3 Bed Terraced House, Single Let, Blackpool, FY2 0PU, £115,000

29 Salcombe Avenue, Bispham, Blackpool, FY2 0PU - 2 months ago

BTL
ROI: 8%
60 m²
+3 photos

ValuationOvervalued

Sold Prices£82K - £200K
Sold Prices/m²£1K/m² - £2.9K/m²

 

 

Square Metres

60 m²
Price/m²£1.9K/m²

Value Estimate

£101,600

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£28,750

Stamp Duty & Legal Fees

£4,650

Total Cash In

£33,400

 

 

Cash Out

 

Rent Range

£725 - £1,100

Rent Estimate

£741

Running Costs/mo

£528

Cashflow/mo

£213

Cashflow/yr

£2,561

ROI

8%

Gross Yield

8%

Local Sold Prices

50 sold prices from £82K to £200K, average is £127.3K. £1K/m² to £2.9K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£105K04/210.02 mi24, Salcombe Avenue, Blackpool FY2 0PU3
£95K11/200.02 mi47, Salmesbury Avenue, Blackpool FY2 0PR3
£175K01/230.02 mi32, Salmesbury Avenue, Blackpool FY2 0PR3
£150K06/230.04 mi9, Brough Avenue, Blackpool FY2 0PY3
£120K12/200.08 mi37, Runcorn Avenue, Blackpool FY2 0PS3
£127K09/210.1 mi40, Washington Avenue, Blackpool FY2 0PT3
£104K11/200.12 mi6, Langdon Way, Blackpool FY2 0PX3
£106K06/230.12 mi1, Ludlow Grove, Blackpool FY2 0PZ3
£125K03/230.12 mi37, Ludlow Grove, Blackpool FY2 0PZ3
£130K01/230.13 mi8, Essex Place, Blackpool FY2 0QA3
£136K04/230.13 mi3, Essex Place, Blackpool FY2 0QA3
£102K10/210.14 mi23, Elmridge Crescent, Blackpool FY2 0NQ3
£113K02/210.14 mi10, Elmridge Crescent, Blackpool FY2 0NQ3
£155K04/230.14 mi23, Elmridge Crescent, Blackpool FY2 0NQ3
£152.5K07/230.14 mi6, Elmridge Crescent, Blackpool FY2 0NQ3
£137.5K07/210.16 mi2, Hetherington Place, Blackpool FY2 0QD3
£113K08/210.18 mi41, Stopford Avenue, Blackpool FY2 0QF3
£137K12/210.2 mi8, Maxwell Grove, Blackpool FY2 0QG3
£82.5K11/200.2 mi8, Maxwell Grove, Blackpool FY2 0QG3
£87.5K08/210.21 mi32, Stopford Avenue, Blackpool FY2 0QQ3
£167K10/220.21 mi16, Low Moor Road, Blackpool FY2 0PG3
£200K09/220.22 mi3, Low Moor Road, Blackpool FY2 0PA3
£118.5K10/220.22 mi3, Hayfield Avenue, Blackpool FY2 0NJ3
£124K01/230.25 mi4, Maurice Grove, Blackpool FY2 0QH3
£90K10/210.25 mi3, Holyoake Avenue, Blackpool FY2 0QL3
£125K09/210.25 mi22, Maurice Grove, Blackpool FY2 0QH3
£91K05/210.26 mi12, Alston Road, Blackpool FY2 0TD3
£146.5K09/210.26 mi13, Alston Road, Blackpool FY2 0TD3
£132.5K03/210.27 mi3, Chive Close, Blackpool FY2 0WF3
£142.5K10/210.27 mi2, Toronto Avenue, Blackpool FY2 0PB3
£127.5K03/210.28 mi1, Coriander Close, Blackpool FY2 0WE3
£123K03/210.28 mi7, Coriander Close, Blackpool FY2 0WE3
£125.7K12/200.28 mi17, Coriander Close, Blackpool FY2 0WE3
£155K01/210.28 mi16, Coriander Close, Blackpool FY2 0WE3
£145K06/210.28 mi10, Coriander Close, Blackpool FY2 0WE3
£167.5K05/230.28 mi30, Coriander Close, Blackpool FY2 0WE3
£165K10/220.28 mi22, Coriander Close, Blackpool FY2 0WE3
£179.9K02/230.29 mi119, Bispham Road, Blackpool FY2 0NR3
£82K12/200.31 mi26, Morston Avenue, Blackpool FY2 0TB3
£127K07/210.31 mi17, Morston Avenue, Blackpool FY2 0TB3
£174.5K08/230.38 mi10, Holcombe Road, Blackpool FY2 0SR3
£139K11/200.38 mi1, Holcombe Road, Blackpool FY2 0SR3
£106K03/210.38 mi9, Canada Crescent, Blackpool FY2 0NT3
£143K12/220.39 mi14, Meadow Close, Blackpool FY2 0WW3
£115K02/230.39 mi47, Collins Avenue, Blackpool FY2 0NX3
£185K11/200.39 mi196, Bispham Road, Blackpool FY2 0LA3
£113.5K09/210.39 mi31, Collins Avenue, Blackpool FY2 0NX3
£162.5K07/230.39 mi76, Collins Avenue, Blackpool FY2 0NX3
£124K01/210.39 mi19, Meadow Close, Blackpool FY2 0WW3
£158K12/200.39 mi21, Westfield Avenue, Blackpool, Lancashire FY3 7LU3

Local Rents

33 rents from £725/mo to £1.1K/mo, average is £899/mo.

RentDateDistanceAddressBeds 
£1,09903/250.02 mi-3
£1,09903/250.02 mi-3
£77504/240.02 miSalmesbury Avenue, Blackpool3
£75004/240.08 miRuncorn Avenue,Blackpool,FY23
£99905/240.09 miRuncorn Avenue, Blackpool, FY23
£89906/240.09 mi-3
£77510/230.13 miEdmonton Place, Blackpool, Lancashire, FY23
£75004/240.13 miEdmonton Place, Blackpool, Lancashire, FY23
£1,00012/240.15 mi-3
£97501/250.23 mi-3
£95002/240.26 mi-3
£95002/250.42 mi-3
£82504/240.44 miCarleton Avenue, Blackpool3
£72502/240.46 mi-3
£75005/240.46 mi-3
£80005/240.48 miLimerick Road,Blackpool,FY23
£1,00002/250.48 mi-3
£1,10003/250.48 mi-3
£95004/240.5 mi-3
£95005/240.5 mi-3
£95004/240.5 miWades Court, Blackpool, FY33
£89902/240.51 mi-3
£95004/240.51 miGalway Avenue, Blackpool, Lancashire, FY23
£80004/240.51 mi-3
£89503/240.52 mi-3
£1,10004/240.58 miThe Rowans, Poulton-Le-Fylde, Lancashire, FY63
£82512/240.58 miThe Rowans, Poulton-Le-Fylde, Lancashire, FY63
£82505/240.6 mi-3
£82504/240.6 miMeyler Avenue, Blackpool, FY33
£89505/240.61 mi-3
£89505/240.61 mi-3
£89505/240.61 mi-3
£95008/230.61 mi-3

Local Area Statistics

Population in FY2

24,589

Population in Blackpool

133,713

Town centre distance

1.83 miles away

Nearest school

0.40 miles away

Nearest train station

0.46 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+50%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £115,000

February 12, 2025

Floor Plans

Description

  • Three Bedrooms +
  • Through Lounge/Dining Area +
  • Kitchen +
  • Bathroom +
  • Mainly double glazed +
  • Gas central heating +
  • Gardens +
  • Possible Garage space +

A Three Bedroom End Terrace property, requiring a little TLC but just ready to make your own. Boasts a lovely rear Garden, and sold with NO ONWARD CHAIN.

Agent Details

McDonald, Fylde Coast

01253 835493

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪