2 Bed Terraced House, Refurb/BRRR, Poulton-le-Fylde, FY6 0EN, £159,950

No. 19, Jubilee Avenue, Preesall, Lancs FY6 0EN - 2 views - 2 months ago

Sold STC
Refurb/BRRR
ROI: 1%
~68 m²
+27 photos

ValuationOvervalued

Sold Prices£70K - £315K
Sold Prices/m²£1.3K/m² - £5.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.3K/m²

Value Estimate

£139,031

 

 

End Value (After Refurb)

£139,950

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£39,988

Stamp Duty & Legal Fees

£6,150

Refurb Costs

£27,660

Bridging Loan Interest

£4,199

Total Cash In

£79,746

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£139,950

Mortgage (After Refinance)

£104,963

Mortgage LTV

75%

Cash Left In

£79,746

Equity

£34,988

Rent Range

£433 - £1,500

Rent Estimate

£693

Running Costs/mo

£596

Cashflow/mo

£97

Cashflow/yr

£1,165

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £70K to £315K, average is £145.5K. £1.3K/m² to £5.5K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£122.5K09/210 mi8, Jubilee Avenue, Preesall, Poulton-le-fylde, Lancashire FY6 0EN2
£130K07/230.03 mi28, Fordstone Avenue, Preesall, Poulton-le-fylde, Lancashire FY6 0EB2
£115K03/210.03 mi34, Fordstone Avenue, Preesall, Poulton-le-fylde, Lancashire FY6 0EB2
£147K05/210.03 mi14, Fordstone Avenue, Preesall, Poulton-le-fylde, Lancashire FY6 0EB2
£70K04/210.05 mi17, Hampson Grove, Preesall, Poulton-le-fylde, Lancashire FY6 0EL2
£110K06/230.05 mi8, Hampson Grove, Preesall, Poulton-le-fylde, Lancashire FY6 0EL2
£70K04/210.05 mi17, Hampson Grove, Preesall, Poulton-le-fylde, Lancashire FY6 0EL2
£144K07/230.1 mi19, Elmwood Avenue, Preesall, Poulton-le-fylde, Lancashire FY6 0ED2
£112.5K01/210.11 mi31, Park Lane, Preesall, Poulton-le-fylde, Lancashire FY6 0LY2
£135K10/230.11 mi33, Park Lane, Preesall, Poulton-le-fylde, Lancashire FY6 0LY2
£180K12/220.12 mi43, Elmwood Avenue, Preesall, Poulton-le-fylde, Lancashire FY6 0ED2
£139.9K09/210.27 mi19, Rosslyn Crescent, Preesall, Poulton-le-fylde, Lancashire FY6 0PY2
£220K07/230.3 mi50, Beechfield Avenue, Preesall, Poulton-le-fylde, Lancashire FY6 0PT2
£117K03/230.31 mi10, Rosslyn Crescent East, Preesall, Poulton-le-fylde, Lancashire FY6 0QB2
£155K01/230.33 mi11, Thornhill Avenue, Preesall, Poulton-le-fylde, Lancashire FY6 0EZ2
£137.5K11/200.34 mi11, Cedar Avenue, Preesall, Poulton-le-fylde, Lancashire FY6 0PS2
£180.5K08/230.34 mi11, Cedar Avenue, Preesall, Poulton-le-fylde, Lancashire FY6 0PS2
£143K03/210.35 mi8, Maplewood Avenue, Preesall, Poulton-le-fylde, Lancashire FY6 0PU2
£169.9K12/220.37 mi8, Rosemount Avenue, Preesall, Poulton-le-fylde, Lancashire FY6 0EY2
£130K11/210.37 mi202, Park Lane, Preesall, Poulton-le-fylde, Lancashire FY6 0NW2
£135K12/200.45 mi35, Meadow Avenue, Preesall, Poulton-le-fylde, Lancashire FY6 0HA2
£143.5K05/210.45 mi29, Meadow Avenue, Preesall, Poulton-le-fylde, Lancashire FY6 0HA2
£206.5K02/210.49 miWoodstock, Lancaster Road, Knott End On Sea, Poulton-le-fylde, Lancashire FY6 0DU2
£165K10/210.49 mi2, Keswick Grove, Knott End On Sea, Poulton-le-fylde, Lancashire FY6 0ND2
£149.9K06/210.49 mi10, Keswick Grove, Knott End On Sea, Poulton-le-fylde, Lancashire FY6 0ND2
£228K09/230.52 mi10, Buckthorn Place, Knott End On Sea, Poulton-le-fylde, Lancashire FY6 0EP2
£192K06/230.57 mi19, Ambleside Avenue, Knott End On Sea, Poulton-le-fylde, Lancashire FY6 0NF2
£172K07/230.57 mi18, Ambleside Avenue, Knott End On Sea, Poulton-le-fylde, Lancashire FY6 0NF2
£160K04/210.57 mi6, Thirlmere Close, Knott End On Sea, Poulton-le-fylde, Lancashire FY6 0JY2
£224.5K07/230.57 mi25, Thirlmere Close, Knott End On Sea, Poulton-le-fylde, Lancashire FY6 0JY2
£125K05/230.57 mi24, Sunnyside Terrace, Preesall, Poulton-le-fylde, Lancashire FY6 0NT2
£295K10/210.58 mi4, Lancaster Close, Knott End On Sea, Poulton-le-fylde, Lancashire FY6 0JZ2
£290K10/230.58 mi1, Lancaster Close, Knott End On Sea, Poulton-le-fylde, Lancashire FY6 0JZ2
£187.5K11/210.61 mi19, Grasmere Road, Knott End On Sea, Poulton-le-fylde, Lancashire FY6 0DW2
£172K09/230.61 mi23, Grasmere Road, Knott End On Sea, Poulton-le-fylde, Lancashire FY6 0DW2
£275K10/220.63 miKirklea, Lancaster Road, Knott End On Sea, Poulton-le-fylde, Lancashire FY6 0DU2
£185K01/240.64 mi3, Derwent Close, Knott End On Sea, Poulton-le-fylde, Lancashire FY6 0QF2
£215K03/210.65 miMandalay, Lancaster Road, Knott End On Sea, Poulton-le-fylde, Lancashire FY6 0DN2
£295K08/230.65 miMandalay, Lancaster Road, Knott End On Sea, Poulton-le-fylde, Lancashire FY6 0DN2
£140K04/210.66 mi11, Hawkshead Road, Knott End On Sea, Poulton-le-fylde, Lancashire FY6 0QE2
£165K02/230.7 mi5, Rydal Grove, Knott End On Sea, Poulton-le-fylde, Lancashire FY6 0DS2
£135K01/210.73 mi28, Coniston Avenue, Knott End On Sea, Poulton-le-fylde, Lancashire FY6 0DP2
£178K12/210.75 mi53, Coniston Avenue, Knott End On Sea, Poulton-le-fylde, Lancashire FY6 0DR2
£133K02/210.75 mi11, Coniston Avenue, Knott End On Sea, Poulton-le-fylde, Lancashire FY6 0DR2
£117.5K01/210.75 mi97, Coniston Avenue, Knott End On Sea, Poulton-le-fylde, Lancashire FY6 0DR2
£142.5K02/210.75 mi105, Coniston Avenue, Knott End On Sea, Poulton-le-fylde, Lancashire FY6 0DR2
£130K02/210.75 mi41, Coniston Avenue, Knott End On Sea, Poulton-le-fylde, Lancashire FY6 0DR2
£144K09/230.75 mi29, Coniston Avenue, Knott End On Sea, Poulton-le-fylde, Lancashire FY6 0DR2
£315K02/230.8 miWavertree, Hackensall Road, Knott End On Sea, Poulton-le-fylde, Lancashire FY6 0AZ2
£120K08/230.86 mi14, Lune View, Knott End On Sea, Poulton-le-fylde, Lancashire FY6 0AG2

Local Rents

50 rents from £433/mo to £1.5K/mo, average is £675/mo.

RentDateDistanceAddressBeds 
£1,10012/240.41 miWillow House, Sandy Lane, FY63
£60012/240.96 mi-2
£62502/250.96 mi-2
£55004/240.96 mi17B Oliver Court, The Esplanade, Knott End on Sea, Poulton-le-Fylde, FY6 0AD2
£70004/241 mi14 Worsley Close, Knott End on Sea, Poulton le Fylde, FY6 0BL2
£62503/251.01 mi-2
£70012/241.03 miThe Esplanade, Knott End-On-Sea, Poulton-Le-Fylde2
£80012/241.18 miThe Waterfront, KNOTT END, FY6 0FL2
£80012/241.18 miThe Waterfront, KNOTT END, FY6 0FL2
£1,10006/241.42 miHead Dyke Lane, Pilling, PR33
£57504/241.49 miDock Street, Fleetwood2
£70004/241.53 miQueens Terrace, Fleetwood2
£69512/241.6 mi-2
£45004/241.63 miFlat B, 38 Church Street, Fleetwood, Lancashire, FY72
£79504/241.63 miDouglas Avenue, FY62
£67504/241.64 mi48 North Albert Street2
£49004/241.65 miCross Street,1
£55004/241.65 miCross Street, Fleetwood, FY72
£62512/241.65 mi-2
£65003/251.65 mi-2
£70012/241.66 mi-2
£72512/241.66 mi-2
£60004/241.66 miPharos Grove, Fleetwood, Lancashire, FY72
£70012/241.66 mi-3
£75009/241.66 mi-3
£97512/241.66 miSmithy Lane, Stalmine, Poulton-Le-Fylde3
£43312/241.67 miPharos Street, Fleetwood, FY71
£55004/241.67 miChapman Court, Fleetwood1
£70004/241.68 miKeel House, Bulkhead Drive, Fleetwood, Lancashire, FY72
£63001/251.69 mi-2
£67504/241.69 miMarina Mews, Fleetwood, Lancashire, FY72
£90012/241.7 mi-4
£50012/241.7 mi-2
£1,50011/241.71 mi-4
£60012/241.71 miVictoria Street, Fleetwood, FY72
£67504/251.71 mi-2
£72512/241.72 miPennine Way, FY62
£65012/241.72 mi-2
£75004/241.72 miAdelaide Street, Fleetwood, FY72
£67512/241.72 miAdelaide Street, Fleetwood, FY72
£43312/241.72 mi-1
£65004/241.73 mi-2
£79011/241.73 mi-2
£70004/241.73 miNorth Street, Fleetwood3
£65004/241.73 miPharos Street, Fleetwood, Lancashire, FY72
£65004/241.73 mi-2
£65004/241.74 miWarren Street, Fleetwood, FY72
£80003/251.75 mi-3
£45504/251.76 mi-1
£62504/241.76 miQuayside, Fleetwood, Lancashire, FY72

Local Area Statistics

Population in FY6

27,751

Town centre distance

5.55 miles away

Nearest school

0.40 miles away

Nearest train station

5.25 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

-9%

Sales demand

Buyer's market

Capital growth (5yrs)

+12%

Property History

Price changed to £159,950

February 28, 2025

Listed for £165,000

February 14, 2025

Description

  • Two bedroom end-quasi family home in discrete, quiet residential location +
  • TWO spacious double bedrooms and TWO reception rooms +
  • SUPERBLY well maintained property - awaits modernisation +
  • *** HUGE DEVELOPMENT POTENTIAL *** +
  • *** NO ONWARD CHAIN *** +
  • External garage and off road parking +
  • Expansive, well maintained private garden to rear - A REAL GARDENERS GARDEN +
  • EARLY VIEWING ESSENTIAL +

Welcome To

No. 19, Jubilee Avenue,
Preesall.

Property At A Glance

Two bedroom end-quasi family home in discrete rural village location.

Occupying a generous plot, this superbly well maintained property features
TWO double bedrooms, TWO reception rooms, spacious fitted kitchen, tiled
bathroom suite, external garage, off road parking on Indian stone flagged 
driveway and expansive neatly maintained private garden to rear.

Though extremely well maintained throughout, the property would now benefit
from a degree of cosmetic modernisation and presents an 
OUTSTANDING DEVELOPMENT OPPORTUNITY.

Located in quiet residential location in the rural village of Preesall, five minutes
stroll from local shops and transport links with coastal path and further amenities of 
Knott End-on-Sea around a mile away to include shops and cafes, popular pubs
and eateries, sports and social clubs, Magnificent Esplanade and transport links to 
Poulton-le-Fylde, Blackpool, Lancaster and Fleetwood via foot ferry.

* A SUPERB, LIVEABLE DEVELOPMENT PROJECT *

EARLY INTERNAL VIEWING ESSENTIAL

Call - to view

Agent Details

Royle Estate Agents, Poulton-Le-Fylde

01253 835630

Next Steps?

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