3 Bed Terraced House, Single Let, Blackpool, FY1 5JS, £70,000

Queen Victoria Road, Blackpool, Lancashire, FY1 5JS - 2 views - 2 months ago

Sold STC
BTL
ROI: 18%
~93 m²
+4 photos

ValuationUndervalued

Sold Prices£55K - £150K
Sold Prices/m²£611/m² - £1.7K/m²

 

 

Square Metres

~93 m²
Price/m²£753/m²

Value Estimate

£87,500
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£17,500

Stamp Duty & Legal Fees

£3,300

Total Cash In

£20,800

 

 

Cash Out

 

Rent Range

£575 - £2,000

Rent Estimate

£694

Running Costs/mo

£378

Cashflow/mo

£316

Cashflow/yr

£3,797

ROI

18%

Gross Yield

12%

Local Sold Prices

50 sold prices from £55K to £150K, average is £103.5K. £611/m² to £1.7K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£93K12/200.01 mi60, Queen Victoria Road, Blackpool FY1 5JX3
£120K07/210.05 mi70, Queen Victoria Road, Blackpool FY1 5JT3
£125K10/210.05 mi14, Bela Grove, Blackpool FY1 5JZ3
£140K06/230.06 mi36, Queen Victoria Road, Blackpool FY1 5JY3
£88K07/210.07 mi5, Levens Grove, Blackpool FY1 5LA3
£77K11/220.09 mi28, Rose Avenue, Blackpool FY1 5NU3
£146K08/210.13 mi24, Durley Road, Blackpool FY1 6LX3
£95K01/210.13 mi10, Durley Road, Blackpool FY1 6LX3
£105K11/210.13 mi109, Grasmere Road, Blackpool FY1 5NQ3
£99K06/210.13 mi99, Grasmere Road, Blackpool FY1 5NQ3
£118K03/230.13 mi109, Grasmere Road, Blackpool FY1 5NQ3
£110K02/230.14 mi5, Shetland Road, Blackpool FY1 6LP3
£124K12/200.14 mi52, Bela Grove, Blackpool FY1 5PR3
£124K12/200.14 mi52, Bela Grove, Blackpool FY1 5PR3
£97.5K03/210.14 mi18, Shetland Road, Blackpool FY1 6LP3
£105K01/230.14 mi11, Shetland Road, Blackpool FY1 6LP3
£125K12/220.14 mi18, Chadfield Road, Blackpool FY1 5NS3
£104K11/210.14 mi170, Grasmere Road, Blackpool FY1 5NG3
£88K02/230.14 mi17, Bela Grove, Blackpool FY1 5PR3
£75K12/200.14 mi26, Levens Grove, Blackpool FY1 5PP3
£98.5K06/230.15 mi3, Marina Avenue, Blackpool FY1 6QL3
£80K01/230.16 mi27, Wyre Grove, Blackpool FY1 5PW3
£122K10/210.17 mi9, Falmouth Road, Blackpool FY1 6LH3
£95K11/210.17 mi9, Queen Victoria Road, Blackpool FY1 5LF3
£97.5K12/200.18 mi20, Dunelt Road, Blackpool FY1 6LS3
£135K06/230.18 mi44, Dunelt Road, Blackpool FY1 6LS3
£83K08/210.19 mi11, Hudson Road, Blackpool FY1 6LY3
£85K11/200.19 mi38, Hudson Road, Blackpool FY1 6LY3
£120K09/210.19 mi1, Hudson Road, Blackpool FY1 6LY3
£90K10/210.19 mi58, Grasmere Road, Blackpool FY1 5PQ3
£120K08/210.2 mi41, Thirsk Grove, Blackpool FY1 5NH3
£136K01/230.2 mi35, Thirsk Grove, Blackpool FY1 5NH3
£80K11/200.2 mi63, Westfield Road, Blackpool FY1 6NX3
£55K02/210.2 mi70, Westfield Road, Blackpool FY1 6NX3
£119K02/230.2 mi18, Thirsk Grove, Blackpool FY1 5NH3
£95K02/210.2 mi70, Condor Grove, Blackpool FY1 5LT3
£60K08/210.21 mi5, Henry Street, Blackpool FY1 5JG3
£108K02/230.21 mi18, Westmorland Avenue, Blackpool FY1 5LG3
£99K01/210.21 mi55, Sharow Grove, Blackpool FY1 5NE3
£123K11/220.21 mi25, Sharow Grove, Blackpool FY1 5NE3
£82K06/230.22 mi18, Cunliffe Road, Blackpool FY1 6RZ3
£93.5K01/230.22 mi21, Cunliffe Road, Blackpool FY1 6RZ3
£104.5K11/210.22 mi47, Shetland Road, Blackpool FY1 6LW3
£120K05/210.22 mi44, Shetland Road, Blackpool FY1 6LW3
£103K02/230.22 mi35, Shetland Road, Blackpool FY1 6LW3
£95K11/200.22 mi41, Shetland Road, Blackpool FY1 6LW3
£117.5K03/230.22 mi32, Shetland Road, Blackpool FY1 6LW3
£150K12/220.22 mi46, Shetland Road, Blackpool FY1 6LW3
£127K11/220.23 mi31, Auburn Grove, Blackpool FY1 5NJ3
£92.5K06/210.23 mi61, Cunliffe Road, Blackpool FY1 6RY3

Local Rents

44 rents from £575/mo to £2K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£79504/240.06 miAnsdell Road, Blackpool, Lancashire, FY15LX3
£1,10004/240.12 mi92 Grasmere Road3
£1,10005/240.12 mi-3
£75001/250.14 mi-3
£82504/240.17 miWyre Grove, Blackpool3
£1,25004/240.18 miHudson Road, Blackpool, FY13
£1,25004/240.18 mi-3
£95001/250.18 mi-3
£78004/240.24 mi-3
£85003/250.25 mi-3
£82504/240.26 miBoardman Avenue, Blackpool, FY1 6QE3
£80005/240.29 miCunliffe Road, Great Marton, Blackpool, FY13
£85004/250.3 mi-3
£1,20003/250.31 mi-3
£89502/250.31 mi-3
£75004/240.32 miCunliffe Road, Blackpool, FY1 6SD3
£72504/240.33 miAnsdell Road, Blackpool3
£1,20012/240.33 mi-3
£95002/250.33 mi-3
£1,10003/250.35 mi-3
£95004/240.36 miHarris Avenue, FY1 6NJ3
£80004/240.37 miPark Road, Blackpool, FY1 5QN3
£72504/240.37 miHarrison Street, Blackpool, Lancashire, FY13
£77504/240.38 miErdington Road, Blackpool3
£85005/240.4 mi-3
£1,00012/240.42 mi-3
£1,05004/250.46 mi-3
£80005/240.5 mi28 Gloucester Avenue3
£1,73302/250.5 mi-3
£95005/240.53 mi-3
£95005/240.53 miHaig Road, Blackpool, FY13
£1,10004/240.53 miPrincess Street3
£57501/240.53 mi-3
£70004/240.54 miFlat 2, 16 Coop Street3
£2,00002/250.55 mi-3
£2,00002/250.55 mi-3
£90001/250.56 mi-3
£80005/240.58 mi-3
£80005/240.58 mi-3
£65005/240.58 miShaw Road, Blackpool3
£82504/240.59 miBickerstaffe Street, Blackpool3
£72504/240.61 miLindsay Avenue, Blackpool3
£70012/240.61 mi-3
£90002/250.62 mi-3

Local Area Statistics

Population in FY1

33,505

Population in Blackpool

133,713

Town centre distance

1.52 miles away

Nearest school

0.10 miles away

Nearest train station

0.58 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+26%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £70,000

February 15, 2025

Description

  • 3 Bedrooms +
  • Entrance Hall +
  • Lounge Dining Room +
  • Kitchen +
  • Bathroom +
  • External +
  • Agents Notes +

Introducing a desirable terraced house, prominently situated with excellent public transport links, nearby schools, and local amenities. This property is presented to the market in good condition, perfect for first-time buyers or investors looking for a solid investment.

This substantial property boasts three comfortable bedrooms, a well-sized reception room perfect for entertaining, and a functional kitchen that caters to all your culinary needs. Completing the property is a modern bathroom, providing a tranquil space for relaxation.

One of the unique features of this property is its garden, offering a perfect retreat for outdoor enjoyment and relaxation. Whether you're looking for your first home or an investment opportunity, this property, with its versatile living space and convenient location, could be the perfect choice.

The property is currently listed for sale and offers an exceptional opportunity to acquire a well-maintained home in this sought-after location. Viewing is highly recommended to truly appreciate the potential this property offers. EPC TO FOLLOW.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

BLA250062/2

Agent Details

Reeds Rains, Blackpool - Highfield Road

01253 835027

Next Steps?

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