2 Bed Terraced House, Single Let, Blackpool, FY2 0SS, £85,000

Warley Road, Blackpool, FY2 0SS - 1 views - 2 months ago

Auction
BTL
ROI: 8%
~68 m²
+11 photos

ValuationUndervalued

Sold Prices£60K - £214K
Sold Prices/m²£797/m² - £2.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.2K/m²

Value Estimate

£91,130
BMV1%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£21,250

Stamp Duty & Legal Fees

£3,900

Total Cash In

£25,150

 

 

Cash Out

 

Rent Range

£542 - £975

Rent Estimate

£585

Running Costs/mo

£403

Cashflow/mo

£182

Cashflow/yr

£2,189

ROI

9%

Gross Yield

8%

Local Sold Prices

51 sold prices from £60K to £214K, average is £95K. £797/m² to £2.4K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£115K01/230 mi414, Warley Road, Blackpool FY2 0SS2
£112K11/200.05 mi27, Armadale Road, Blackpool FY2 0SW2
£165K02/230.12 mi290, Warley Road, Blackpool FY2 0UJ2
£207.5K12/220.14 mi164, Warbreck Hill Road, Blackpool FY2 0SL2
£123K07/210.15 mi31, Benson Road, Blackpool FY3 7HP2
£125K01/230.18 mi282, Warley Road, Blackpool FY2 0UG2
£214K12/200.19 mi9, Hilstone Lane, Blackpool FY2 0SJ2
£105K12/220.21 mi7, Oregon Avenue, Blackpool FY3 7JU2
£85K12/200.21 mi18, Leaford Avenue, Blackpool FY3 7JB2
£92.5K11/210.21 mi17, Leaford Avenue, Blackpool FY3 7JB2
£87.5K07/230.21 mi5, Leaford Avenue, Blackpool FY3 7JB2
£87.5K07/230.21 mi5, Leaford Avenue, Blackpool FY3 7JB2
£72K04/210.24 mi31, Oregon Avenue, Blackpool FY3 7JU2
£100K09/210.25 mi81, Mansfield Road, Blackpool FY3 7HZ2
£94K12/220.25 mi91, Mansfield Road, Blackpool FY3 7HZ2
£97.3K12/200.27 mi35, Raymond Avenue, Blackpool FY2 0TY2
£130K09/210.27 mi26, Poulton Road, Blackpool FY3 7DT2
£137K04/230.28 mi1, Hurstwood Drive, Blackpool FY2 0WU2
£130K08/210.3 mi6, Wembley Avenue, Blackpool FY3 7DU2
£110K12/200.3 mi3, Blackfen Place, Blackpool FY2 0XG2
£78.5K02/210.31 mi209, Warley Road, Blackpool FY2 0UL2
£103.5K04/210.31 mi221, Warley Road, Blackpool FY2 0UL2
£116K03/210.32 mi87, Bexley Avenue, Blackpool FY2 0TE2
£78K05/210.33 mi25, Brooklyn Avenue, Blackpool FY3 7DP2
£85K03/210.34 mi222, Warley Road, Blackpool FY2 0UD2
£125.5K03/230.35 mi37, Meyler Avenue, Blackpool FY3 7DX2
£110K12/210.36 mi28, Courtfield Avenue, Blackpool FY2 0UN2
£87.5K02/210.39 mi10, Eastwood Avenue, Blackpool FY3 7DW2
£100K02/210.41 mi24, Norwood Avenue, Blackpool FY3 7DJ2
£142K12/220.42 mi24, Holly Road, Blackpool FY1 2SF2
£90K11/200.44 mi36, Lynwood Avenue, Blackpool FY3 7DG2
£145K03/210.45 mi12, Poulton Old Road, Blackpool FY3 7LB2
£110K10/220.46 mi6, Headfort Close, Blackpool FY2 0RX2
£74K01/210.47 mi24, Melrose Avenue, Blackpool FY3 7ES2
£60K03/210.47 mi13, Melrose Avenue, Blackpool FY3 7ES2
£87.5K03/230.47 mi22, Melrose Avenue, Blackpool FY3 7ES2
£90K02/210.48 mi14, Ardmore Road, Blackpool FY2 0RU2
£80K11/210.48 mi39, Ardmore Road, Blackpool FY2 0RU2
£95K08/210.48 mi41, Ardmore Road, Blackpool FY2 0RU2
£105K11/220.48 mi31, Ardmore Road, Blackpool FY2 0RU2
£80K11/200.48 mi13, Onslow Road, Blackpool FY3 7DF2
£70K11/210.48 mi15, Onslow Road, Blackpool FY3 7DF2
£90K10/210.48 mi49, Onslow Road, Blackpool FY3 7DF2
£106K10/220.48 mi45, Ardmore Road, Blackpool FY2 0RU2
£132K01/210.5 mi145, Poulton Road, Blackpool FY3 7JJ2
£83K12/220.5 mi9, Huntley Avenue, Blackpool FY3 7BU2
£60K04/210.52 mi6, Jackson Street, Blackpool FY3 7BZ2
£60K04/210.52 mi6, Jackson Street, Blackpool FY3 7BZ2
£92K06/230.52 mi18, Jackson Street, Blackpool FY3 7BZ2
£80K01/210.53 mi10, Garrick Grove, Blackpool FY3 7DD2
£72.5K02/210.53 mi7, Garrick Grove, Blackpool FY3 7DD2

Local Rents

30 rents from £542/mo to £975/mo, average is £645/mo.

RentDateDistanceAddressBeds 
£65003/250.08 mi-2
£60004/240.08 miChelsea Avenue, Blackpool2
£60004/240.08 miChelsea Avenue, Blackpool2
£57504/240.08 miChelsea Avenue, Blackpool2
£54202/240.1 mi-2
£58505/240.1 miBispham Road, Blackpool, FY22
£58505/240.1 miBispham Road, Blackpool, FY22
£58506/240.1 miBispham Road, Blackpool, FY22
£58505/240.1 mi-2
£58505/240.1 mi-2
£58506/240.1 mi-2
£60012/230.1 mi-2
£65004/250.1 mi-2
£75005/240.28 miHurstwood Drive, Bispham, FY2 0WU2
£89504/240.28 miRaymond Avenue, Blackpool, Lancashire, FY22
£60004/240.29 miHolyoake Avenue, Blackpool, Lancashire, FY22
£82505/240.29 miGoodwood Avenue, Blackpool, Lancashire, FY22
£97504/240.35 miCourtfield Avenue, Blackpool, Lancashire, FY22
£67504/240.47 miMelrose Avenue, Blackpool, Lancashire, FY32
£70004/240.48 miArdmore Road, Blackpool, Lancashire, FY22
£64005/240.5 mi-2
£65005/240.5 mi-2
£65004/240.51 miWilford Street, Blackpool2
£62504/240.52 mi-2
£60004/240.53 miParbold Close, Mowbray Drive2
£65004/240.56 miClaremont Road, Blackpool2
£80003/250.59 mi-2
£68003/250.61 mi-2
£69502/240.61 mi-2
£65004/240.61 mi-2

Local Area Statistics

Population in FY2

24,589

Population in Blackpool

133,713

Town centre distance

1.60 miles away

Nearest school

0.20 miles away

Nearest train station

0.11 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+50%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Price changed to £85,000

March 4, 2025

Listed for £90,000

February 18, 2025

Floor Plans

Description

  • Two Bedrooms. +
  • Enclosed Walled Garden To The Rear +
  • Modern Kitchen / Dining Room +
  • GREAT Location, Close To Amenities +
  • Off Road Parking Available +
  • Good Size Family Bathroom +
  • Spacious Lounge +
  • TWO Bedroom, End Terraced Family Home +

Being Sold Via Secure Sale Online Bidding. Terms & Conditions Apply. Starting Bid £90,000
Immediate ‘Exchange Of Contracts- Available.

CALLING Investors - Perfect For Buy To let! Anyone Looking For A TWO Bedroom Family Home, With Great Size Lounge, Modern Kitchen & Dining Room In A Great Location, Garden & Driveway - Close To Local Amenities! To Include, Shops, Supermarkets, Restaurants & Eateries, Choice Of Primary & Secondary Schools With Excellent Road/Transport/Train Links Nearby! Internal Viewing Essential!

Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £90,000

This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately a transparent process which provides speed, security and certainty for all parties.

Call Unique Thornton On To Secure Your Viewing Today!

EPC: Pending

Council Tax: A

Internal living Space: 64sqm

Tenure: Freehold, to be confirmed by your legal representative.

Auctioneers Additional Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as The Auctioneer.

 This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers- obligations and sellers- commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

Agent Details

Unique Estate Agency Ltd, Thornton Cleveleys

01253 835787

Next Steps?

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