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

Warley Road, Bispham, Blackpool, Lancashire, FY2 0SS - 3 views - 2 months ago

Auction
BTL
ROI: 7%
~68 m²
+11 photos

ValuationOvervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£1.2K/m²

Value Estimate

£83,124

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

£580

Running Costs/mo

£402

Cashflow/mo

£178

Cashflow/yr

£2,141

ROI

9%

Gross Yield

8%

Local Sold Prices

51 sold prices from £60K to £214K, average is £92K. £797/m² to £2.4K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£115K01/230.05 mi414, Warley Road, Blackpool FY2 0SS2
£165K02/230.07 mi290, Warley Road, Blackpool FY2 0UJ2
£112K11/200.1 mi27, Armadale Road, Blackpool FY2 0SW2
£123K07/210.14 mi31, Benson Road, Blackpool FY3 7HP2
£125K01/230.14 mi282, Warley Road, Blackpool FY2 0UG2
£85K12/200.16 mi18, Leaford Avenue, Blackpool FY3 7JB2
£92.5K11/210.16 mi17, Leaford Avenue, Blackpool FY3 7JB2
£87.5K07/230.16 mi5, Leaford Avenue, Blackpool FY3 7JB2
£87.5K07/230.16 mi5, Leaford Avenue, Blackpool FY3 7JB2
£207.5K12/220.18 mi164, Warbreck Hill Road, Blackpool FY2 0SL2
£105K12/220.18 mi7, Oregon Avenue, Blackpool FY3 7JU2
£100K09/210.2 mi81, Mansfield Road, Blackpool FY3 7HZ2
£94K12/220.2 mi91, Mansfield Road, Blackpool FY3 7HZ2
£72K04/210.22 mi31, Oregon Avenue, Blackpool FY3 7JU2
£214K12/200.23 mi9, Hilstone Lane, Blackpool FY2 0SJ2
£130K09/210.24 mi26, Poulton Road, Blackpool FY3 7DT2
£97.3K12/200.24 mi35, Raymond Avenue, Blackpool FY2 0TY2
£110K12/200.26 mi3, Blackfen Place, Blackpool FY2 0XG2
£130K08/210.26 mi6, Wembley Avenue, Blackpool FY3 7DU2
£78.5K02/210.27 mi209, Warley Road, Blackpool FY2 0UL2
£103.5K04/210.27 mi221, Warley Road, Blackpool FY2 0UL2
£116K03/210.28 mi87, Bexley Avenue, Blackpool FY2 0TE2
£78K05/210.29 mi25, Brooklyn Avenue, Blackpool FY3 7DP2
£85K03/210.31 mi222, Warley Road, Blackpool FY2 0UD2
£125.5K03/230.32 mi37, Meyler Avenue, Blackpool FY3 7DX2
£110K12/210.32 mi28, Courtfield Avenue, Blackpool FY2 0UN2
£137K04/230.32 mi1, Hurstwood Drive, Blackpool FY2 0WU2
£87.5K02/210.35 mi10, Eastwood Avenue, Blackpool FY3 7DW2
£100K02/210.36 mi24, Norwood Avenue, Blackpool FY3 7DJ2
£90K11/200.4 mi36, Lynwood Avenue, Blackpool FY3 7DG2
£142K12/220.42 mi24, Holly Road, Blackpool FY1 2SF2
£74K01/210.43 mi24, Melrose Avenue, Blackpool FY3 7ES2
£60K03/210.43 mi13, Melrose Avenue, Blackpool FY3 7ES2
£87.5K03/230.43 mi22, Melrose Avenue, Blackpool FY3 7ES2
£80K11/200.43 mi13, Onslow Road, Blackpool FY3 7DF2
£70K11/210.43 mi15, Onslow Road, Blackpool FY3 7DF2
£90K10/210.43 mi49, Onslow Road, Blackpool FY3 7DF2
£145K03/210.45 mi12, Poulton Old Road, Blackpool FY3 7LB2
£83K12/220.45 mi9, Huntley Avenue, Blackpool FY3 7BU2
£60K04/210.48 mi6, Jackson Street, Blackpool FY3 7BZ2
£60K04/210.48 mi6, Jackson Street, Blackpool FY3 7BZ2
£92K06/230.48 mi18, Jackson Street, Blackpool FY3 7BZ2
£80K01/210.49 mi10, Garrick Grove, Blackpool FY3 7DD2
£72.5K02/210.49 mi7, Garrick Grove, Blackpool FY3 7DD2
£67K05/230.49 mi4, Garrick Grove, Blackpool FY3 7DD2
£93K06/230.49 mi1, Garrick Grove, Blackpool FY3 7DD2
£61K11/200.49 mi2, Garrick Grove, Blackpool FY3 7DD2
£132K01/210.49 mi145, Poulton Road, Blackpool FY3 7JJ2
£77K12/200.5 mi10, Leavesley Road, Blackpool FY1 2QP2
£65K04/210.5 mi2, Grenfell Avenue, Blackpool FY3 7BP2
£82.5K03/230.5 mi25, Grenfell Avenue, Blackpool FY3 7BP2

Local Rents

36 rents from £542/mo to £975/mo, average is £650/mo.

RentDateDistanceAddressBeds 
£54202/240.11 mi-2
£58505/240.11 miBispham Road, Blackpool, FY22
£58505/240.11 miBispham Road, Blackpool, FY22
£58506/240.11 miBispham Road, Blackpool, FY22
£58505/240.11 mi-2
£58505/240.11 mi-2
£58506/240.11 mi-2
£65003/250.11 mi-2
£60004/240.13 miChelsea Avenue, Blackpool2
£60004/240.13 miChelsea Avenue, Blackpool2
£57504/240.13 miChelsea Avenue, Blackpool2
£60012/230.13 mi-2
£65004/250.13 mi-2
£89504/240.25 miRaymond Avenue, Blackpool, Lancashire, FY22
£82505/240.29 miGoodwood Avenue, Blackpool, Lancashire, FY22
£97504/240.31 miCourtfield Avenue, Blackpool, Lancashire, FY22
£60004/240.32 miHolyoake Avenue, Blackpool, Lancashire, FY22
£75005/240.32 miHurstwood Drive, Bispham, FY2 0WU2
£67504/240.43 miMelrose Avenue, Blackpool, Lancashire, FY32
£64005/240.45 mi-2
£65005/240.45 mi-2
£65004/240.47 miWilford Street, Blackpool2
£62504/240.47 mi-2
£70004/240.53 miArdmore Road, Blackpool, Lancashire, FY22
£65004/240.53 miClaremont Road, Blackpool2
£60004/240.54 miParbold Close, Mowbray Drive2
£68004/250.56 mi-2
£80004/250.56 mi-2
£69502/240.57 mi-2
£69001/250.57 mi-2
£66503/240.58 mi-2
£66505/240.58 mi-2
£67503/250.58 mi-2
£66504/240.58 miCoopers Way, Blackpool, FY12
£66504/240.58 miCoopers Way, Blackpool, FY12
£67504/240.62 mi-2

Local Area Statistics

Population in FY2

24,589

Population in Blackpool

133,713

Town centre distance

1.56 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 19, 2025

Description

  • Being Sold via Secure Sale online bidding. Terms and Conditions apply. +
  • Two Bedrooms +
  • One Reception Room +
  • Family Bathroom +
  • Driveway +

A 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!

Council Tax Band: A
Tenure: Freehold

Agent Details

Pattinson Estate Agents, Auction

0191 625 0242

Next Steps?

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