2 Bed Terraced House, Single Let, Blackpool, FY3 8RP, £75,000

Laburnum Street, Blackpool, Lancashire, FY3 8RP - 3 views - 2 months ago

Sold STC
BTL
ROI: 12%
~68 m²
+1 photos

ValuationUndervalued

Sold Prices£60K - £170K
Sold Prices/m²£604/m² - £2.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.1K/m²

Value Estimate

£81,541
BMV9%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£18,750

Stamp Duty & Legal Fees

£3,450

Total Cash In

£22,200

 

 

Cash Out

 

Rent Range

£550 - £1,350

Rent Estimate

£600

Running Costs/mo

£374

Cashflow/mo

£226

Cashflow/yr

£2,708

ROI

12%

Gross Yield

10%

Local Sold Prices

50 sold prices from £60K to £170K, average is £82.8K. £604/m² to £2.4K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£62.5K10/200 mi1, Laburnum Street, Blackpool FY3 8RP2
£77.5K03/230.02 mi19, Healey Street, Blackpool FY3 8RW2
£105K10/200.09 mi4, Caledonian Avenue, Blackpool FY3 8RB2
£72K05/210.1 mi7, Whittaker Avenue, Blackpool FY3 8RE2
£72K02/210.1 mi27, Whittaker Avenue, Blackpool FY3 8RE2
£70K03/210.1 mi22, Whittaker Avenue, Blackpool FY3 8RE2
£76.5K09/210.11 mi18, Heald Street, Blackpool FY3 8BG2
£65K08/210.11 mi3, Heald Street, Blackpool FY3 8BG2
£60.5K07/210.11 mi6, Heald Street, Blackpool FY3 8BG2
£170K05/210.17 mi1, Ramsey Avenue, Blackpool FY3 7AH2
£170K05/210.17 mi1, Ramsey Avenue, Blackpool FY3 7AH2
£91K09/210.2 mi10, Brierley Avenue, Blackpool FY3 8HP2
£85K05/210.21 mi32, Broughton Avenue, Blackpool FY3 8EQ2
£109K11/200.22 mi17, Sussex Road, Blackpool FY3 8HW2
£75K12/200.22 mi19, Rathlyn Avenue, Blackpool FY3 8ED2
£85K12/220.24 mi3, Camden Road, Blackpool FY3 8HN2
£80.5K12/200.24 mi21, Larbreck Avenue, Blackpool FY3 8EF2
£64K02/230.24 mi19, Larbreck Avenue, Blackpool FY3 8EF2
£85K07/210.25 mi42, Drummond Avenue, Blackpool FY3 8EG2
£80K06/230.25 mi7, Drummond Avenue, Blackpool FY3 8EG2
£80K11/200.25 mi70, Drummond Avenue, Blackpool FY3 8EG2
£77.5K04/210.25 mi62, Drummond Avenue, Blackpool FY3 8EG2
£82.5K03/210.25 mi38, Drummond Avenue, Blackpool FY3 8EG2
£165K07/220.25 mi28, Camden Road, Blackpool FY3 8HN2
£83K03/210.26 mi31, Broughton Avenue, Blackpool FY3 8EQ2
£84.5K03/210.26 mi5, Broughton Avenue, Blackpool FY3 8EQ2
£83K03/210.26 mi31, Broughton Avenue, Blackpool FY3 8EQ2
£83K03/210.26 mi31, Broughton Avenue, Blackpool FY3 8EQ2
£90K12/220.27 mi26, Broughton Avenue, Blackpool FY3 8EQ2
£75K04/230.27 mi29, Ascot Road, Blackpool FY3 8DG2
£65K04/210.3 mi2, Grenfell Avenue, Blackpool FY3 7BP2
£82.5K03/230.3 mi25, Grenfell Avenue, Blackpool FY3 7BP2
£60K06/210.31 mi17, Beresford Street, Blackpool FY1 3RF2
£83K12/220.34 mi9, Huntley Avenue, Blackpool FY3 7BU2
£130K02/230.34 mi6, Coveway Avenue, Blackpool FY3 8ET2
£86K12/200.34 mi6, Coveway Avenue, Blackpool FY3 8ET2
£90K04/210.34 mi33, Heathway Avenue, Blackpool FY3 8HE2
£91K06/210.34 mi30, Heathway Avenue, Blackpool FY3 8HE2
£77.5K11/200.36 mi66, Enfield Road, Blackpool FY1 2RB2
£97.5K02/210.36 mi12, Gisburn Grove, Blackpool FY3 7DA2
£64K11/200.36 mi81, Handsworth Road, Blackpool FY1 2QZ2
£96K05/230.36 mi23, Gorton Street, Blackpool FY1 3HP2
£60K04/210.36 mi6, Jackson Street, Blackpool FY3 7BZ2
£92K06/230.36 mi18, Jackson Street, Blackpool FY3 7BZ2
£60K04/210.36 mi6, Jackson Street, Blackpool FY3 7BZ2
£100K02/230.36 mi10, Bailey Court, Blackpool FY3 8EU2
£130K05/210.36 mi12, Bailey Court, Blackpool FY3 8EU2
£85.8K11/210.37 mi2, Gisburn Grove, Blackpool FY3 7DA2
£70K05/230.37 mi6, Gisburn Grove, Blackpool FY3 7DA2
£77K12/200.37 mi10, Leavesley Road, Blackpool FY1 2QP2

Local Rents

50 rents from £550/mo to £1.4K/mo, average is £675/mo.

RentDateDistanceAddressBeds 
£65004/240 miLaburnum Street, Blackpool, Blackpool2
£60005/240.01 mi-2
£60003/250.01 mi-2
£67504/240.01 miCypress Grove, Blackpool, FY3 8RR2
£62503/250.08 mi-2
£67504/240.09 miChester Road, Blackpool, Lancashire, FY32
£57512/240.1 mi-2
£62504/240.1 miChester Road, Blackpool2
£62504/240.1 mi-2
£75012/240.11 mi-2
£80005/240.22 miRathlyn Avenue, Blackpool2
£69001/250.23 mi-2
£68004/250.24 mi-2
£65012/240.24 mi-2
£69502/240.25 mi-2
£66503/240.26 mi-2
£66505/240.26 mi-2
£67503/250.26 mi-2
£66504/240.26 miCoopers Way, Blackpool, FY12
£66504/240.26 miCoopers Way, Blackpool, FY12
£67504/240.28 mi-2
£1,35001/240.33 mi-2
£1,35001/250.33 mi-2
£63502/250.33 mi-2
£64005/240.34 mi-2
£65005/240.34 mi-2
£65004/240.36 miWilford Street, Blackpool2
£70012/240.37 mi-2
£62504/240.37 mi-2
£62504/240.39 mi-2
£99504/250.42 mi-2
£77502/250.42 mi-2
£77501/250.42 mi-2
£67504/240.43 mi-2
£69501/250.43 mi-2
£97504/240.43 miCourtfield Avenue, Blackpool, Lancashire, FY22
£65004/240.46 miClaremont Road, Blackpool2
£80004/250.46 mi-2
£65004/240.46 mi-2
£70004/250.46 mi-2
£65004/250.47 mi-2
£77505/240.48 miWhitley Avenue, Blackpool, Lancashire, FY32
£80012/240.48 mi-2
£80003/250.48 mi-2
£80006/240.48 mi-2
£80005/240.48 miNewton Drive, Blackpool, FY32
£67504/240.48 miMelrose Avenue, Blackpool, Lancashire, FY32
£55003/250.5 mi-2
£70002/250.5 mi-2
£57505/240.5 miDanesbury Place, BLACKPOOL, FY1 3LX2

Local Area Statistics

Population in FY3

31,569

Population in Blackpool

133,713

Town centre distance

1.23 miles away

Nearest school

0.20 miles away

Nearest train station

0.59 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+2%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Listed for £75,000

February 20, 2025

Description

  • 2 Bedrooms +
  • Entrance Hall +
  • Lounge +
  • Kitchen +
  • Bathroom +
  • External +
  • Agents Notes +

For sale is a well-maintained terraced house, perfectly suited for first-time buyers or investors. This property is in good condition, offering two cosy bedrooms, one modern bathroom, a well-equipped kitchen, and a comfortable reception room. It's conveniently located near excellent public transport links, local amenities, and numerous schools, ensuring a lifestyle of convenience and ease. This property represents an incredible opportunity to acquire a home or investment in a sought-after location. Don't miss this chance. Make your move today. EPC- D .

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.

BLA240568/2

Agent Details

Reeds Rains, Blackpool - Highfield Road

01253 835027

Next Steps?

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