2 Bed Terraced House, Planning Permission, Blackpool, FY1 6DA, £80,000

Adrian Street, Blackpool, FY1 6DA - 2 months ago

Under Offer
Planning
ROI: 7%
~68 m²
+9 photos

ValuationOvervalued

Sold Prices£50K - £148K
Sold Prices/m²£604/m² - £2.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.2K/m²

Value Estimate

£62,501

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£20,000

Stamp Duty & Legal Fees

£3,600

Total Cash In

£23,600

 

 

Cash Out

 

Rent Range

£450 - £1,733

Rent Estimate

£500

Running Costs/mo

£370

Cashflow/mo

£130

Cashflow/yr

£1,560

ROI

7%

Gross Yield

8%

Local Sold Prices

50 sold prices from £50K to £148K, average is £84K. £604/m² to £2.1K/m², average is £918/m².

PriceDateDistanceAddressBeds 
£68K08/230.09 mi28, Bagot Street, Blackpool FY1 6EZ2
£73K04/210.09 mi63, Alexandra Road, Blackpool FY1 6HW2
£60K01/210.18 mi4, Amberbanks Grove, Blackpool FY1 6DW2
£72K05/230.18 mi8, Amberbanks Grove, Blackpool FY1 6DW2
£58K07/210.19 mi13, Gordon Street, Blackpool FY4 1AJ2
£73.5K01/210.24 mi9, Moon Avenue, Blackpool FY1 6EH2
£76K12/200.25 mi28, Seymour Road, Blackpool FY1 6JH2
£120K04/220.31 mi72a, Saville Road, Blackpool FY1 6JT2
£64K03/210.37 mi21, Henry Street, Blackpool FY1 5JG2
£75K10/210.37 mi26, Gladstone Street, Blackpool FY4 2AL2
£142K03/230.42 mi10, Lunedale Avenue, Blackpool FY1 6LL2
£120K07/210.48 mi89, Dunelt Road, Blackpool FY1 6LT2
£124K08/210.5 mi13, Harlech Avenue, Blackpool FY1 6ND2
£60K12/200.52 mi1, Truro Street, Blackpool FY4 3BJ2
£128K07/210.52 mi26, Westfield Road, Blackpool FY1 6NY2
£73.4K02/210.54 mi51, Aintree Road, Blackpool FY4 3BD2
£95K02/210.55 mi26, Thames Road, Blackpool FY4 1ED2
£72.5K12/220.58 mi1, Frederick Street, Blackpool FY4 3BQ2
£54K12/200.62 mi5, Revoe Street, Blackpool FY1 5HN2
£83K11/210.63 mi5, Houghton Avenue, Blackpool FY4 3BU2
£97K09/210.63 mi26, Starbeck Avenue, Blackpool FY4 3BA2
£114K06/210.65 mi12, Harcourt Road, Blackpool FY4 3ET2
£94K08/210.66 mi6, Edwell Avenue, Blackpool FY4 3BX2
£141.5K01/230.67 mi57, Chislehurst Avenue, Blackpool FY4 3AS2
£71K06/210.69 mi30a, Kent Road, Blackpool FY1 5HB2
£90K01/210.7 mi76, Cunliffe Road, Blackpool FY1 6RY2
£90K10/210.7 mi27, Beardshaw Avenue, Blackpool FY1 6QA2
£85K04/230.71 mi23, Rangeway Avenue, Blackpool FY4 2DJ2
£67.5K06/230.72 mi31, Montrose Avenue, Blackpool FY1 4AS2
£65K05/230.72 mi52, Ashton Road, Blackpool FY1 4AQ2
£115K11/200.73 mi12, Marton Drive, Blackpool FY4 3DQ2
£63.5K11/200.73 mi73, Ashton Road, Blackpool FY1 4AG2
£88K08/210.73 mi68, Lune Grove, Blackpool FY1 5PH2
£71K09/210.73 mi2, Swindon Avenue, Blackpool FY4 3DX2
£119.3K01/230.74 mi23, Marton Drive, Blackpool FY4 3DF2
£122.5K06/230.74 mi15, Marton Drive, Blackpool FY4 3DF2
£135K03/230.74 mi17, Stoke Avenue, Blackpool FY1 6QB2
£50K08/230.75 mi66, Sharow Grove, Blackpool FY1 5ND2
£100K03/230.76 mi81, Hemingway, Blackpool FY4 3DR2
£105K03/230.76 mi10, Mirfield Grove, Blackpool FY4 3DN2
£51K12/200.76 mi19, Freckleton Street, Blackpool FY1 4AW2
£74K05/230.77 mi128, Harcourt Road, Blackpool FY4 3HW2
£62.5K12/200.78 mi19, Jameson Street, Blackpool FY1 4AJ2
£70K06/210.78 mi107, Hemingway, Blackpool FY4 3DR2
£90K04/230.78 mi92, Hemingway, Blackpool FY4 3DR2
£115K01/230.78 mi116, Hemingway, Blackpool FY4 3DR2
£88K06/210.79 mi30, Ellesmere Road, Blackpool FY4 3DH2
£82.5K10/200.79 mi32, Ellesmere Road, Blackpool FY4 3DH2
£148K04/230.79 mi32, Ellesmere Road, Blackpool FY4 3DH2
£94K01/230.8 mi91, Cunliffe Road, Blackpool FY1 6RX2

Local Rents

46 rents from £450/mo to £1.7K/mo, average is £650/mo.

RentDateDistanceAddressBeds 
£55004/240.08 miBall Street, Blackpool2
£65004/240.09 miBagot Street, Blackpool, Lancashire, FY16EZ2
£70003/250.09 mi-2
£85005/240.11 mi-2
£82503/250.11 mi-2
£85005/240.11 miClare Street, Blackpool, FY12
£60004/240.11 miBall Street, Blackpool, Lancashire, FY12
£87504/250.12 mi-2
£68004/240.12 miLytham Road, Blackpool2
£72004/240.12 miLytham Road, Blackpool2
£62505/240.14 miWaterloo Road, Blackpool2
£69504/240.18 miAmberbanks Grove, Blackpool2
£1,51704/250.18 mi-2
£52504/240.21 miClarence Court, Rawcliffe Street, Blackpool, FY4 1DJ2
£52505/240.21 miClarence Court, Rawcliffe Street, Blackpool, FY4 1DJ2
£70004/240.24 miMoon Avenue, Blackpool, FY1 6EH2
£62504/240.25 miSt Heliers Road, Blackpool2
£65001/250.26 mi-2
£65004/250.26 mi-2
£80012/240.26 mi-2
£60005/240.26 miSt. Heliers Road, Blackpool, FY1 6JE2
£65003/250.28 mi-2
£1,25004/240.28 mi-2
£62504/240.3 miDean Street, Blackpool, Lancashire, FY42
£60010/230.32 miLonsdale Road, Blackpool2
£1,73311/240.35 mi-2
£69003/250.35 mi-2
£62504/240.36 miStation Road, Blackpool2
£62504/240.36 miStation Road, Blackpool2
£65005/240.39 miCentral Drive, Blackpool2
£70005/240.39 miCentral Drive, Blackpool2
£50012/240.43 mi-2
£65004/240.45 miSt. Annes Road, Blackpool, Lancashire, FY42
£45004/240.46 miOsborne Road, Blackpool2
£45005/240.46 miOsborne Road, Blackpool2
£65002/250.46 mi-2
£63005/240.46 miHAMPTON ROAD, BLACKPOOL, Blackpool2
£1,73311/240.49 mi-2
£1,73311/240.49 mi-2
£1,73302/250.49 mi-2
£1,73304/250.49 mi-2
£67504/240.52 miTruro Street, Blackpool, Lancashire, FY42
£70004/240.58 miFrederick Street, Blackpool2
£67004/240.6 miGrasmere Road, Blackpool2
£59505/240.61 mi-2
£59504/240.61 miHarcourt Road, Blackpool, FY42

Local Area Statistics

Population in FY1

33,505

Population in Blackpool

133,713

Town centre distance

2.05 miles away

Nearest school

0.20 miles away

Nearest train station

0.23 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+26%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £80,000

February 24, 2025

Floor Plans

Description

  • A 2 Bedroom Mid Terrace House With Loft Space +
  • Double Glazed And Gas Central Heated +
  • Two Reception Rooms +
  • Three Piece Bathroom Suite +
  • Courtyard To The Rear +
  • Close To Local Shops & Promenade +
  • Ideal Investment Opportunity +
  • Council Tax Band - A +
  • EPC Rating - Pending +

INTRODUCTION This 2 bedroom mid terrace property, complete with a loft space, is located in the vibrant heart of South Shore, Blackpool. The property is ideally situated within walking distance to a variety of local shops, bus routes, and just a short distance from the world famous Blackpool Promenade, making it an excellent location for both tenants and visitors alike.

With a projected rental income of approximately £675 per month, this property offers a strong potential yield of 10%, making it an attractive investment opportunity for savvy investors.

Ground Floor:
Two spacious living rooms providing ample space for relaxation or dining.
A well equipped kitchen with convenient access to the rear courtyard, offering outdoor space for further potential.

First Floor:
Two generously sized bedrooms, perfect for tenants or small families.
Family bathroom with essential modern fixtures.

Loft Conversion:
Additional boarded out loft space accessible via the master bedroom, offering versatile use options, such as extra storage, office space, or potential for further development (subject to planning permissions).

Whether you're an experienced investor or just starting your portfolio, this property presents a fantastic opportunity with great rental potential and a prime location. Call now for more information and to arrange a viewing.

Agent Details

Tiger Sales & Lettings, Blackpool

01253 835609

Next Steps?

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