4 Bed Detached House, Refurb/BRRR, Blackpool, FY3 7LB, £385,000

Poulton Old Road, Blackpool, FY3 7LB - 2 views - a month ago

Refurb/BRRR
~129 m²
+19 photos

ValuationOvervalued

Sold Prices£110K - £475K
Sold Prices/m²£1K/m² - £3.2K/m²

 

 

Square Metres

~129.26 m²
Price/m²£3K/m²

Value Estimate

£223,605

 

 

End Value (After Refurb)

£209,118

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£96,250

Stamp Duty & Legal Fees

£23,100

Refurb Costs

£52,800

Bridging Loan Interest

£10,106

Total Cash In

£184,006

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£209,118

Mortgage (After Refinance)

£156,839

Mortgage LTV

75%

Cash Left In

£184,006

Equity

£52,280

Rent Range

£725 - £1,150

Rent Estimate

£912

Running Costs/mo

£856

Cashflow/mo

£56

Cashflow/yr

£673

ROI

0%

Gross Yield

3%

Local Sold Prices

50 sold prices from £110K to £475K, average is £228.5K. £1K/m² to £3.2K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£193K04/210.08 mi51, Greenbriar Close, Blackpool FY3 7SA4
£207K12/200.23 mi506, Blackpool Old Road, Blackpool FY3 7LW4
£110K11/210.32 mi62, Pilling Crescent, Blackpool FY3 7TT4
£325K11/220.34 mi379, Blackpool Old Road, Blackpool, Lancashire FY3 7LX4
£162K08/230.35 mi395, Blackpool Old Road, Blackpool, Lancashire FY3 7LX4
£150K07/210.41 mi10, Chelsea Avenue, Blackpool FY2 0SU4
£181K07/230.42 mi6, Highbury Avenue, Blackpool FY3 7DL4
£138K04/210.47 mi8, Armadale Road, Blackpool FY2 0SW4
£266K12/200.5 mi165, Bispham Road, Blackpool FY2 0NN4
£175K02/210.54 mi14, Cotswold Road, Blackpool FY2 0UH4
£245K07/230.55 mi265, Warbreck Hill Road, Blackpool FY2 0SP4
£173K12/210.55 mi31, Salmesbury Avenue, Blackpool FY2 0PN4
£152K03/210.57 mi8, Hayfield Avenue, Blackpool FY2 0NJ4
£289.9K02/210.58 mi15, The Rowans, Poulton-le-fylde, Lancashire FY6 7UW4
£310K01/230.58 mi1, The Rowans, Poulton-le-fylde, Lancashire FY6 7UW4
£170K03/210.62 mi5, Hurstwood Drive, Blackpool FY2 0WU4
£135K11/220.63 mi9, Newton Place, Blackpool, Lancashire FY3 7PT4
£215K01/210.64 mi2, Regency Gardens, Blackpool FY2 0WX4
£205K12/200.64 mi23, Regency Gardens, Blackpool FY2 0WX4
£185K03/210.64 mi21, Regency Gardens, Blackpool FY2 0WX4
£224.9K05/210.64 mi12, Regency Gardens, Blackpool FY2 0WX4
£318K08/220.64 mi15, Regency Gardens, Blackpool FY2 0WX4
£215K10/220.66 mi26, Normoss Avenue, Blackpool, Lancashire FY3 7PY4
£360K11/220.66 mi7, Kingfisher Drive, Poulton-le-fylde, Lancashire FY6 7UG4
£235K11/200.66 mi48, Coriander Close, Blackpool FY2 0WE4
£220K04/210.66 mi65, Bexley Avenue, Blackpool FY2 0TE4
£240K02/210.69 mi6, Bracken Way, Blackpool FY2 0WQ4
£299K05/210.71 mi319, Blackpool Old Road, Poulton-le-fylde, Lancashire FY6 7QZ4
£225K08/230.71 mi303, Blackpool Old Road, Poulton-le-fylde, Lancashire FY6 7QZ4
£276K03/210.74 mi3, Waterside, Blackpool FY2 0WT4
£276K04/210.74 mi292, Newton Drive, Blackpool FY3 8PZ4
£475K06/220.74 mi290, Newton Drive, Blackpool FY3 8PZ4
£361.3K01/230.77 mi10, Dovestone Drive, Poulton-le-fylde, Lancashire FY6 7FT4
£247.9K06/210.77 mi4, Thyme Close, Blackpool FY2 0WD4
£317K11/220.78 mi25, Tarragon Drive, Blackpool FY2 0WJ4
£143K01/210.79 mi281, Talbot Road, Blackpool FY3 7AZ4
£171K05/210.79 mi31, Dobson Road, Blackpool, Lancashire FY3 7SH4
£245K10/200.8 mi52, Tarragon Drive, Blackpool FY2 0WN4
£295K05/210.82 mi10, Quenby Corner, Poulton-le-fylde, Lancashire FY6 7FR4
£299.9K07/230.82 mi1, Quenby Corner, Poulton-le-fylde, Lancashire FY6 7FR4
£400K03/210.82 mi182, Bispham Road, Blackpool FY2 0LA4
£195K08/210.84 mi30, Lawnswood Avenue, Poulton-le-fylde, Lancashire FY6 7ED4
£217.9K08/210.86 mi173, Warbreck Hill Road, Blackpool FY2 9UP4
£320K09/210.87 mi11, Kinder Corner, Poulton-le-fylde, Lancashire FY6 7FQ4
£195K07/210.87 mi4, Kinder Corner, Poulton-le-fylde, Lancashire FY6 7FQ4
£210K10/200.87 mi39, Holly Road, Blackpool FY1 2SF4
£276K12/220.87 mi5, Tarragon Drive, Blackpool FY2 0WH4
£285K09/210.88 mi12, Fennel Close, Blackpool FY2 0WA4
£232K08/220.88 mi8, Fennel Close, Blackpool FY2 0WA4
£270K02/210.88 mi10, Adlington Avenue, Poulton-le-fylde, Lancashire FY6 7FN4

Local Rents

33 rents from £725/mo to £1.1K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£82504/240.1 miCarleton Avenue, Blackpool3
£95004/240.13 mi-3
£95005/240.13 mi-3
£95004/240.13 miWades Court, Blackpool, FY33
£90002/250.18 mi-3
£79504/240.18 miArgosy Avenue, Blackpool, Lancashire, FY33
£72502/240.25 mi-3
£1,05012/240.27 mi-3
£1,05003/250.27 mi-3
£82505/240.28 mi-3
£82504/240.28 miMeyler Avenue, Blackpool, FY33
£95008/230.3 mi-3
£95002/240.37 mi-3
£97501/250.37 mi-3
£87510/230.37 mi-3
£89906/240.38 mi-3
£99905/240.38 miRuncorn Avenue, Blackpool, FY23
£1,00012/240.39 mi-3
£75004/240.41 miRuncorn Avenue,Blackpool,FY23
£1,00002/250.43 mi-3
£1,10003/250.43 mi-3
£1,09903/250.45 mi-3
£1,09903/250.45 mi-3
£95002/250.46 mi-3
£80003/250.47 mi-3
£77504/240.48 miSalmesbury Avenue, Blackpool3
£72504/240.49 mi-3
£77510/230.57 miEdmonton Place, Blackpool, Lancashire, FY23
£75004/240.57 miEdmonton Place, Blackpool, Lancashire, FY23
£1,15003/250.58 mi-3
£1,10004/240.58 miThe Rowans, Poulton-Le-Fylde, Lancashire, FY63
£82512/240.58 miThe Rowans, Poulton-Le-Fylde, Lancashire, FY63
£90006/240.6 miMexford Avenue, Blackpool3

Local Area Statistics

Population in FY3

31,569

Population in Blackpool

133,713

Town centre distance

1.37 miles away

Nearest school

0.20 miles away

Nearest train station

0.34 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+2%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Price changed to £385,000

March 28, 2025

Price changed to £400,000

March 16, 2025

Listed for £430,000

February 25, 2025

Floor Plans

Description

  • GREAT SIZE REAR GARDEN +
  • Separate Lounge. +
  • Great Location Close To Amenities +
  • FOUR Bedrooms PLUS LOFT Room +
  • STUNNING Open Plan Kitchen/Dining And Family Room +
  • Family Shower Room PLUS Ground Floor Washroom, +
  • FOUR Bedroom, Renovated And Reconfigured Detached Family Home +

RENOVATED & EXTENDED Extremely Spacious & Versatile FOUR Bedroom, Detached Family Home With Loft Room & Self Contained Detached Annexe In The Garden! Situated In A Great Location, A Short Distance From Amenities To Include Shops, Choice Of Education Establishments With Excellent Road & Public Transport Links Nearby For Those Wishing To Travel To Poulton, Bispham, Blackpool & Beyond - INTERNAL VIEWING ESSENTIAL

This One Of A Kind Family Home, Boasts A STUNNING Renovation & Reconfiguration Under The Present Owners Creating An Extremely Spacious Internal Footprint  & Family Living Accommodation. Works Include, But Are Not Limited To: 

* Part Re-Wire 2021 During Reconfiguration To The Ground Floor To Maximise Space

* New Kitchen Oct 2021

* Loft Room

* External Rendering To The Front & Rear

* New Windows & Doors 2021

* Self Contained Annexe

* Rear Garden Benefits From NEW Fenced Boundaries

To Secure Your Viewing Contact Thornton On Today!

EPC: E

Council Tax: D

Internal Living Space: 131sqm

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

Agent Details

Unique Estate Agency Ltd, Thornton Cleveleys

01253 835787

Next Steps?

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