2 Bed Flat, Single Let, Blackpool, FY3 7BD, £84,950

Stonemasons Court, 472-474 Talbot Road, Layton, FY3 7BD - 1 views - 2 months ago

Leasehold
BTL
ROI: 10%
~68 m²
+9 photos

ValuationUndervalued

Sold Prices£51K - £109K
Sold Prices/m²£606/m² - £2.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.2K/m²

Value Estimate

£95,378
BMV12%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£21,238

Stamp Duty & Legal Fees

£5,448

Total Cash In

£26,685

 

 

Cash Out

 

Rent Range

£575 - £1,350

Rent Estimate

£625

Running Costs/mo

£410

Cashflow/mo

£215

Cashflow/yr

£2,574

ROI

10%

Gross Yield

9%

Local Sold Prices

20 sold prices from £51K to £109K, average is £81.5K. £606/m² to £2.1K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£51K11/200.38 mi102, Spencer Court, Blackpool FY1 3TP2
£63.5K05/210.42 mi162 - 164, Caunce Street, Blackpool FY1 3NJ2
£83K03/230.44 mi11, Hampstead Mews, Blackpool FY1 2SG2
£77K10/220.46 miFlat 6, Dutton Court, Dutton Road, Blackpool FY3 8DH2
£60K08/220.5 mi88, Gorton Street, Blackpool FY1 3HP2
£65K04/210.62 miFlat 39, Grizedale Court, Forest Gate, Blackpool FY3 9AP2
£59K05/230.74 mi12a, Northfield Avenue, Blackpool FY1 2ND2
£80K02/210.82 miFlat 4, Vine Court, Gosforth Road, Blackpool FY2 9UL2
£92K01/230.83 miFlat 5, Argyll Court, Argyll Road, Blackpool FY2 9UF2
£83.5K03/210.83 mi45, Greenbriar Close, Blackpool FY3 7SA2
£107.5K05/210.85 mi49, Topping Street, Blackpool FY1 3AF2
£109K01/230.85 miFlat 16, Warbreck Court, Warbreck Hill Road, Blackpool FY2 9SR2
£94K07/230.85 miFlat 4, Warbreck Court, Warbreck Hill Road, Blackpool FY2 9SR2
£91.5K07/210.85 miFlat 1, Warbreck Court, Warbreck Hill Road, Blackpool FY2 9SR2
£97K03/230.85 miFlat 14, Warbreck Court, Warbreck Hill Road, Blackpool FY2 9SR2
£52K04/210.86 mi97, Normoss Avenue, Blackpool FY3 7PX2
£95K06/230.96 mi10, Teal Court, Blackpool FY3 8FT2
£91K02/230.96 mi12, Teal Court, Blackpool FY3 8FT2
£72K08/220.98 mi3, Bowood Court, Blackpool, Lancashire FY3 7SD2
£66K01/210.99 mi2, Bowood Court, Blackpool, Lancashire FY3 7SD2

Local Rents

50 rents from £575/mo to £1.4K/mo, average is £675/mo.

RentDateDistanceAddressBeds 
£69001/250.11 mi-2
£68004/250.11 mi-2
£67504/240.14 miCypress Grove, Blackpool, FY3 8RR2
£65004/240.14 miLaburnum Street, Blackpool, Blackpool2
£60005/240.14 mi-2
£60003/250.14 mi-2
£80005/240.15 miRathlyn Avenue, Blackpool2
£67504/240.18 mi-2
£64005/240.2 mi-2
£65005/240.2 mi-2
£65004/240.21 miWilford Street, Blackpool2
£65012/240.22 mi-2
£62503/250.23 mi-2
£62504/240.23 mi-2
£67504/240.24 miChester Road, Blackpool, Lancashire, FY32
£57512/240.24 mi-2
£62504/240.24 miChester Road, Blackpool2
£62504/240.25 mi-2
£75012/240.25 mi-2
£69502/240.31 mi-2
£66503/240.32 mi-2
£66505/240.32 mi-2
£67503/250.32 mi-2
£66504/240.32 miCoopers Way, Blackpool, FY12
£66504/240.32 miCoopers Way, Blackpool, FY12
£67504/240.34 miMelrose Avenue, Blackpool, Lancashire, FY32
£97504/240.39 miCourtfield Avenue, Blackpool, Lancashire, FY22
£63502/250.44 mi-2
£1,35001/240.44 mi-2
£1,35001/250.44 mi-2
£70012/240.48 mi-2
£89504/240.48 miRaymond Avenue, Blackpool, Lancashire, FY22
£65004/240.48 miClaremont Road, Blackpool2
£69501/250.49 mi-2
£80004/250.49 mi-2
£62504/240.5 mi-2
£75005/240.51 mi-2
£77502/250.51 mi-2
£75004/240.51 miNewton Drive, Blackpool, FY32
£77501/250.53 mi-2
£80012/240.55 mi-2
£80003/250.55 mi-2
£80006/240.55 mi-2
£80005/240.55 miNewton Drive, Blackpool, FY32
£99504/250.56 mi-2
£77502/250.56 mi-2
£67504/240.56 mi-2
£75003/250.57 mi-2
£77505/240.57 miWhitley Avenue, Blackpool, Lancashire, FY32
£65004/240.59 mi-2

Local Area Statistics

Population in FY3

31,569

Population in Blackpool

133,713

Town centre distance

1.19 miles away

Nearest school

0.30 miles away

Nearest train station

0.58 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+2%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Price changed to £84,950

March 24, 2025

Listed for £87,000

February 27, 2025

Floor Plans

Description

NO ONWARD CHAIN Beautifully presented and spacious two bedroom ground floor apartment for sale in Stonemasons Court, Layton. The property features a modern kitchen and bathroom, two spacious double bedrooms and one allocated parking space. Briefly comprising: Entrance hallway, lounge/diner, kitchen, two bedrooms, bathroom and one allocated parking space to the rear. The property is conveniently located for Blackpool town centre, all transport links and is only three quarters of a mile from the local hospital.

HALLWAY
Storage heater and utility cupboard.

LOUNGE/DINER
18`1` x 11`8` (5.54m x 3.61m)
UPVC double glazed window to the front aspect, walk in storage cupboard and storage heater.

KITCHEN
10`6` x 5`9` (3.24m x 1.80m)
Modern fitted kitchen with a range of wall and base units and complementary work surfaces, one and half bowl stainless steel sink and drainer with mixer tap, tiled splash backs, electric oven, four ring induction hob with extractor over, plumbed for washing machine and space for fridge freezer.

BEDROOM ONE
14`2` x 10`4` (4.34m x 3.17m)
UPVC double glazed window to the front aspect and storage heater, fitted wardrobes.

BEDROOM TWO
10`7` x 10`3`(3.29m x 3.14m)
UPVC double glazed window to the front aspect and storage heater.

BATHROOM
Modern fitted bathroom suite briefly comprising: Panelled bath with shower over, pedestal wash hand basin, low flush w.c and part tiled walls

REAR
One allocated parking space and visitor parking.

TENURE
We have been informed that the property is Leasehold £153 per month this includes ground rent and building insurance with 80 years remaining on the lease prospective purchasers should seek clarification of this from their solicitors.

VIEWINGS
Viewings are strictly by appointment through the agents office.

All measurements are approximate and for illustrative purposes only. Digital images are reproduced for general information only and must not be inferred that any item shown is included for sale with the property. We have been unable to confirm if services / items in the property are in full working order. The property is offered for sale on this basis. Prospective purchasers are advised to seek expert advice where appropriate.

Agent Details

The Square Room, Fylde Coast

01253 835668

Next Steps?

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