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





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 |
BMV | 12% |
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.
Local Rents
50 rents from £575/mo to £1.4K/mo, average is £675/mo.
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
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