3 Bed Terraced House, Single Let, Blackpool, FY4 4NJ, £110,000

24 Longway, Blackpool - 2 views - a month ago

BTL
ROI: 7%
57 m²
+9 photos

ValuationOvervalued

Sold Prices£53.5K - £245K
Sold Prices/m²£304/m² - £2.8K/m²

 

 

Square Metres

57 m²
Price/m²£1.9K/m²

Value Estimate

£79,445

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£27,500

Stamp Duty & Legal Fees

£6,700

Total Cash In

£34,200

 

 

Cash Out

 

Rent Range

£650 - £1,195

Rent Estimate

£699

Running Costs/mo

£504

Cashflow/mo

£195

Cashflow/yr

£2,345

ROI

7%

Gross Yield

8%

Local Sold Prices

50 sold prices from £53.5K to £245K, average is £125.5K. £304/m² to £2.8K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£165K03/230.04 mi62, Macauley Avenue, Blackpool FY4 4YF3
£145K02/230.07 mi22, Longway, Blackpool FY4 4NJ3
£145K12/230.07 mi17, East Side, Blackpool FY4 4YD3
£148K09/210.07 mi32, Scott Close, Blackpool FY4 4YA3
£142K03/210.1 mi63, Halton Gardens, Blackpool FY4 4XR3
£125K09/210.12 mi19, Stretton Avenue, Blackpool FY4 4AQ3
£138K03/230.12 mi14, Stretton Avenue, Blackpool FY4 4AQ3
£170K04/210.12 mi29, Daggers Hall Lane, Blackpool FY4 4AY3
£145K01/210.12 mi17, Daggers Hall Lane, Blackpool FY4 4AY3
£95K08/210.14 mi17, Burnside Avenue, Blackpool FY4 4AF3
£135K08/210.14 mi5, Bridge House Road, Blackpool FY4 4XX3
£162K06/230.15 mi11, Fairway Road, Blackpool FY4 4AZ3
£172K05/230.17 mi14, Halton Gardens, Blackpool FY4 4LZ3
£76.5K02/230.19 mi15, Terance Road, Blackpool FY4 4ER3
£140K03/230.23 mi49, Morley Road, Blackpool FY4 4EP3
£155K01/210.23 mi258, Vicarage Lane, Blackpool FY4 4ND3
£144.9K12/200.25 mi40, Meanwood Avenue, Blackpool FY4 4LX3
£120K08/210.25 mi156, Hawes Side Lane, Blackpool FY4 4AA3
£153K06/230.25 mi81, Meanwood Avenue, Blackpool FY4 4LU3
£90K12/230.26 mi305, Vicarage Lane, Blackpool FY4 4LR3
£62K02/210.27 mi23, Millington Avenue, Blackpool FY4 3HE3
£97K12/200.29 mi73, Ellesmere Road, Blackpool FY4 3DS3
£79K02/210.29 mi183, Watson Road, Blackpool FY4 3EN3
£110K08/210.3 mi270, Watson Road, Blackpool FY4 3EG3
£115K03/230.3 mi268, Watson Road, Blackpool FY4 3EG3
£80.5K09/210.3 mi21, Crossland Road, Blackpool FY4 4BD3
£53.5K12/200.3 mi37, Crossland Road, Blackpool FY4 4BD3
£125K03/230.3 mi18, Colwyn Avenue, Blackpool FY4 4ET3
£95K10/210.31 mi164, Harcourt Road, Blackpool FY4 3HN3
£90K08/210.31 mi146, Harcourt Road, Blackpool FY4 3HN3
£112K05/210.31 mi18, Dewhurst Avenue, Blackpool FY4 3EL3
£126K12/200.32 mi6, Annaside Close, Blackpool FY4 5AA3
£136K03/230.32 mi88, Vicarage Lane, Blackpool FY4 4EL3
£125K11/210.32 mi35, Colwyn Avenue, Blackpool FY4 4EU3
£145K01/210.34 mi46, Mooretree Drive, Blackpool FY4 4LL3
£190K09/230.34 mi15, Avondale Crescent, Blackpool FY4 5AS3
£221K02/210.34 mi7, Avondale Crescent, Blackpool FY4 5AS3
£110K05/230.36 mi59, Loftos Avenue, Blackpool FY4 3HA3
£106K11/200.36 mi7, Saxby Grove, Blackpool FY4 4LA3
£77.5K12/220.37 mi4, Hurstmere Avenue, Blackpool FY4 3EJ3
£229.9K03/230.38 mi4, Wanstead Crescent, Blackpool FY4 4AR3
£75K12/200.38 mi53, Powell Avenue, Blackpool FY4 3HQ3
£78K03/210.38 mi61, Powell Avenue, Blackpool FY4 3HQ3
£96K03/230.38 mi25, Sedbergh Avenue, Blackpool FY4 4DQ3
£160K11/230.39 mi21, Glencross Place, Blackpool FY4 5AD3
£85K10/230.39 mi43, Arnott Road, Blackpool FY4 4ED3
£132.5K03/230.39 mi60, Arnott Road, Blackpool FY4 4ED3
£80K03/210.39 mi47, Arnott Road, Blackpool FY4 4ED3
£245K02/210.4 mi159a, Cherry Tree Road, Blackpool FY4 4PQ3
£156K12/220.4 mi74, Penrose Avenue, Blackpool FY4 4JT3

Local Rents

30 rents from £650/mo to £1.2K/mo, average is £838/mo.

RentDateDistanceAddressBeds 
£90004/240.11 mi-3
£89512/240.22 mi-3
£97503/250.22 mi-3
£89505/240.22 miVicarage Lane, Blackpool, FY43
£87505/240.28 mi-3
£87503/250.28 mi-3
£69505/240.3 mi21 Crossland Road3
£70002/240.31 miHouseman Place, Blackpool, FY4 5AE3
£79504/240.33 miSt. Edmunds Road, Blackpool3
£75004/240.35 mi-3
£75004/240.35 miDewhurst Avenue, Blackpool, FY43
£70012/240.37 mi-3
£77505/240.38 miPowell Avenue, Blackpool, FY4 3HQ3
£65004/240.39 miSedburgh Avenue, Blackpool3
£77504/240.4 miMarsden Road, Blackpool3
£95011/240.42 mi-3
£75005/240.44 miHarcourt Road, Blackpool, FY4 3HW3
£85004/240.46 miSedbergh Avenue, Blackpool3
£90002/250.47 mi-3
£80004/240.48 miSouthbank Avenue, Blackpool, FY4 5BU3
£82503/250.5 mi-3
£80004/240.52 miPhillip Street, Blackpool, Lancashire, FY43
£75005/240.52 mi-3
£87504/240.55 miAskrigg Close, Blackpool, Lancashire, FY43
£1,19504/240.55 miFerndale Avenue, Blackpool, FY43
£1,10004/240.55 mi-3
£95003/250.56 mi-3
£87011/240.58 mi-3
£80012/230.6 mi-3
£95004/240.62 miHarris Avenue, FY1 6NJ3

Local Area Statistics

Population in FY4

43,982

Population in Blackpool

133,713

Town centre distance

1.58 miles away

Nearest school

0.20 miles away

Nearest train station

1 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+58%

Sales demand

Balanced market

Capital growth (5yrs)

+12%

Property History

Listed for £110,000

March 6, 2025

Floor Plans

Description

  • Ideal Investment Or First Time Buy +
  • 3 Bedroom Mid Terrace Property +
  • Popular Residential Location Within Close Proximity To Shops, Transport Links And Local Amenities +
  • Hallway, Lounge, Dining Room And Kitchen To The Ground Floor +
  • 3 Bedrooms, One Boasting Fitted Wardrobes And A 3 Piece Suite Bathroom To The First Floor +
  • Garage And Off Road Parking +
  • South Facing Garden +

Nestled in a popular residential location, this 3-bedroom mid-terraced house presents an ideal opportunity for both investment and first-time buyers alike. Boasting a convenient layout, the ground floor comprises a hallway, lounge, dining room, and a fitted kitchen. Ascending to the first floor, three bedrooms await, with one bedroom featuring fitted wardrobes, alongside a three-piece suite bathroom. Positioned within close proximity to shops, transport links, and local amenities, this property offers the perfect blend of comfort and convenience.

Stepping outside, a south-facing garden awaits, providing a tranquil outdoor space for relaxation and entertainment. Additionally, the property features a convenient parking space in front of the garage, ensuring ease of access and convenience for residents and visitors alike. Embrace the opportunity to make this inviting property your own and enjoy a lifestyle of comfort and ease in this desirable location.
EPC Rating: C

Agent Details

Stephen Tew Estate Agents, Blackpool

01256 961179

Next Steps?

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