2 Bed Flat, Single Let, Blackpool, FY1 4QH, £95,000

Hornby Road, Blackpool, Lancashire, FY1 4QH - 3 views - a month ago

Leasehold
BTL
ROI: 4%
~68 m²
+2 photos

ValuationOvervalued

Sold Prices£45K - £150K
Sold Prices/m²£606/m² - £2.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.4K/m²

Value Estimate

£84,723

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£23,750

Stamp Duty & Legal Fees

£5,950

Total Cash In

£29,700

 

 

Cash Out

 

Rent Range

£433 - £995

Rent Estimate

£511

Running Costs/mo

£419

Cashflow/mo

£92

Cashflow/yr

£1,103

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £45K to £150K, average is £75K. £606/m² to £2.1K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£107.5K05/210.39 mi49, Topping Street, Blackpool FY1 3AF2
£65K11/210.46 miFlat 8, The Maltings, Yorkshire Street, Blackpool FY1 5BF2
£78K03/210.47 mi9, Somerset Court, Blackpool FY1 5QQ2
£63.5K05/210.54 mi162 - 164, Caunce Street, Blackpool FY1 3NJ2
£55K03/210.55 mi55a, Grasmere Road, Blackpool FY1 5HP2
£50K07/210.55 mi59f, Grasmere Road, Blackpool FY1 5HP2
£58K02/210.55 mi53f, Grasmere Road, Blackpool FY1 5HP2
£77K10/220.55 miFlat 6, Dutton Court, Dutton Road, Blackpool FY3 8DH2
£65K04/210.56 miFlat 39, Grizedale Court, Forest Gate, Blackpool FY3 9AP2
£58K05/210.56 mi26, Condor Grove, Blackpool FY1 5LT2
£60K08/220.58 mi88, Gorton Street, Blackpool FY1 3HP2
£52.5K03/230.63 mi22, Condor Grove, Blackpool FY1 5JU2
£87K01/230.73 miFlat C, 189, Bloomfield Road, Blackpool FY1 6QH2
£51K11/200.85 mi102, Spencer Court, Blackpool FY1 3TP2
£83K03/230.96 mi11, Hampstead Mews, Blackpool FY1 2SG2
£70K01/210.98 mi129, St Heliers Road, Blackpool FY1 6JD2
£78K12/221.04 mi2f, South Lawn, Blackpool FY4 4BN2
£55K07/231.04 mi1c, South Lawn, Blackpool FY4 4BN2
£45K03/211.04 mi1d, South Lawn, Blackpool FY4 4BN2
£80K07/221.04 mi21, Eccleston Road, Blackpool FY1 6AU2
£90K04/231.05 mi36, Lomond Avenue, Blackpool FY3 9QL2
£49.5K11/201.05 mi408f, Waterloo Road, Blackpool FY4 4BL2
£58K04/231.05 mi408c, Waterloo Road, Blackpool FY4 4BL2
£59K05/231.15 mi12a, Northfield Avenue, Blackpool FY1 2ND2
£150K10/201.24 mi176, Preston Old Road, Blackpool FY3 9QY2
£62K02/211.34 miFlat 7, Claughton Mansions, Harcourt Road, Blackpool FY4 3ES2
£109K01/231.35 miFlat 16, Warbreck Court, Warbreck Hill Road, Blackpool FY2 9SR2
£94K07/231.35 miFlat 4, Warbreck Court, Warbreck Hill Road, Blackpool FY2 9SR2
£91.5K07/211.35 miFlat 1, Warbreck Court, Warbreck Hill Road, Blackpool FY2 9SR2
£97K03/231.35 miFlat 14, Warbreck Court, Warbreck Hill Road, Blackpool FY2 9SR2
£92K01/231.43 miFlat 5, Argyll Court, Argyll Road, Blackpool FY2 9UF2
£80K02/211.44 miFlat 4, Vine Court, Gosforth Road, Blackpool FY2 9UL2
£70K10/221.47 mi116, Boston Way, Blackpool FY4 4YB2
£49K02/211.5 mi91, Boston Way, Blackpool FY4 4YQ2
£95K06/231.54 mi10, Teal Court, Blackpool FY3 8FT2
£91K02/231.54 mi12, Teal Court, Blackpool FY3 8FT2
£107K10/221.58 miFlat 11, Carrick Mews, Kingsley Road, Blackpool FY3 9US2
£120K10/221.6 mi8, Camborne Court, Blackpool FY3 9NS2
£52K04/211.61 mi97, Normoss Avenue, Blackpool FY3 7PX2
£72K08/221.74 mi3, Bowood Court, Blackpool, Lancashire FY3 7SD2
£66K01/211.74 mi2, Bowood Court, Blackpool, Lancashire FY3 7SD2
£83.5K03/211.78 mi45, Greenbriar Close, Blackpool FY3 7SA2
£59K05/211.83 mi29a, Burlington Road, Blackpool FY4 1JS2
£73K05/231.91 miFlat 3, Lowther Court, Queens Promenade, Bispham, Blackpool FY2 9NY2
£100K06/231.94 mi2, Park View Court, Blackpool FY4 2RD2
£114K08/231.94 mi10, Park View Court, Blackpool FY4 2RD2
£95K01/231.94 miFlat 16, Queens Court, Queens Promenade, Bispham, Blackpool FY2 9PG2
£80K10/201.94 miFlat 6, Queens Court, Queens Promenade, Blackpool FY2 9PG2
£72.5K10/201.94 miFlat 25, Queens Court, Queens Promenade, Bispham, Blackpool FY2 9PG2
£130K06/231.94 miFlat 12, Queens Court, Queens Promenade, Bispham, Blackpool FY2 9PG2

Local Rents

52 rents from £433/mo to £995/mo, average is £663/mo.

RentDateDistanceAddressBeds 
£64903/250.02 mi-2
£68512/240.08 mi-2
£80012/240.11 mi-2
£52005/240.14 mi-2
£52005/240.14 mi-2
£70004/240.15 miBack Palatine Road, Blackpool, FY1 4DA2
£52001/250.17 mi-2
£65004/240.2 mi-2
£67502/250.2 mi-2
£65004/250.2 mi-2
£62004/240.22 miAdelaide Street, Blackpool2
£67504/240.23 miAnderson Street, Blackpool, FY12
£60003/250.23 mi-2
£72504/240.26 miReads Avenue, Blackpool, Lancashire, FY12
£60004/240.26 miFlat B,164 Reads Avenue, Blackpool, Lancashire, FY12
£75004/240.27 miHornby Road, Blackpool2
£59502/250.28 mi-2
£62504/240.29 miAshton Road, Blackpool2
£55005/240.32 miPortland Road, Blackpool2
£90004/240.32 miAshton Road,Blackpool,FY12
£56304/240.32 miPortland Road, Blackpool, FY1 4EF2
£45004/240.32 miFlat 5, Central Drive, Blackpool, FY1 5JN2
£70002/250.33 mi-2
£57505/240.33 miDanesbury Place, BLACKPOOL, FY1 3LX2
£55003/250.35 mi-2
£70004/240.37 miWestmorland Avenue, Blackpool2
£70004/250.37 mi-2
£65004/240.37 mi-2
£62503/250.37 mi-2
£75004/240.39 miCoop Street, Blackpool, FY1 5AJ2
£85012/240.4 mi-2
£85004/250.4 mi-2
£43304/240.4 mi-2
£67504/240.4 mi-2
£65004/240.41 miCheapside, Blackpool2
£65005/240.41 miCheapside, Blackpool2
£77502/250.43 mi-2
£99503/250.43 mi-2
£85003/250.43 mi-2
£85002/240.44 mi-2
£80004/240.44 mi-2
£80012/240.44 mi-2
£80001/250.44 mi-2
£85003/250.44 mi-2
£60004/240.45 mi-2
£55005/240.45 mi-2
£55005/240.45 mi-2
£77505/240.46 miWhitley Avenue, Blackpool, Lancashire, FY32
£99504/240.47 mi-2
£79512/240.47 mi-2
£60004/240.47 mi-2
£52504/240.47 mi-2

Local Area Statistics

Population in FY1

33,505

Population in Blackpool

133,713

Town centre distance

1.43 miles away

Nearest school

0.20 miles away

Nearest train station

0.52 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+26%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £95,000

March 13, 2025

Description

  • 2nd FLOOR FLAT +
  • 2 DOUBLE BEDROOMS +
  • COMMUNAL GARDENS +
  • PARKING +
  • CLOSE TO THE TOWN CENTRE +

. PURPOSE BUILT 2ND FLOOR APARTMENT
. 2 BEDROOMS
. UPVC DOUBLE GLAZING & ELECTRIC STORAGE HEATERS
. LUXURY KITCHEN & BATHROOM
. COMMUNAL GARDENS
. PARKING

DESCRIPTION Occupying a super position, away from the hustle and bustle yet just a short walk from Blackpool town centre and the train station, this purpose built second floor apartment forms part of a modern sought after development. Approached via a communal entrance hall with a security intercom, the apartment comprises entrance hall, good lounge, kitchen with blue units, two bedrooms and a luxury bathroom and W.C with a white suite. Outside are well kept gardens, plus the apartment benefits off street parking. An annual service charge of covers the upkeep of all communal areas - ensuring a high standard of presentation at all times.

LOCATION Proceeding out of Blackpool along Park Road, go straight ahead at the traffic light junction with Reads Avenue. Turn right into Hornby Road and Courtfields is immediately on the left hand side.

The accommodation comprises:-

ON THE GROUND FLOOR

COMMUNAL ENTRANCE HALL Security intercom, carpeted stairwell.

ON THE SECOND FLOOR
LANDING

ENTRANCE HALL Storage cupboard.

LOUNGE 15'5 X 10'8. UPVC double glazed window, two storage cupboards, open to:-

KITCHEN 10'8 X 6'8. Fitted with a range of blue base units and worktops with bevelled edges incorporating a single bowl single drainer stainless steel sink unit with mixer tap over, built in oven, hob and hood, plumbing for washing machine, laminate splashbacks, matching eye level cupboards.

BEDROOM NO 1 15'5 X 10'0. UPVC double glazed window, storage heater.

BEDROOM NO 2 11'8 X 7'5. UPVC double glazed window, electric radiator.

BATHROOM & W.C Recently refitted with a luxury suite comprising panelled bath with mixer tap and electric shower over, pedestal wash hand basin, W.C - low suite, ceramic tiled floor and walls, laminate ceiling with four downlights, electric wall heater, airing cupboard.

OUTSIDE

COMMUNAL GARDENS

PARKING

TENURE Leasehold.

SERVICE CHARGE £234 per quarter.

GROUND RENT £25 per annum.

SERVICES Mains electricity and drainage connected.

VIEWINGS Only by prior appointment through Duncan Raistrick Estate Agents. Tel:- - open 7 days a week.

EPC RATING:- C

COUNCIL TAX BAND:- B

Agent Details

Duncan Raistrick, Blackpool

01253 835382

Next Steps?

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