3 Bed Semi-Detached House, Single Let, Blackpool, FY2 9JF, £115,000

Melville Road, Blackpool, FY2 9JF - a month ago

Sold STC
BTL
ROI: 6%
~93 m²
+8 photos

ValuationUndervalued

Sold Prices£65K - £537K
Sold Prices/m²£520/m² - £2.4K/m²

 

 

Square Metres

~93 m²
Price/m²£1.2K/m²

Value Estimate

£134,275
BMV17%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£28,750

Stamp Duty & Legal Fees

£6,950

Total Cash In

£35,700

 

 

Cash Out

 

Rent Range

£650 - £1,250

Rent Estimate

£689

Running Costs/mo

£517

Cashflow/mo

£172

Cashflow/yr

£2,062

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £65K to £537K, average is £143K. £520/m² to £2.4K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£132K10/200.03 mi12, England Avenue, Bispham, Blackpool FY2 9JG3
£128K12/220.04 mi35, Melville Road, Bispham, Blackpool FY2 9JF3
£195K06/230.07 mi30, Beaufort Avenue, Bispham, Blackpool FY2 9HG3
£180K11/200.07 mi37, England Avenue, Blackpool FY2 9JE3
£141K06/230.11 mi47, Sandhurst Avenue, Bispham, Blackpool FY2 9EB3
£120K06/230.11 mi51, Sandhurst Avenue, Bispham, Blackpool FY2 9EB3
£160K01/230.13 mi62, Cavendish Road, Bispham, Blackpool FY2 9NJ3
£113K10/210.13 mi97, Cavendish Road, Blackpool FY2 9NJ3
£100.5K05/230.14 mi72, Cavendish Road, Bispham, Blackpool FY2 9NJ3
£138K09/210.14 mi124, Cavendish Road, Blackpool FY2 9EG3
£109K02/210.14 mi142, Cavendish Road, Bispham, Blackpool FY2 9EG3
£218.5K12/200.17 mi15, Sandhurst Avenue, Blackpool FY2 9AU3
£170K10/220.17 mi22, Sandhurst Avenue, Bispham, Blackpool FY2 9AU3
£157K09/210.17 mi4, Daventry Avenue, Blackpool FY2 9LB3
£115K01/210.17 mi55, Sunny Bank Avenue, Bispham, Blackpool FY2 9NF3
£175K09/210.17 mi79, Sunny Bank Avenue, Blackpool FY2 9NF3
£168K02/230.18 mi13, Sunny Bank Avenue, Bispham, Blackpool FY2 9EQ3
£163K01/230.18 mi288, Warbreck Drive, Bispham, Blackpool FY2 9LD3
£128.5K02/210.19 mi225, Red Bank Road, Blackpool FY2 9EA3
£167K12/220.2 mi36, Montpelier Avenue, Bispham, Blackpool FY2 9AE3
£164.9K11/200.21 mi7, Landseer Avenue, Blackpool FY2 9EF3
£125K10/210.21 mi5, Rivington Avenue, Bispham, Blackpool FY2 9ER3
£121K10/210.22 mi194, Red Bank Road, Blackpool FY2 9ET3
£65K03/210.22 mi184, Red Bank Road, Bispham, Blackpool FY2 9ET3
£537K09/220.23 mi290, Queens Promenade, Bispham, Blackpool FY2 9AZ3
£163K11/200.23 mi12, Northgate, Bispham, Blackpool FY2 9NL3
£110K07/210.24 mi66, Bryning Avenue, Bispham, Blackpool FY2 9LZ3
£190K01/230.24 mi204, Cavendish Road, Bispham, Blackpool FY2 9EE3
£164.9K02/210.26 mi17, Leyburn Avenue, Blackpool FY2 9AQ3
£115K10/210.28 mi146, Norcliffe Road, Bispham, Blackpool FY2 9EW3
£225K05/230.28 mi30, Countess Crescent, Bispham, Blackpool FY2 9LQ3
£132.5K12/200.29 mi6, Bethel Avenue, Blackpool FY2 9NA3
£124K03/210.29 mi9, Bethel Avenue, Blackpool FY2 9NA3
£135K05/210.29 mi4, Bethel Avenue, Blackpool FY2 9NA3
£160K11/200.29 mi105, Northgate, Bispham, Blackpool FY2 9LT3
£185K12/200.29 mi30, Caxton Avenue, Blackpool FY2 9AP3
£96.5K05/210.29 mi196, Red Bank Road, Blackpool FY2 9ET3
£160K04/230.3 mi37, Rivington Avenue, Bispham, Blackpool FY2 9DG3
£138K05/210.33 mi18, Haddon Road, Bispham, Blackpool FY2 9AH3
£138K05/210.33 mi18, Haddon Road, Bispham, Blackpool FY2 9AH3
£173K06/230.33 mi40, Haddon Road, Bispham, Blackpool FY2 9AH3
£100K04/210.33 mi16, Haddon Road, Blackpool FY2 9AH3
£100K04/210.33 mi16, Haddon Road, Blackpool FY2 9AH3
£135K01/210.33 mi602, Devonshire Road, Blackpool FY2 0AN3
£149.9K03/210.34 mi9, Admiral Gardens, Blackpool FY2 9LR3
£149.9K03/210.34 mi9, Admiral Gardens, Blackpool FY2 9LR3
£145K04/230.34 mi24, Admiral Gardens, Bispham, Blackpool FY2 9LR3
£155K05/210.35 mi56, Everest Drive, Blackpool FY2 9DP3
£180K02/230.35 mi44, Everest Drive, Bispham, Blackpool FY2 9DP3
£128K03/210.36 mi260, Warbreck Drive, Blackpool FY2 9LH3

Local Rents

36 rents from £650/mo to £1.3K/mo, average is £925/mo.

RentDateDistanceAddressBeds 
£85005/240.11 miSandhurst Avenue, Bispham, FY2 9EB3
£89505/240.14 miCavendish Road, FY23
£90012/230.14 mi-3
£97503/250.14 mi-3
£99504/240.16 mi-3
£89504/240.16 mi-3
£99504/240.16 mi-3
£99504/240.16 mi-3
£99505/240.16 mi-3
£1,20004/240.22 mi-3
£1,25004/240.22 miMontpelier Avenue, Blackpool, FY23
£1,15005/240.22 miMontpelier Avenue, Blackpool, FY23
£1,15005/240.22 miMontpelier Avenue, Blackpool, FY23
£1,25006/240.22 mi-3
£1,15006/240.22 mi-3
£1,25003/250.22 mi-3
£89504/240.23 miEdenvale Avenue, FY23
£1,15005/240.23 mi3 Cliff Place, Bispham, Blackpool. FY2 9JT3
£85004/240.33 miDevonshire Road, Bispham3
£89504/240.34 miAdmiral Gardens, Bispham3
£85004/240.35 mi-3
£1,00004/240.38 miDevonshire Road, Bispham, Blackpool3
£65004/240.38 mi340 Queens Promenade, Blackpool3
£95002/250.4 mi-3
£1,10005/240.42 miRivington Avenue, Bispham, Blackpool3
£69504/240.43 miDales View, Queens Promenade, Blackpool, FY2 9AB3
£92504/240.47 miInver Road, Blackpool, FY2 0LW3
£87504/240.47 miInver Road, Blackpool, FY2 0LW3
£87505/240.47 miInver Road, Blackpool, FY2 0LW3
£92505/240.47 miInver Road, Blackpool, Lancashire3
£89505/240.49 mi-3
£89505/240.49 mi-3
£89505/240.49 mi-3
£89504/250.52 mi-3
£85005/240.56 miBuxton Avenue, FY23
£95004/240.6 miGalway Avenue, Blackpool, Lancashire, FY23

Local Area Statistics

Population in FY2

24,589

Population in Blackpool

133,713

Town centre distance

2.83 miles away

Nearest school

0.40 miles away

Nearest train station

1.32 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+50%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £115,000

March 21, 2025

Floor Plans

Description

  • VIRTUAL VIEWING AVAILABLE. CLICK ON THE VIDEO TOUR ABOVE +
  • Three Bedroom Mid Terraced Home In Blackpool +
  • Two Spacious Reception Rooms, Fitted Kitchen, Utility Area +
  • Three Bedrooms, Shower Room, Rear Yard +
  • Great Location, Close To Local Shops, Schools & Transport Links +

We are pleased to present to the market this three bedroom semi detached property, located in a popular area of Blackpool,

Internally the accommodation comprises a spacious lounge, reception room, kitchen and a utility area.

Stairs lead to the first floor, with three bedrooms, and a shower room.

To the rear there is an enclosed yard with a wall surround and gated access.

Council Tax Information: Band B

Agent Note
In order to be able to purchase a property in the UK all agents have a legal requirement to conduct identity checks on all customers involved in the transaction to fulfil their obligations under anti money laundering regulations. Farrell Heyworth outsource this check to a third party and a charge will apply. Please ask the branch for further details.

Agent Details

Farrell Heyworth, Fylde Coast

01253 835297

Next Steps?

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