4 Bed Terraced House, Single Let, Blackpool, FY2 9QW, £82,000

Cornwall Avenue, BLACKPOOL, FY2 9QW - 2 views - 20 days ago

Auction
BTL
ROI: 13%
~129 m²
+9 photos

ValuationUndervalued

Sold Prices£79K - £480K
Sold Prices/m²£805/m² - £2.4K/m²

 

 

Square Metres

~129.26 m²
Price/m²£634/m²

Value Estimate

£102,500
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£20,500

Stamp Duty & Legal Fees

£5,300

Total Cash In

£25,800

 

 

Cash Out

 

Rent Range

£650 - £8,310

Rent Estimate

£700

Running Costs/mo

£416

Cashflow/mo

£284

Cashflow/yr

£3,405

ROI

13%

Gross Yield

10%

Local Sold Prices

50 sold prices from £79K to £480K, average is £188.5K. £805/m² to £2.4K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£124K03/210.05 mi23, Warbreck Drive, Blackpool FY2 9SZ4
£130K12/200.08 mi65, Warbreck Drive, Blackpool FY2 9RZ4
£218K03/210.16 mi12, Calder Road, Blackpool FY2 9TX4
£299.9K08/210.16 mi3, Calder Road, Blackpool FY2 9TX4
£165K02/210.16 mi17, Northumberland Avenue, Blackpool FY2 9SB4
£245K03/210.22 mi57, Cleator Avenue, Blackpool FY2 9TS4
£187K10/200.24 mi54, Seafield Road, Blackpool FY1 2LS4
£217.9K08/210.25 mi173, Warbreck Hill Road, Blackpool FY2 9UP4
£187K01/230.25 mi102, Holmfield Road, Blackpool FY2 9RF4
£215.5K02/230.25 mi79, Shaftesbury Avenue, Blackpool FY2 9TT4
£210K10/200.25 mi39, Holly Road, Blackpool FY1 2SF4
£190K08/230.26 mi88, Knowle Avenue, Blackpool FY2 9UU4
£169.9K03/210.34 mi189, Warbreck Drive, Blackpool FY2 9RA4
£159.9K02/210.34 mi141, Warbreck Drive, Blackpool FY2 9RA4
£480K04/230.34 mi128, Cornwall Avenue, Bispham, Blackpool FY2 9QR4
£145K12/200.34 mi144, Cornwall Avenue, Bispham, Blackpool FY2 9QR4
£166K12/200.34 mi148, Warley Road, Blackpool FY1 2RP4
£230K11/210.37 mi21, Wolverton Avenue, Blackpool FY2 9NU4
£102K05/230.43 mi9, Sherbourne Road, Blackpool FY1 2PW4
£276K03/210.45 mi3, Waterside, Blackpool FY2 0WT4
£240K02/210.47 mi6, Bracken Way, Blackpool FY2 0WQ4
£200K06/210.53 mi15, Pembroke Avenue, Blackpool FY2 9PS4
£115K10/210.55 mi51, Sherbourne Road, Blackpool FY1 2PJ4
£215K01/210.56 mi2, Regency Gardens, Blackpool FY2 0WX4
£205K12/200.56 mi23, Regency Gardens, Blackpool FY2 0WX4
£185K03/210.56 mi21, Regency Gardens, Blackpool FY2 0WX4
£224.9K05/210.56 mi12, Regency Gardens, Blackpool FY2 0WX4
£318K08/220.56 mi15, Regency Gardens, Blackpool FY2 0WX4
£245K07/230.56 mi265, Warbreck Hill Road, Blackpool FY2 0SP4
£175K02/210.59 mi14, Cotswold Road, Blackpool FY2 0UH4
£170K03/210.59 mi5, Hurstwood Drive, Blackpool FY2 0WU4
£220K04/210.59 mi65, Bexley Avenue, Blackpool FY2 0TE4
£115K11/210.59 mi63, Sherbourne Road, Blackpool FY1 2PQ4
£79K07/210.61 mi11, Hawthorn Road, Blackpool FY1 2RE4
£210K09/210.62 mi172, Holmfield Road, Blackpool FY2 9PU4
£138K04/210.63 mi8, Armadale Road, Blackpool FY2 0SW4
£227K11/220.64 mi7, Coopers Way, Blackpool FY1 3RJ4
£155K05/210.67 mi93, Inver Road, Blackpool FY2 0RQ4
£150K07/210.71 mi10, Chelsea Avenue, Blackpool FY2 0SU4
£152K03/210.78 mi8, Hayfield Avenue, Blackpool FY2 0NJ4
£266K12/200.78 mi165, Bispham Road, Blackpool FY2 0NN4
£123K11/200.8 mi32, Cavendish Road, Blackpool FY2 9JR4
£143K01/210.83 mi281, Talbot Road, Blackpool FY3 7AZ4
£400K03/210.85 mi182, Bispham Road, Blackpool FY2 0LA4
£209.9K08/210.85 mi8, Carlton Grove, Blackpool FY2 9LA4
£173K12/210.86 mi31, Salmesbury Avenue, Blackpool FY2 0PN4
£305K03/230.91 mi527, Devonshire Road, Bispham, Blackpool FY2 0JX4
£181K07/230.91 mi6, Highbury Avenue, Blackpool FY3 7DL4
£145K04/230.92 mi61, Hesketh Avenue, Bispham, Blackpool FY2 9JX4
£390K10/220.96 mi532, Devonshire Road, Bispham, Blackpool FY2 0JT4

Local Rents

27 rents from £650/mo to £8.3K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,30012/230.02 mi-5
£97504/240.08 miWarbreck Drive, Blackpool, FY2 9RZ3
£90004/240.08 miBispham, Blackpool, FY2 9RZ3
£1,50002/250.11 mi-7
£1,40003/240.14 mi-3
£1,30011/240.14 mi-3
£1,80005/240.14 miHolmfield Road, Blackpool, Lancashire, FY27
£8,31002/250.15 mi-10
£4,50006/240.16 mi-3
£4,50004/240.16 miEmpress Drive, Blackpool, FY23
£1,50005/240.17 mi-4
£1,80003/250.17 mi-4
£1,05002/240.22 mi-3
£79507/240.31 mi-3
£72504/240.33 mi-3
£79509/240.33 mi-3
£1,20011/230.45 mi-5
£72505/240.47 mi-3
£70012/240.47 mi-3
£70004/240.51 miAvon Place, Blackpool, FY1 2QX3
£1,10002/250.51 mi-4
£82504/240.52 miChesterfield Road, Blackpool, Lancashire, FY13
£77504/240.52 miChesterfield Road, Blackpool3
£90006/240.54 miMexford Avenue, Blackpool3
£1,10003/250.55 mi-4
£1,15003/250.58 mi-3
£65004/240.59 miCheltenham Road, Blackpool, FY1 2PR3

Local Area Statistics

Population in FY2

24,589

Population in Blackpool

133,713

Town centre distance

2.07 miles away

Nearest school

0.20 miles away

Nearest train station

0.77 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+50%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £82,000

March 25, 2025

Description

  • AUCTION SALE +
  • 15 April 2025 +
  • Upon instruction of AMG +
  • EPC Rating - E +
  • To view: 4/4, 12/4 at 11am +

SUMMARY
AUCTION SALE 15 April 2025 - Freehold end terrace house

DESCRIPTION
Freehold end terrace house.

Location:
The property is located on Cornwall Avenue. Shopping amenities can be found locally within Blackpool Town Centre to the south. Public transport links are available at Layton Train Station to the east, Blackpool North Train Station to the south and Gynn Square Tram Stop to the west, along with a network of local bus services serving the surrounding areas. The property is served by road links including the A584 to the west and A587 to the east. Recreational pursuits can be found at Devonshire Road Rock Gardens to the north east and Claremont Park to the south east.

Accommodation:
First floor: Four bedrooms, bathroom and separate wc
Ground floor: Two reception rooms, kitchen

EPC Rating: E

Council Tax Band: C

To view: 4/4, 12/4 at 11am
No booking required - Please arrive at the time stated

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Barnard Marcus, Hammersmith Auctions

020 3866 9305

Next Steps?

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