6 Bed Terraced House, Single Let, Blackpool, FY1 2EU, £45,000

Dickson Road, Blackpool, Lancashire, FY1 2EU - 1 views - 9 days ago

Sold STC
Auction
BTL
ROI: 29%
~186 m²
+12 photos

ValuationUndervalued

Sold Prices£87.5K - £1.3M
Sold Prices/m²£917/m² - £2.8K/m²

 

 

Square Metres

~186 m²
Price/m²£242/m²

Value Estimate

£55,800
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£11,250

Stamp Duty & Legal Fees

£3,450

Total Cash In

£14,700

 

 

Cash Out

 

Rent Range

£500 - £1,250

Rent Estimate

£650

Running Costs/mo

£291

Cashflow/mo

£359

Cashflow/yr

£4,313

ROI

29%

Gross Yield

17%

Local Sold Prices

12 sold prices from £87.5K to £1.3M, average is £272.5K. £917/m² to £2.8K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£155K11/200.55 mi34, Hodgson Road, Blackpool FY1 2LZ6
£154K04/210.6 mi24, Warbreck Hill Road, Blackpool FY2 9SP6
£132K12/220.74 mi84, Regent Road, Blackpool FY1 4NB6
£315K11/220.87 mi149, Hornby Road, Blackpool FY1 4JG6
£377.5K11/201.17 mi3, Regency Gardens, Blackpool FY2 0WX6
£167.5K12/221.28 mi103, Newton Drive, Blackpool FY3 8LZ6
£87.5K07/211.43 mi7, Clarendon Road, Blackpool FY1 6EF6
£340K08/212.19 mi20, Windermere Road, Blackpool FY4 2BX6
£1.0M02/232.78 mi314, Hardhorn Road, Poulton-le-fylde, Lancashire FY6 8DH6
£1.3M05/212.78 mi326, Hardhorn Road, Poulton-le-fylde, Lancashire FY6 8DH6
£940K02/212.8 mi103, Hardhorn Road, Poulton-le-fylde, Lancashire FY6 8AY6
£230K11/202.83 mi20, Tudor Place, Blackpool FY4 1PQ6

Local Rents

27 rents from £500/mo to £1.3K/mo, average is £775/mo.

RentDateDistanceAddressBeds 
£80005/240.05 miBraithwaite Street, Blackpool, FY1 2HS3
£50012/240.18 mi-3
£65004/240.21 miCheltenham Road, Blackpool, FY1 2PR3
£1,10003/250.22 mi-4
£85012/240.23 mi-4
£1,25002/250.28 mi-4
£1,10002/250.29 mi-4
£65006/240.29 mi-3
£82512/240.29 mi-3
£82504/240.33 miChesterfield Road, Blackpool, Lancashire, FY13
£77504/240.33 miChesterfield Road, Blackpool3
£80002/250.41 mi-3
£77505/240.42 miHardman Street, Blackpool3
£72504/240.42 mi-3
£79509/240.42 mi-3
£70004/240.44 miHardman Street, Blackpool, Lancashire, FY13
£1,20004/250.47 mi-3
£70004/240.52 miAvon Place, Blackpool, FY1 2QX3
£72501/250.54 mi-3
£72501/250.54 mi-3
£85004/240.56 miCoopers Way, Blackpool, FY13
£72505/240.57 mi-3
£70012/240.57 mi-3
£85004/240.59 miDevonshire Road, Blackpool, Lancashire, FY33
£75004/240.61 miCaunce Street, Blackpool3
£70004/240.61 miPeter Street, Blackpool, FY1 3LT3
£80004/240.62 miSelbourne Road, Blackpool, Lancashire, FY13

Local Area Statistics

Population in FY1

33,505

Population in Blackpool

133,713

Town centre distance

1.90 miles away

Nearest school

0.40 miles away

Nearest train station

0.33 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+26%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £45,000

March 30, 2025

Floor Plans

Description

  • Calling All Investors +
  • Development Project +
  • Ground Floor Shop with Apartments Above +
  • Six Bedrooms, Two Lounges, Two Kitchens & Two Bathrooms +
  • Modern Method of Auction +
  • Buyers Fees Apply +

Fantastic Investment Opportunity! Calling all developers!
Introducing Dickson road, a fantastic opportunity to purchase this unique property comprising of a shop with multiple flats above.

On internal inspection, there is a fantastic sized shop with apartments above containing six bedrooms, two lounges, two kitchens and two bathrooms.

Please call the office to arrange a viewing now!

Agent Note; At the time of our visit we were not able to gain access to the shop.

Auctioneer Comments
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation
Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information
Pack is provided. The buyer will pay £300 inc VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase
price inc VAT, subject to a minimum of £6,600 inc VAT. This Fee is paid to reserve the property to the buyer during the
Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the
service is taken. Payment varies but will be no more than £450. These services are optional.

Agent Details

Entwistle Green, Blackpool

01253 835054

Next Steps?

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