2 Bed Terraced House, Single Let, Blackpool, FY1 6EZ, £42,500

Bagot Street, Blackpool, FY1 6EZ - 3 views - 8 days ago

Auction
BTL
ROI: 21%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£50K - £148K
Sold Prices/m²£604/m² - £2.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£624/m²

Value Estimate

£51,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£10,625

Stamp Duty & Legal Fees

£3,325

Total Cash In

£13,950

 

 

Cash Out

 

Rent Range

£450 - £1,733

Rent Estimate

£500

Running Costs/mo

£253

Cashflow/mo

£247

Cashflow/yr

£2,966

ROI

21%

Gross Yield

14%

Local Sold Prices

50 sold prices from £50K to £148K, average is £86.5K. £604/m² to £2.1K/m², average is £960/m².

PriceDateDistanceAddressBeds 
£68K08/230.01 mi28, Bagot Street, Blackpool FY1 6EZ2
£58K07/210.11 mi13, Gordon Street, Blackpool FY4 1AJ2
£73K04/210.15 mi63, Alexandra Road, Blackpool FY1 6HW2
£60K01/210.26 mi4, Amberbanks Grove, Blackpool FY1 6DW2
£72K05/230.26 mi8, Amberbanks Grove, Blackpool FY1 6DW2
£120K04/220.31 mi72a, Saville Road, Blackpool FY1 6JT2
£76K12/200.31 mi28, Seymour Road, Blackpool FY1 6JH2
£73.5K01/210.33 mi9, Moon Avenue, Blackpool FY1 6EH2
£75K10/210.34 mi26, Gladstone Street, Blackpool FY4 2AL2
£142K03/230.42 mi10, Lunedale Avenue, Blackpool FY1 6LL2
£64K03/210.44 mi21, Henry Street, Blackpool FY1 5JG2
£95K02/210.45 mi26, Thames Road, Blackpool FY4 1ED2
£120K07/210.48 mi89, Dunelt Road, Blackpool FY1 6LT2
£60K12/200.49 mi1, Truro Street, Blackpool FY4 3BJ2
£124K08/210.51 mi13, Harlech Avenue, Blackpool FY1 6ND2
£73.4K02/210.51 mi51, Aintree Road, Blackpool FY4 3BD2
£128K07/210.52 mi26, Westfield Road, Blackpool FY1 6NY2
£72.5K12/220.55 mi1, Frederick Street, Blackpool FY4 3BQ2
£83K11/210.58 mi5, Houghton Avenue, Blackpool FY4 3BU2
£114K06/210.6 mi12, Harcourt Road, Blackpool FY4 3ET2
£97K09/210.6 mi26, Starbeck Avenue, Blackpool FY4 3BA2
£94K08/210.61 mi6, Edwell Avenue, Blackpool FY4 3BX2
£85K04/230.62 mi23, Rangeway Avenue, Blackpool FY4 2DJ2
£141.5K01/230.65 mi57, Chislehurst Avenue, Blackpool FY4 3AS2
£54K12/200.69 mi5, Revoe Street, Blackpool FY1 5HN2
£71K09/210.7 mi2, Swindon Avenue, Blackpool FY4 3DX2
£115K11/200.71 mi12, Marton Drive, Blackpool FY4 3DQ2
£119.3K01/230.72 mi23, Marton Drive, Blackpool FY4 3DF2
£122.5K06/230.72 mi15, Marton Drive, Blackpool FY4 3DF2
£115K12/230.72 mi30, Stamford Avenue, Blackpool FY4 2BJ2
£115K04/230.72 mi34, Stamford Avenue, Blackpool FY4 2BJ2
£90K10/210.73 mi27, Beardshaw Avenue, Blackpool FY1 6QA2
£74K05/230.73 mi128, Harcourt Road, Blackpool FY4 3HW2
£100K03/230.73 mi81, Hemingway, Blackpool FY4 3DR2
£90K01/210.74 mi76, Cunliffe Road, Blackpool FY1 6RY2
£105K03/230.74 mi10, Mirfield Grove, Blackpool FY4 3DN2
£70K06/210.76 mi107, Hemingway, Blackpool FY4 3DR2
£90K04/230.76 mi92, Hemingway, Blackpool FY4 3DR2
£115K01/230.76 mi116, Hemingway, Blackpool FY4 3DR2
£135K03/230.77 mi17, Stoke Avenue, Blackpool FY1 6QB2
£88K06/210.77 mi30, Ellesmere Road, Blackpool FY4 3DH2
£82.5K10/200.77 mi32, Ellesmere Road, Blackpool FY4 3DH2
£148K04/230.77 mi32, Ellesmere Road, Blackpool FY4 3DH2
£71K06/210.78 mi30a, Kent Road, Blackpool FY1 5HB2
£85K11/230.79 mi155, Powell Avenue, Blackpool FY4 3HQ2
£50K08/230.8 mi66, Sharow Grove, Blackpool FY1 5ND2
£67.5K06/230.8 mi31, Montrose Avenue, Blackpool FY1 4AS2
£88K08/210.8 mi68, Lune Grove, Blackpool FY1 5PH2
£65K05/230.8 mi52, Ashton Road, Blackpool FY1 4AQ2
£63.5K11/200.8 mi73, Ashton Road, Blackpool FY1 4AG2

Local Rents

45 rents from £450/mo to £1.7K/mo, average is £650/mo.

RentDateDistanceAddressBeds 
£65004/240.02 miBagot Street, Blackpool, Lancashire, FY16EZ2
£62505/240.05 miWaterloo Road, Blackpool2
£70003/250.1 mi-2
£55004/240.11 miBall Street, Blackpool2
£52504/240.12 miClarence Court, Rawcliffe Street, Blackpool, FY4 1DJ2
£52505/240.12 miClarence Court, Rawcliffe Street, Blackpool, FY4 1DJ2
£60004/240.13 miBall Street, Blackpool, Lancashire, FY12
£85005/240.18 mi-2
£82503/250.18 mi-2
£85005/240.18 miClare Street, Blackpool, FY12
£87504/250.19 mi-2
£62504/240.21 miDean Street, Blackpool, Lancashire, FY42
£68004/240.21 miLytham Road, Blackpool2
£72004/240.21 miLytham Road, Blackpool2
£62504/240.25 miSt Heliers Road, Blackpool2
£1,73311/240.26 mi-2
£69003/250.26 mi-2
£69504/240.26 miAmberbanks Grove, Blackpool2
£62504/240.26 miStation Road, Blackpool2
£62504/240.26 miStation Road, Blackpool2
£1,51704/250.27 mi-2
£65003/250.27 mi-2
£60005/240.3 miSt. Heliers Road, Blackpool, FY1 6JE2
£70004/240.33 miMoon Avenue, Blackpool, FY1 6EH2
£50012/240.34 mi-2
£65001/250.35 mi-2
£65004/250.35 mi-2
£80012/240.35 mi-2
£65002/250.37 mi-2
£45004/240.37 miOsborne Road, Blackpool2
£45005/240.37 miOsborne Road, Blackpool2
£1,25004/240.38 mi-2
£63005/240.38 miHAMPTON ROAD, BLACKPOOL, Blackpool2
£1,73311/240.39 mi-2
£1,73311/240.39 mi-2
£1,73302/250.39 mi-2
£1,73304/250.39 mi-2
£65004/240.41 miSt. Annes Road, Blackpool, Lancashire, FY42
£60010/230.41 miLonsdale Road, Blackpool2
£65005/240.46 miCentral Drive, Blackpool2
£70005/240.46 miCentral Drive, Blackpool2
£67504/240.49 miTruro Street, Blackpool, Lancashire, FY42
£70004/240.55 miFrederick Street, Blackpool2
£59505/240.56 mi-2
£59504/240.56 miHarcourt Road, Blackpool, FY42

Local Area Statistics

Population in FY1

33,505

Population in Blackpool

133,713

Town centre distance

2.10 miles away

Nearest school

0.30 miles away

Nearest train station

0.16 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+26%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £42,500

March 31, 2025

Floor Plans

Description

  • Two Bedroom Mid- Terrace House +
  • Entrance Vestibule, Hallway, Open Plan Lounge/ Diner, Kitchen, Landing, Family Bathroom +
  • Enclosed Rear Garden +
  • Ideal Investment Opportunity +
  • No Onward Chain +

Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £42500 Presenting an outstanding opportunity to acquire a charming two-bedroom mid-terrace house, this property is sure to captivate both investors and residential buyers alike. Upon entering the residence, one is welcomed into the entrance vestibule, leading into a hallway that offers access to the various living areas. The open-plan lounge and diner boast a flowing layout, encouraging an abundance of natural light to permeate the space.

The property also has a kitchen and the first floor is home to a generously proportioned landing that provides access to two comfortable bedrooms. Completing the first floor is a family bathroom. Beyond the interiors, the property boasts an enclosed rear garden. Offering an ideal investment opportunity, this property is perfectly positioned to attract investors or prospective buyers. Please note, any viewings or offers that take place from this moment must be placed through the auction T&Cs as per the Sellers agreement.

EPC Rating: F

Agent Details

Stephen Tew Estate Agents, Blackpool

01256 961179

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪