6 Bed Terraced House, Single Let, Blackpool, FY1 5AL, £115,000

Shannon Street, Blackpool, Lancashire, FY1 5AL - 11 days ago

BTL
ROI: 6%
~186 m²
+17 photos

ValuationUndervalued

Sold Prices£87.5K - £377.5K
Sold Prices/m²£917/m² - £2.2K/m²

 

 

Square Metres

~186 m²
Price/m²£618/m²

Value Estimate

£141,450
BMV23%

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

£695 - £2,600

Rent Estimate

£709

Running Costs/mo

£521

Cashflow/mo

£188

Cashflow/yr

£2,254

ROI

6%

Gross Yield

7%

Local Sold Prices

9 sold prices from £87.5K to £377.5K, average is £167.5K. £917/m² to £2.2K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£87.5K07/210.38 mi7, Clarendon Road, Blackpool FY1 6EF6
£132K12/220.47 mi84, Regent Road, Blackpool FY1 4NB6
£315K11/220.54 mi149, Hornby Road, Blackpool FY1 4JG6
£340K08/211.14 mi20, Windermere Road, Blackpool FY4 2BX6
£167.5K12/221.37 mi103, Newton Drive, Blackpool FY3 8LZ6
£155K11/201.56 mi34, Hodgson Road, Blackpool FY1 2LZ6
£154K04/211.64 mi24, Warbreck Hill Road, Blackpool FY2 9SP6
£230K11/201.78 mi20, Tudor Place, Blackpool FY4 1PQ6
£377.5K11/202.08 mi3, Regency Gardens, Blackpool FY2 0WX6

Local Rents

29 rents from £695/mo to £2.6K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£1,40004/250.02 mi-4
£70004/240.04 miFlat 2, 16 Coop Street3
£82504/240.05 miBickerstaffe Street, Blackpool3
£1,10004/240.09 miPrincess Street3
£1,05004/250.2 mi-3
£77504/240.21 miErdington Road, Blackpool3
£1,20003/250.31 mi-3
£2,00002/250.32 mi-3
£2,00002/250.32 mi-3
£72504/240.33 miHarrison Street, Blackpool, Lancashire, FY13
£95004/240.4 miWestmorland Avenue, Blackpool, Lancashire, FY15
£2,60012/240.42 mi-4
£2,60002/250.42 mi-4
£97502/250.44 mi-4
£90002/250.46 mi-3
£1,73302/250.48 mi-3
£1,10004/240.49 mi92 Grasmere Road3
£82504/240.49 miWyre Grove, Blackpool3
£1,10005/240.49 mi-3
£90004/240.5 miSouth King Street, Blackpool3
£80004/240.52 miPark Road, Blackpool, FY1 5QN3
£1,50003/250.53 mi-3
£80005/240.54 mi-3
£80005/240.54 mi-3
£95001/250.54 mi-3
£80005/240.56 miCondor Grove, Blackpool, Lancashire, FY14
£69504/250.57 mi-3
£1,00012/240.58 mi-3
£79504/240.59 miAnsdell Road, Blackpool, Lancashire, FY15LX3

Local Area Statistics

Population in FY1

33,505

Population in Blackpool

133,713

Town centre distance

1.79 miles away

Nearest school

0.40 miles away

Nearest train station

0.80 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+26%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £115,000

April 3, 2025

Floor Plans

Description

  • Six Bedroom Terraced Home +
  • Offering Flexible Living +
  • Fantastic Lounge and Diner +
  • Downstairs Utility and Kitchen +
  • Three Double Bedrooms and Bathroom First Floor +
  • Sun Terrace Off the Bathroom +
  • Three Double Bedrooms on the Second Floor +
  • Please Call The Office Now! +

Introducing Shannon Street! This fantastic six-bedroom terraced home offers a wealth of potential for investment or your family home, set over three floors it creates the perfect style for multi-generational living.

On internal inspection there is entrance hallway through to the fantastic sized lounge and diner ideal for family entertaining. you are then led through to the utility space and then to the fitted kitchen. To the side of the ground floor there is space in the outbuilding for storage.

To the first floor there are three double bedrooms and a bathroom with separate w.c with access through to the sun terrace. To the second floor there is another three double bedrooms with a fantastic spacious bathroom.

The property benefits from nearby amenities and transport links, with its versatile layout and generous proportions, this home is ideal or families or those seeking extra space.

Please call the office now to arrange a viewing!

Agent Details

Entwistle Green, Blackpool

01253 835054

Next Steps?

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