2 Bed Semi-Detached House, Single Let, Blackpool, FY2 0PR, £115,000

51 Salmesbury Avenue, Bispham, Blackpool, FY2 0PR - 7 months ago

Under Offer
BTL
ROI: 2%
77 m²
+3 photos

ValuationUndervalued

Sold Prices£72K - £296K
Sold Prices/m²£951/m² - £3.7K/m²

 

 

Square Metres

77 m²
Price/m²£1.5K/m²

Value Estimate

£127,016
BMV10%

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

£542 - £850

Rent Estimate

£567

Running Costs/mo

£493

Cashflow/mo

£74

Cashflow/yr

£891

ROI

2%

Gross Yield

6%

Local Sold Prices

51 sold prices from £72K to £296K, average is £117K. £951/m² to £3.7K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£135K07/230.13 mi14, Elmridge Crescent, Blackpool FY2 0NQ2
£105K11/200.23 mi34, Toronto Avenue, Blackpool FY2 0PB2
£120K08/210.25 mi6, Chive Close, Blackpool FY2 0WF2
£123K03/230.26 mi24, Coriander Close, Blackpool FY2 0WE2
£118K02/230.26 mi33, Coriander Close, Blackpool FY2 0WE2
£106K10/220.32 mi45, Ardmore Road, Blackpool FY2 0RU2
£90K02/210.33 mi14, Ardmore Road, Blackpool FY2 0RU2
£80K11/210.33 mi39, Ardmore Road, Blackpool FY2 0RU2
£95K08/210.33 mi41, Ardmore Road, Blackpool FY2 0RU2
£105K11/220.33 mi31, Ardmore Road, Blackpool FY2 0RU2
£110K10/220.35 mi6, Headfort Close, Blackpool FY2 0RX2
£125K02/210.36 mi24, Pendle Close, Blackpool FY3 7LZ2
£135K03/230.36 mi24, Pendle Close, Blackpool FY3 7LZ2
£130K03/230.37 mi15, Normandie Avenue, Blackpool FY2 0LE2
£112.5K03/230.37 mi25, Normandie Avenue, Blackpool FY2 0LE2
£137K04/230.39 mi1, Hurstwood Drive, Blackpool FY2 0WU2
£95K11/200.43 mi17, Westfield Avenue, Blackpool, Lancashire FY3 7LU2
£207.5K12/220.47 mi164, Warbreck Hill Road, Blackpool FY2 0SL2
£112K11/200.47 mi27, Armadale Road, Blackpool FY2 0SW2
£120K01/210.47 mi21, Meadow Crescent, Poulton-le-fylde, Blackpool FY6 7QX2
£117K03/230.48 mi18, Elkfield Drive, Blackpool, Lancashire FY3 7RG2
£214K12/200.5 mi9, Hilstone Lane, Blackpool FY2 0SJ2
£115K01/230.5 mi414, Warley Road, Blackpool FY2 0SS2
£145K03/210.5 mi12, Poulton Old Road, Blackpool FY3 7LB2
£123K07/210.52 mi31, Benson Road, Blackpool FY3 7HP2
£72K04/210.54 mi31, Oregon Avenue, Blackpool FY3 7JU2
£105K12/220.57 mi7, Oregon Avenue, Blackpool FY3 7JU2
£132K01/210.58 mi145, Poulton Road, Blackpool FY3 7JJ2
£182K09/210.6 mi2, Appleton Close, Poulton-le-fylde, Lancashire FY6 7RF2
£200K12/200.61 mi19, Appleton Close, Poulton-le-fylde, Lancashire FY6 7RF2
£170K12/200.61 mi9, Appleton Close, Poulton-le-fylde, Lancashire FY6 7RF2
£165K02/230.62 mi290, Warley Road, Blackpool FY2 0UJ2
£285K11/210.62 mi14, Ashley Close, Blackpool FY2 0RF2
£296K09/210.62 mi28, Ashley Close, Blackpool FY2 0RF2
£216K07/230.62 mi17, Ashley Close, Bispham, Blackpool FY2 0RF2
£130K09/210.63 mi26, Poulton Road, Blackpool FY3 7DT2
£115K08/210.67 mi82, Ashfield Road, Blackpool FY2 0DJ2
£85K11/210.67 mi20, Ashfield Road, Blackpool FY2 0DJ2
£98K07/230.67 mi26, Ashfield Road, Bispham, Blackpool FY2 0DJ2
£125K01/230.68 mi282, Warley Road, Blackpool FY2 0UG2
£125.5K03/230.68 mi37, Meyler Avenue, Blackpool FY3 7DX2
£130K08/210.68 mi6, Wembley Avenue, Blackpool FY3 7DU2
£85K12/200.7 mi18, Leaford Avenue, Blackpool FY3 7JB2
£92.5K11/210.7 mi17, Leaford Avenue, Blackpool FY3 7JB2
£87.5K07/230.7 mi5, Leaford Avenue, Blackpool FY3 7JB2
£87.5K07/230.7 mi5, Leaford Avenue, Blackpool FY3 7JB2
£107K11/200.72 mi42, Blackpool Road, Blackpool FY2 0HT2
£78K05/210.72 mi25, Brooklyn Avenue, Blackpool FY3 7DP2
£100K09/210.73 mi81, Mansfield Road, Blackpool FY3 7HZ2
£94K12/220.73 mi91, Mansfield Road, Blackpool FY3 7HZ2
£97.3K12/200.74 mi35, Raymond Avenue, Blackpool FY2 0TY2

Local Rents

21 rents from £542/mo to £850/mo, average is £600/mo.

RentDateDistanceAddressBeds 
£65004/240.13 mi-2
£72504/240.26 miCoriander Close, Blackpool, Lancashire, FY22
£60004/240.28 miHolyoake Avenue, Blackpool, Lancashire, FY22
£70004/240.33 miArdmore Road, Blackpool, Lancashire, FY22
£75005/240.39 miHurstwood Drive, Bispham, FY2 0WU2
£60004/240.41 miParbold Close, Mowbray Drive2
£60004/240.42 miChelsea Avenue, Blackpool2
£60004/240.42 miChelsea Avenue, Blackpool2
£57504/240.42 miChelsea Avenue, Blackpool2
£65004/250.43 mi-2
£60012/230.43 mi-2
£65003/250.44 mi-2
£58505/240.46 mi-2
£58505/240.46 mi-2
£58506/240.46 mi-2
£54202/240.46 mi-2
£58505/240.46 miBispham Road, Blackpool, FY22
£58505/240.46 miBispham Road, Blackpool, FY22
£58506/240.46 miBispham Road, Blackpool, FY22
£69504/240.61 miMunster Avenue, Blackpool, FY2 0HG2
£85004/240.61 miBlackpool Old Road, Blackpool2

Local Area Statistics

Population in FY2

24,589

Population in Blackpool

133,713

Town centre distance

1.87 miles away

Nearest school

0.30 miles away

Nearest train station

0.49 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+50%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Price changed to £115,000

March 12, 2025

Listed for £125,000

September 18, 2024

Floor Plans

Description

  • Lounge +
  • Dining Kitchen +
  • Two Bedrooms +
  • Shower room +
  • UPVC double glazing +
  • Gas central heating +
  • Large rear garden +
  • Off street Parking +

This Semi Detached home is ready to walk into, whilst still offering that potential to truly make a house your own! With a spacious Lounge and Dining Kitchen to the ground floor, plus two Bedrooms and Shower room upstairs, the property also occupies an impressive plot with a lovely rear Garden measuring over 70' in length. A perfect first time buy sold with NO ONWARD CHAIN

Agent Details

McDonald, Fylde Coast

01253 835493

Next Steps?

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