Reads Avenue, BLACKPOOL, Lancashire, FY1
EN

Reads Avenue, BLACKPOOL, Lancashire, FY1

By Entwistle Green

£ 180,000

Reviews

2 out of 5 stars

Entwistle Green says ..

A fantastic opportunity to purchase a substantial sized property set over three floors boasting a large retail shop and rooms to the ground floor with spacious and flexible living accommodation to the first and second floors. To the ground floor there is an entrance that leads up to t...

Property Oracle says ..

This property in Blackpool presents a complex case. It’s a substantial building with five bedrooms and a ground floor commercial space, offering significant potential. The location in Blackpool offers access to transport links and schools. However, the condition is a major consideration. Some areas appear well-maintained with modern decor, but the image showing the commercial area’s ceiling reveals a substantial need for repair. Further, there are various elements that would require further investigation during a viewing, like the condition of the plumbing and electrics. The property’s description suggests that there is a degree of flexibility in terms of usage – this is a positive feature, but also requires further clarification on any planning permissions etc. The lack of plot size information and the significant difference in price and quality observed in nearby listings complicates a full assessment of its value. A potential buyer must weigh the costs of necessary repairs and renovations against the potential rental income from the commercial space and overall property value. Thorough due diligence is crucial before making any decision.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
5
Location
6
Land
4
Bedrooms
5
Bathrooms
1
Sqft (est)
1,889.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
180,000.00 £
Decreased by 46.31 %
from 335,277.00 £
Est sale value
341,909.00 £
Decreased by 20.26 %
from 428,803.00 £
Average area rental value
1,025.00 £/mo
Decreased by 8.40 %
from 1,119.00 £/mo
Est letting value
1,889.00 £/mo
from 0.00 £/mo
Est rental Yield
6.83 %
Increased by 70.32 %
from 4.01 %
Crime Rate
14.00 %
Unchanged by 0.00 %
from 14.00 %

Agent Activity

  • Entwistle Green created the listing.

Nearby Schools

NameTypeOfstedDistance
Blackpool St John'S Church Of England Primary SchoolVoluntary Aided SchoolGood0.63 KM
Bfc SchoolOther Independent School0.84 KM
Revoe Learning AcademyAcademy Sponsor LedGood0.96 KM
Revoe Children'S CentreChildren's Centre1.10 KM
Blackpool Gateway AcademyAcademy ConverterRequires improvement1.11 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Hamilton Court £ 000.00 KM
Princess Court £ 105,00000.00 KM
Princess Street £ 63,33300.00 KM
Chadwick Street £ 000.00 KM
Chapel Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Blackpool North2739BPN1.00 KM
Blackpool South2740BPS1.58 KM
Blackpool Pleasure Beach2738BPB2.81 KM
Layton (Lancs)2669LAY3.32 KM
Squires Gate2666SQU3.96 KM

Nearby Listings

AddressPriceTypeScoreDistance
Hornby Road, Blackpool £ 89,950BUYUnknown0.08 KM
Hamilton Court, Blackpool, FY1 £ 87,000BUY5 / 100.08 KM
Hornby Road, BLACKPOOL, Lancashire, FY1 £ 80,000BUYUnknown0.08 KM
Hamilton Court, Blackpool, FY1 £ 77,950BUY5 / 100.08 KM
Hamilton Court, 49-51 Hornby Road, Blackpool, FY1 £ 90,000BUY7 / 100.08 KM

Nearby Properties

AddressPriceDistance
1e Reads Avenue £ 40,9000.02 KM
15a Reads Avenue £ 150,0000.02 KM
108a Central Drive £ 100,0000.06 KM
94 Central Drive £ 140,0000.06 KM
36 Reads Avenue £ 174,0000.07 KM