McDonald says ..
*** ATTENTION INVESTORS - BUY-TO-LET OPPORTUNITY *** This LARGE mid-garden terraced house is currently arranged as TWO self-contained flats providing an annual income in the region of £13,000 per annum. This is an appealing gross return of OVER 11%. This reflects the fact that some work is r...
Property Oracle says ..
This three-bedroom, three-bathroom terraced house in Blackpool, Lancashire, is listed at £109,950. The property’s location offers reasonable proximity to transportation links (train stations within 1.33 - 2.59KM) and several schools (various ratings from Good to Requires Improvement). The provided photographs, however, reveal a property that requires significant refurbishment. The kitchen and bathrooms appear dated and could benefit from modernisation. Additionally, the bedrooms and living spaces showcase a general need for updating and improved decor to elevate the overall aesthetic and appeal. The small paved rear yard provides limited outdoor space. The price point, whilst within the range of nearby listings, seems slightly high considering the apparent need for renovations. A thorough survey and assessment by a qualified professional are recommended before committing to a purchase to determine any necessary structural repairs beyond cosmetic updates. Potential investors should carefully consider the realistic rental income and associated refurbishment costs before making a final decision. A potential buyer should carefully assess the immediate surrounding area of Bela Grove before making any decision, and conduct a full survey for both structural integrity and potentially unseen issues.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 4
- Location
- 6
- Land
- 2
- Bedrooms
- 3
- Bathrooms
- 3
- Sqft (est)
- 770.00
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
- 149,863.00 £Decreased by 27.78 %
- Est sale value
- 133,980.00 £Increased by 5.45 %
- Average area rental value
- 911.00 £/moDecreased by 0.44 %
- Est letting value
- 770.00 £/mo
- Est rental Yield
- 7.29 %Increased by 37.81 %
- Crime Rate
- 2.00 %Unchanged by 0.00 %
Agent Activity
McDonald created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Revoe Children'S Centre | Children's Centre | 0.20 KM | |
| Revoe Learning Academy | Academy Sponsor Led | Good | 0.33 KM |
| Waterloo Primary Academy | Academy Converter | Good | 0.84 KM |
| Bfc School | Other Independent School | 0.94 KM | |
| Blackpool Gateway Academy | Academy Converter | Requires improvement | 0.97 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Mayor Avenue | £ 0 | 0 | 0.00 KM |
| Abacus Street | £ 0 | 0 | 0.00 KM |
| Ripon Road | £ 0 | 0 | 0.00 KM |
| Chadwick Street | £ 0 | 0 | 0.00 KM |
| Palatine Road | £ 124,142 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Blackpool South | 2740 | BPS | 1.33 KM |
| Blackpool North | 2739 | BPN | 1.96 KM |
| Blackpool Pleasure Beach | 2738 | BPB | 2.59 KM |
| Layton (Lancs) | 2669 | LAY | 3.35 KM |
| Squires Gate | 2666 | SQU | 3.47 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Bela Grove, Blackpool | £ 100,000 | BUY | Unknown | 0.01 KM |
| Bela Grove, Blackpool | £ 98,000 | BUY | Unknown | 0.01 KM |
| Levens Grove, Blackpool, Lancashire, FY1 | £ 80,000 | BUY | 6 / 10 | 0.07 KM |
| Levens Grove, Blackpool | £ 69,995 | BUY | Unknown | 0.07 KM |
| Condor Grove, Blackpool, Lancashire, FY1 | £ 150,000 | BUY | 7 / 10 | 0.16 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 40 Bela Grove | £ 118,000 | 0.04 KM |
| 37 Bela Grove | £ 59,000 | 0.04 KM |
| 43 Bela Grove | £ 118,000 | 0.04 KM |
| 58 Bela Grove | £ 72,000 | 0.04 KM |
| 38 Bela Grove | £ 95,000 | 0.04 KM |