Sellmyhome.co.uk says ..
We welcome to the market a one bedroom ground floor apartment rented out to a long term tenant at £443.30 per calendar month which equates to over a 11% yield, a great investment opportunity. This modern apartment is situated close to Stanley Park & Victoria hospital and is to be sold with the te...
Property Oracle says ..
This one-bedroom apartment in Blackpool, located on Hornby Road, is listed for £45,000. The property’s location offers some advantages, with relatively close proximity to Blackpool North train station and several schools rated ‘Good’ by Ofsted. This is a positive aspect for potential buyers seeking a property in a convenient location. However, the interior of the property requires significant modernisation. The photos reveal a dated interior that needs refurbishment to improve its appeal. A lack of available information on the square footage and plot size makes it difficult to provide a full assessment of the value. Although the low price may be enticing, potential buyers need to budget for renovations and weigh this cost against the potential rental income, as highlighted in the comparable listing. The property might be suitable for investors seeking renovation projects with potential rental yields or for first-time buyers willing to take on renovations, however a lack of land and small property size are notable drawbacks. Thorough inspections and cost estimations are strongly advised before making a purchase decision.
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
- 1
- Bedrooms
- 1
- Bathrooms
- 1
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Metrics Year-on-Year
- Average area value
- 180,000.00 £Decreased by 46.31 %
- Average area rental value
- 1,025.00 £/moDecreased by 8.40 %
- Est rental Yield
- 6.83 %Increased by 70.32 %
- Crime Rate
- 28.00 %Unchanged by 0.00 %
Agent Activity
Sellmyhome.co.uk marked this listing as sold.
Sellmyhome.co.uk created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Blackpool St John'S Church Of England Primary School | Voluntary Aided School | Good | 0.72 KM |
| Bfc School | Other Independent School | 0.97 KM | |
| Revoe Learning Academy | Academy Sponsor Led | Good | 1.19 KM |
| Blackpool Gateway Academy | Academy Converter | Requires improvement | 1.25 KM |
| Revoe Children'S Centre | Children's Centre | 1.33 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Hamilton Court | £ 0 | 0 | 0.00 KM |
| Chapel Street | £ 0 | 0 | 0.00 KM |
| Princess Court | £ 105,000 | 0 | 0.00 KM |
| Princess Street | £ 63,333 | 0 | 0.00 KM |
| Chadwick Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Blackpool North | 2739 | BPN | 0.97 KM |
| Blackpool South | 2740 | BPS | 1.69 KM |
| Blackpool Pleasure Beach | 2738 | BPB | 2.86 KM |
| Layton (Lancs) | 2669 | LAY | 3.42 KM |
| Squires Gate | 2666 | SQU | 4.03 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Hull Road, Blackpool, Lancashire, FY1 | £ 85,000 | BUY | 4 / 10 | 0.09 KM |
| Block of 6 Flats Let Until 2065, Blackpool, FY1 | £ 549,800 | BUY | 5 / 10 | 0.11 KM |
| Coronation Street, Blackpool, Lancashire, FY1 4QE | £ 280,000 | BUY | 4 / 10 | 0.11 KM |
| Havelock Street, Blackpool, Lancashire, FY1 | £ 200,000 | BUY | 5 / 10 | 0.13 KM |
| Coronation Street, Blackpool, FY1 4QE | £ 17,000 | BUY | Unknown | 0.16 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 36 Vance Road | £ 100,000 | 0.05 KM |
| 30 Vance Road | £ 175,000 | 0.05 KM |
| 3 Vance Road | £ 96,000 | 0.05 KM |
| 8 Vance Road | £ 64,000 | 0.05 KM |
| 34 Hornby Road | £ 88,000 | 0.08 KM |