Duncan Raistrick says ..
' EXCELLENT INVESTMENT OPPORTUNITY ' Close to Bispham Village a large 6 bed mid terrace split into 5 self contained units with long standing tenants producing an income of £25,700 annually. It is a super investment and is council tax band A
Property Oracle says ..
This six-bedroom mid-terraced property in Bispham, Blackpool, presents itself as a mixed-use opportunity. Currently configured as five self-contained units, generating a reported annual income of £25,700, it holds potential as an investment property. The location in Bispham offers proximity to schools, transport, and local amenities, which adds to its appeal, especially for students or those looking for rental opportunities.
However, the property’s condition needs attention. The photographs reveal dated décor, worn furnishings, and an overall need for modernisation. Potential buyers should budget for refurbishment costs, possibly impacting the return on investment for those purchasing with the intention of renting out. The lack of specified square footage data hinders a precise valuation, but it appears that the asking price is within a reasonable range of nearby listings, acknowledging its current condition and income generation potential. Further investigation into the structural soundness and necessary repairs would be advisable before purchase. The absence of substantial land or outdoor space should also be considered a drawback.
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
- 6
- Condition
- 4
- Location
- 7
- Land
- 1
- Bedrooms
- 6
- Bathrooms
- 0
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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
- 19.00 %Unchanged by 0.00 %
Agent Activity
Duncan Raistrick created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Westcliff Primary Academy | Academy Converter | Good | 1.23 KM |
| Langdale Free School | Free Schools | Good | 1.29 KM |
| St Cuthbert'S Children'S Centre | Children's Centre | 1.29 KM | |
| Bispham Endowed Church Of England Primary School | Voluntary Controlled School | Good | 1.34 KM |
| St Bernadette'S Catholic Primary School | Voluntary Aided School | Good | 1.43 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Carlton Grove | £ 0 | 0 | 0.00 KM |
| Cliff Court | £ 55,000 | 0 | 0.00 KM |
| Norbreck Court | £ 0 | 0 | 0.00 KM |
| Argyll Court | £ 172,500 | 0 | 0.00 KM |
| Norkeed Court | £ 97,950 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Layton (Lancs) | 2669 | LAY | 2.84 KM |
| Blackpool North | 2739 | BPN | 3.03 KM |
| Blackpool South | 2740 | BPS | 5.61 KM |
| Poulton-Le-Fylde | 2671 | PFY | 6.74 KM |
| Blackpool Pleasure Beach | 2738 | BPB | 6.80 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Hesketh Avenue, FY2 | £ 224,995 | BUY | 4 / 10 | 0.00 KM |
| Hesketh Avenue, BLACKPOOL, Lancashire, FY2 | £ 250,000 | BUY | 7 / 10 | 0.00 KM |
| Hesketh Avenue Preston FY2 9JX | £ 165,000 | BUY | 5 / 10 | 0.01 KM |
| Hesketh Avenue, Bispham, Blackpool, FY2 9JX | £ 140,000 | BUY | Unknown | 0.04 KM |
| Hesketh Avenue, Bispham, Blackpool, FY2 9JX | £ 140,000 | BUY | 4 / 10 | 0.04 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 31 Hesketh Avenue | £ 120,000 | 0.00 KM |
| 21 Hesketh Avenue | £ 95,000 | 0.00 KM |
| 5 Hesketh Avenue | £ 49,500 | 0.00 KM |
| 55 Hesketh Avenue | £ 169,000 | 0.00 KM |
| 56 Hesketh Avenue | £ 115,000 | 0.00 KM |