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Nethway Avenue, Blackpool, FY3

North West

£125,000
Listed on 17/06/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
661 sqft

Description

This semi-detached house features three bedrooms and is situated in a desirable area, making it an appealing choice for both first-time buyers and savvy investors. The property is conveniently located near Kingscote Park, offering easy access to green spaces for outdoor activities, as well as being in close proximity to Stanley Park, Blackpool Victoria Hospital, and several local schools. Upon entering, you are greeted by a hallway that leads to a comfortable lounge, ideal for relaxation. The open-plan kitchen and dining area is designed with functionality in mind and includes patio doors that open up to the garden, creating a seamless connection between indoor and outdoor spaces. The upstairs layout comprises three bedrooms along with a three-piece bathroom suite, providing adequate accommodation for families or those needing extra space. This property offers significant renovation potential; its interior serves as a blank canvas awaiting customization to meet personal tastes and preferences. A recent upgrade includes the replacement of the boiler in 2023, which points to proactive maintenance within the home. The outdoor space presents additional possibilities for enhancement, whether you envision creating a tranquil garden retreat or an entertaining area tailored to your specifications. With no onward chain involved in the sale, this property stands out as an excellent investment opportunity in an attractive location.

Investment Analysis

(FY3 area)

Above Market Value

This property is priced +18.3% above area average per sq ft

+18.3%
This Property
£189/sq ft
Area Average
£160/sq ft
Avg Rent (weekly)
£167
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£116,227
10% above area average per sq ft
Potential ROI
-29.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (FY3)

Area prices are rising by +4.3% over the last 12 months
3 year growth: 6.1%
5 year growth: 16.8%
Investment Disclaimer: Analysis based on FY3 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Nethway Avenue, Blackpool, FY3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£458
Based on a loan of £93,750 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE