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29 St. Peters Place, Fleetwood, Lancashire
Marketed by:
Auction House North West
311 Garstang Rd, Fulwood, Preston PR2 9XJ, UK
01772 772450
Four-Bedroom Leasehold Terraced House, Fleetwood
29 St. Peters Place, Fleetwood, Lancashire
Unsold
£175,000+
• 4 Bedrooms
• Terraced House
• Leasehold
• On-street parking
Description
Four Bedroom Mid Terrace House. The property comprises of hallway, lounge, dining room, kitchen/diner, four bedrooms, (master with ensuite), bathroom and basement. There are gardens front and rear and on street parking. The property is located in a picturesque town square opposite a church and well placed for shops, schools and transport links.
Accommodation
Hallway, lounge, dining room, kitchen/diner, four bedrooms including master bedroom with ensuite, bathroom and basement.
Location
Located in a picturesque town square opposite a church and well placed for shops, schools and transport links.
Tenure / Property Information
Tenure |
Leasehold |
Lease |
Title number: LAN26268. Length of Lease/Term: 999 years from 7th July 1864. Ground Rent: £2.05. |
Council Tax |
Band C |
Parking |
On-street parking |
Investment Analysis
The £175,000 guide is broadly consistent with the only supplied same-street comparable at £175,000, completed in 2014. Other same-street sales range from £81,500 to £150,000 but are from 2002–2004. These comparables are too dated to establish a current GDV. No condition, EPC, heating or current rental evidence is supplied.
Investment Snapshot
Guide Price |
£175,000 (plus fees) |
Strategy Recommendation
Do not bid on the supplied evidence alone. First verify current value, condition, rent, legal-pack disbursements and total auction costs.
Works Required
No specific works are evidenced. Obtain a full inspection and legal-pack review before budgeting for works.
Rental & Market Context
|
No sufficiently specific external rental comparable identified. |
|
Sold Comparables
The following completed sales were identified within approximately 5 miles:
|
21, St Peters Place, Fleetwood, Wyre, Fy7 6eb |
£175,000 |
|
21, St Peters Place, Fleetwood, Wyre, Fy7 6eb |
£78,000 |
|
37, St Peters Place, Fleetwood, Fleetwood, Wyre, Fy7 6eb |
£105,000 |
|
31, St Peters Place, Fleetwood, Fleetwood, Wyre, Fy7 6eb |
£150,000 |
|
35, St Peters Place, Fleetwood, Fleetwood, Wyre, Fy7 6eb |
£81,500 |
Potential BRRR Position
BRRR cannot be assessed reliably without a current GDV, refurbishment budget and market rent. The 999-year lease is long, but legal-pack terms and disbursements remain to be checked.
Buy-to-Let Analysis
BTL viability cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. Gross yield, operating costs and cash flow are therefore unsupported.
Flip Analysis
A flip surplus cannot be calculated because current resale value, works cost and selling costs are unsupported. The supplied sales evidence is materially dated.
Investor Risks & Due Diligence
• Current market value cannot be established from the dated comparable evidence.
• No rental evidence is available, preventing yield and cash-flow assessment.
• Property condition and refurbishment requirements are unknown.
• Legal-pack disbursements and other special-condition costs may be payable.
• The property is leasehold, so title and lease terms should be reviewed despite the stated long term.
• On-street parking only is stated.
Recommendation
Do not bid on the supplied evidence alone. First verify current value, condition, rent, legal-pack disbursements and total auction costs.
Strategy Rating
HB Rating |
★★☆☆☆ |
Analysis Confidence
Confidence |
Low |
Current valuation, condition, refurbishment costs, rent, EPC, heating and legal-pack disbursements are not supplied; comparable sales are dated.
Auction Details :
Auction House North West
Auction Date :
14/10/26
Lot Number :
29
Property Location:
29 St. Peters Place, Fleetwood, Lancashire
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