37 Kent Road, Blackpool, Lancashire, FY1 5HH

Description

A Vacant Two Bedroom Mid Terrace House. The property comprises a two bedroom mid terrace house arranged over ground and first floors.

Accommodation

Ground Floor: Two Reception Rooms, Kitchen. First Floor: Two Bedrooms, Bathroom. Exterior: Rear garden.

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Blackpool Beach are within easy reach. Transport links are provided by Blackpool South rail station.

Tenure / Property Information

Investment Analysis

Five HM Land Registry comparables on Kent Road sold for £52,000–£67,500 between September 2024 and April 2025. Their average sale price is £59,900, used as the indicative base GDV. Comparability is limited because bedroom numbers and condition are not supplied for the comparables or subject property.

Investment Snapshot

Strategy Recommendation

Proceed only subject to satisfactory legal-pack, condition and contractor-cost due diligence. Do not rely on the guide price or indicative GDV without confirming the property’s condition and resale/rental demand.

Works Required

No specific defects or refurbishment requirements are evidenced. A full survey, legal-pack review and contractor quotations are required before estimating works.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the indicative £59,900 base GDV, a 75% refinance would be approximately £44,925. However, refurbishment cost, total acquisition cost, finance costs and rent are unsupported, so cash left in and overall BRRR viability cannot be calculated.

Buy-to-Let Analysis

BTL viability cannot be established because no sufficiently specific rental evidence, auctioneer rent estimate or operating-cost information is provided. The property is vacant, so there is no passing rent.

Flip Analysis

The comparable sales support an indicative resale range of £52,000–£67,500, with a £59,900 base case. A flip surplus cannot be calculated because works, selling costs, finance costs and all applicable completion disbursements are unknown.

Investor Risks & Due Diligence

• Unknown condition and refurbishment requirement could materially reduce returns.

• No sufficiently specific rental evidence is available, preventing reliable BTL yield analysis.

• Comparable bedroom numbers and condition are not supplied, limiting GDV reliability.

• The £1,800 buyer administration charge is known, but additional disbursements and special-condition costs may apply.

• The property is vacant and no existing income is evidenced.

Recommendation

Proceed only subject to satisfactory legal-pack, condition and contractor-cost due diligence. Do not rely on the guide price or indicative GDV without confirming the property’s condition and resale/rental demand.

Strategy Rating

Analysis Confidence

There are several recent same-road completed sales, but the subject’s condition, comparable specifications, rent, refurbishment costs, finance costs and potential disbursements are not provided.