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House For Sale Rawcliffe Street, Blackpool, FY4

£5,000

Auction Property
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We appreciate the listed price showing isn’t necessarily the price you would buy this property for, as it is in auction. However, we hope some confidence can be gained from our system successfully being able to identify this as potentially below market value.

Key Features

  • Development / Conversion Opportunity
  • Two Storey Building In Need Of Complete Rebuilding
  • 50 Yards From The Beach And Sea Front
  • A Great Investment Opportunity
  • Epc Rating: N/a
Last Updated: 8th July 2020

Description

For sale by auction on Thursday 30th July 2020
At National Property Auction, The auction will be conducted by our auctioneer, Andrew Parker, behind closed doors and broadcast live online with remote bidding only. Please visit the homepage of our website to submit a bid.,
Commencing at 10:30 am

A development / conversion opportunity. Situated only 50 yards from the beach and sea front.

A two storey building in need of complete rebuilding but offering a development / conversion opportunity in to a stylish detached house subject to permissions. An artist impression is included for this.

Situated only 50 yards from the beach and sea front and only a few minutes walk to Blackpool South train station.

Close to numerous amenities including shops, bars and restaurants.

A great investment opportunity.

The auctioneers have not inspected the property internally and no internal viewings will be available prior to auction.

Agent Details
SDL Auctions Bigwood
Great Charles Street Queensway, Birmingham, B3 3LP
Show Contact Number
0121 233 5046

Forecast Score

Based on data and factors which historcally influence property prices this property has an overall score as:

Data Classified:
This property has been partially classified.
0.0

Forecast Report

Our predictive algorithms and data analysts; scan, compare and rank properties by future gains and current returns; helping you pick the perfect investment at a glance.

The following influencers contribute to our score:
  • Historical Data
  • Interest Rates
  • Mortgage Availability
  • Fiscal Policy
  • Recent Sold Prices
  • Housing Demand
  • Benchmarking Performance Against Other Asset Classes

Comparison with local sold prices

There is not enough data available
0

Profitability

Good rental demand in this area.
Compared to other property investments this gives a very poor return.
0

Interest Rates

Bank of England Base Rate:
0.1%
Current record low interest rates encourage house prices as it encourages people to borrow.
10

Mortgage Availability

Current moderate appetite for banks to lend mortgages will lead to steady house price growth.
5

Fiscal Policy

Stamp Duty:
£150
The governments recent policies including not to add additional tax to this property price band will be positive for future price growth.
10

Comparison with other investment alternatives

Investing in this property will give you a lower return when compared to other conservative investments.
0

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

One&Only Pro are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
This is the potential achievable yield.
Potential Return-on-Cash Invested