Sold STC Terraced

118 PETER STREET

BLACKPOOL, BLACKPOOL FY1 3NN

3 beds 1 baths 94 m² Listed 21 Aug 2023 (-1064d)

£70,000

Guide Price

Reduced on 11 Sep 2023

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Listing type

Auction

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Property details

Listing category

Auction

Tenure

FREEHOLD

Floor area

94 m²

Council tax band

A

Last sold

£73,700 Dec 2023

Local average

£99,315 (-29.5%)

Deprivation

Decile 1 (16 of 33,755)

Street crime

1182 incidents within 1 mile (May 2026)

Key features

  • Turn of Century Terraced Home
  • Three Bedrooms, Two Reception Rooms
  • Extended Kitchen
  • Gas Central Heating Double Glazing
  • For Sale By Modern Auction – T & C’s Apply
  • Subject To Undisclosed Reserve Price
  • Buyers fees apply

Additional details

Garden
Yes

Description

WELCOME TO THIS CHARMING TURN-OF-THE-CENTURY MID-TERRACED HOUSE, OFFERING A WONDERFUL OPPORTUNITY FOR FIRST-TIME BUYERS OR SAVVY INVESTORS ALIKE.
Boasting three bedrooms and two reception rooms, this property provides ample space for comfortable living.

The house features an extension that houses a well-equipped fitted kitchen, perfect for culinary enthusiasts. Additionally, a bathroom completes the layout, ensuring convenience for all occupants.

Externally, the property boasts an attractive front garden, creating an inviting first impression. To the rear, a delightful patio garden awaits, providing a private sanctuary for outdoor relaxation.

Situated in a highly convenient location, this residence is positioned less than half a mile away from Blackpool town centre. Residents can effortlessly enjoy the vibrant city life, with an array of amenities, shops, and entertainment options nearby.

Although the house requires some decorative updating, it is in very nice condition and offers immense potential to create a personalized living space. Don’t miss out on this ideal first-time buy or investment opportunity. Contact us today to schedule a viewing and envision the possibilities that await.

Auctioneer Comments
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the
Auctioneer, iamsold Limited
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers
solicitor (for standard Grade 1 properties). This additional time allows buyers to proceed with mortgage finance (subject to lending criteria,
affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification
verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

Listed by

Blackpool

Countrywide UK Sales - Connells

Reference: 138875396

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

FLOOR-PLAN

FLOOR-PLAN

EPC Graphs

EPC Rating Graph

EPC Rating Graph

FENSA Certificates

This property has 1 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #5835777

Property Details

Street: 118 Peter Street

Town: BLACKPOOL

Postcode: FY1 3NN

Installation Details

Items: 4 windows and 1 door

Certificate Issued: 21/07/2008

Work Completed: 17/03/2008

This certificate data was retrieved from FENSA's database

What is FENSA? FENSA (Fenestration Self-Assessment Scheme) is a government-authorised scheme that monitors building regulation compliance for replacement windows and doors. Certificates indicate that work was completed by FENSA-approved installers.

Price history

Event Date Price % change
Sold 18/12/2023 (2 years ago) £73,700

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
Same street 104 PETER STREET, BLACKPOOL, FY1 3NN £85,000 30/01/2026 Terraced
32 FLAT 1 CAMBRIDGE ROAD, BLACKPOOL, FY1 3QQ £97,200 09/01/2026 Terraced
53 PETER STREET, BLACKPOOL, FY1 3NL £78,000 19/12/2025 Terraced
40 SELBOURNE ROAD, BLACKPOOL, FY1 3SA £82,000 11/11/2025 Terraced
21 CAMBRIDGE ROAD, BLACKPOOL, FY1 3QQ £97,000 29/08/2025 Terraced
55 DEVONSHIRE ROAD, BLACKPOOL, FY3 8DR £62,500 11/06/2025 Terraced
15 MANCHESTER ROAD, BLACKPOOL, FY3 8DN £77,000 04/04/2025 Terraced
Same street 85 PETER STREET, BLACKPOOL, FY1 3NN £87,500 11/12/2023 Terraced
39 CAMBRIDGE ROAD, BLACKPOOL, FY1 3QQ £112,376 27/10/2023 Terraced
126A GEORGE STREET, BLACKPOOL, FY1 3SF £129,000 20/10/2023 Terraced
124A GEORGE STREET, BLACKPOOL, FY1 3SF £128,000 20/10/2023 Terraced
46 DEVONSHIRE ROAD, BLACKPOOL, FY3 8AA £71,000 12/10/2023 Terraced
33 COLERIDGE ROAD, BLACKPOOL, FY1 3SD £100,000 11/10/2023 Terraced
42 CAMBRIDGE ROAD, BLACKPOOL, FY1 3QQ £123,000 22/09/2023 Terraced
46 DEVONSHIRE ROAD, BLACKPOOL, FY3 8AA £62,000 18/08/2023 Terraced
112 ELIZABETH STREET, BLACKPOOL, FY1 3LZ £97,000 31/07/2023 Terraced
37 OXFORD ROAD, BLACKPOOL, FY1 3QL £85,000 21/07/2023 Terraced
24 SELBOURNE ROAD, BLACKPOOL, FY1 3SA £95,000 31/05/2023 Terraced
15 OXFORD ROAD, BLACKPOOL, FY1 3QL £87,500 19/05/2023 Terraced
101 ELIZABETH STREET, BLACKPOOL, FY1 3LZ £85,000 16/05/2023 Terraced
61 PETER STREET, BLACKPOOL, FY1 3NL £93,500 31/03/2023 Terraced
46 SELBOURNE ROAD, BLACKPOOL, FY1 3SA £95,000 15/12/2022 Terraced
Same street 127 PETER STREET, BLACKPOOL, FY1 3NN £100,000 28/09/2022 Terraced
Same street 106 PETER STREET, BLACKPOOL, FY1 3NN £95,000 06/04/2022 Terraced
Same street 117 PETER STREET, BLACKPOOL, FY1 3NN £89,000 03/09/2021 Terraced

Street average: £91,300 (5 sales)

Area average: £92,854 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 17%
10y growth 30.2%

House Price Index (HM Land Registry — official index, not sold-price averages): Blackpool. Series: Terraced. As of April 2026.

1y (index) 5%
5y (index) 22.3%
10y (index) 47.9%

Rental Range

Estimated market rent for Blackpool. Low = conservative, Realistic = average, Optimistic = best case.

Low £634/mo
Realistic £704/mo
Optimistic £774/mo

Based on Local Authority from postcode lookup → Blackpool.

LHA (30th percentile) floor for Fylde Coast: £623/mo (Apr 2025 – Mar 2026)

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop Selbourne Mini-market 0.1 miles
Shop Candy Corner 0.1 miles
Bus stop Collingwood Avenue 0.3 miles
Bus stop Devonshire Road 0.3 miles
Train station Blackpool North 0.4 miles
Train station Layton 1.1 miles
Hospital The Harbour 2.5 miles
University Blackpool and The Fylde College 2.7 miles
Hospital Clifton Hospital 5.4 miles
University Blackpool & The Fylde College, Fleetwood Nautical Campus 5.5 miles

Street-level crime

Category Count
Violence and sexual offences 533
Anti-social behaviour 213
Public order 77
Criminal damage and arson 72
Other theft 66
Drugs 45
Vehicle crime 34
Other crime 32
Shoplifting 29
Possession of weapons 26
Burglary 24
Robbery 17
Bicycle theft 7
Theft from the person 7
Total incidents 1182

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Tower Learning Centre Independent School Other 0.1 miles Good — 21 Sep 2022
Devonshire Primary Academy Primary 0.1 miles (Inspected (no overall grade))
St Kentigern's Catholic Primary School Primary 0.2 miles Good — 12 Nov 2014
Blackpool St John's Church of England Primary School Primary 0.4 miles Good — 26 Jul 2012
Woodlands School Other 0.7 miles Good — 15 Oct 2013

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
3 Bed Terraced House, Sherbourne Road, FY1 £1,400/mo 3 0.57 miles OpenRent

Average rent: £1,400/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 2%
Max investor price (0.8%) £175,000
Target investor price (1%) £140,000
Gross yield 24%
Cost-to-rent ratio 4.2×
Monthly cashflow £959/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 56.7%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).