# 2 bedroom house for sale (FY1 3NN)

## Property Details

| Key | Value |
|-----|-------|
| Address | Peter Street, Blackpool, Lancashire, FY1 3NN |
| Price | £89,950 |
| Bedrooms | 2 |
| Last sold | £85,000 |

## Description

Requires modernisation two bedroom terraced house offering no chain. The property offers gas central heating, four piece bathroom suite and two reception rooms. The home is also located close to all amenities including shops, schools, bus routes and Blackpool town centre.

The property comprises:- Lounge, dining room, kitchen, two bedrooms, large bathroom, yard to front and rear.

**Dimensions**

Bedroom 1:

Bedroom 2:

Reception 1:

Reception 2:

Kitchen:

15'2 x 12'4

14'5 x 9'2

15'5 x 11'3

14'3 x 11'8

10'5 x 9'1

## Property Photos

- ![Photo](/listings/photos/16138151/1350113)

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| [Same street] 104 PETER STREET, BLACKPOOL, FY1 3NN | £85,000 | 30/01/2026 | Terraced |
| PETERS BUILDINGS DEVONSHIRE ROAD, BLACKPOOL, FY3 8BN | £175,000 | 01/03/2025 | Other |
| [Same street] 118 PETER STREET, BLACKPOOL, FY1 3NN | £73,700 | 18/12/2023 | Terraced |
| [Same street] 85 PETER STREET, BLACKPOOL, FY1 3NN | £87,500 | 11/12/2023 | Terraced |
| 132 GEORGE STREET, BLACKPOOL, FY1 3SF | £50,000 | 28/11/2022 | Other |
| [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 |
| 67 FLAT CAUNCE STREET, BLACKPOOL, FY1 3NE | £80,000 | 18/02/2022 | Other |
| 47 DEVONSHIRE ROAD, BLACKPOOL, FY3 8DS | £260,000 | 12/11/2021 | Other |
| ASSOCIATION HOUSE, 118 MANCHESTER ROAD, BLACKPOOL, FY3 8DP | £120,000 | 29/10/2021 | Other |
| [Same street] 117 PETER STREET, BLACKPOOL, FY1 3NN | £89,000 | 03/09/2021 | Terraced |
| 75 - 77 CAUNCE STREET, BLACKPOOL, FY1 3NE | £10,001 | 22/07/2021 | Other |

**Street average:** £88,367 (6 sales)
**Area average:** £115,834 (6 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £134,342 (19 Other, FY1, 2024–2026)
- **Deviation:** -33%

## Rental Range

*ONS Price Index of Private Rents (Blackpool). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £634/mo
- **Realistic:** £704/mo
- **Optimistic:** £774/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Fylde Coast (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £541/mo

## 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 |
|------|------|------|------|------|
| 2 Bed Terraced House, Laburnum Street, FY3 | £2,500/mo | 2 | 0.37 miles | OpenRent |

**Average rent: £2,500/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 2.78% (strong)
- **Max investor price (0.8%):** £312,500
- **Target investor price (1%):** £250,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £2,500/mo).*

- **Gross yield:** 33.4%
- **Cost-to-rent:** 3×
- **Monthly cashflow:** £1,871/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 86.1%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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).*

## Capital growth trend

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

- **5y growth:** -27.5%
- **10y growth:** 6%

## House Price Index (HM Land Registry)

*Official index for Blackpool; All dwelling types series; as of April 2026.*

- **1y growth (index):** 4.5%
- **5y growth (index):** 20.9%
- **10y growth (index):** 44.9%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)