First Floor Flat, 142 Reads Avenue, Blackpool, FY1 4JJ

UPRN:100010827503Flat/Maisonette2 bedsBuilt -

LeaseholdCouncil Tax: -EPC: -

Data freshness:Listing· freshPlanning· 4mo agoOwnership· 1mo agoRisk· 5mo agoConnectivity· 1mo agoSchools· 1mo agoAmenities· 2mo agoArea· Census 2021

First Floor Flat, 142 Reads Avenue, Blackpool, FY1 4JJ

HP Score

/ 100

Mixed

Verdict

6 days ago

Verdict: INVESTIGATE, on a scale of Buy, Investigate, Avoid.
Mixed signals - investigate

Evidence

18 of 21 sources

Sale Estimate

£79,000

£75k - £83kHigh

Estimate

£79k

Range

£75k – £83k

Rent Estimate (pcm)

£450

£400 - £450

Monthly

£450

Yield

6.75%

Verdict

Derived from HomePortfolio scores

First Floor Flat earns an INVESTIGATE rating with HP Score 68/100. Investment score 59/100 reflects moderate fundamentals. Crime intensity is moderate. Walkability is excellent (93/100). Flood risk is not assessed: check the Environment Agency long-term flood map before offering. Tenure is leasehold. Every figure here comes from the live HomePortfolio API; anything it does not publish is left out.

Key SourcesPortal listingsOfcom Connected NationsOfcom mobile coverageMarket estimates (third-party AVM)Defra strategic noise mapping, England Round 4 (Contains Defra data © Crown copyright and database right 2023-2024, Open Government Licence v3.0)Walk ScoreONS Census 2021Police.ukHM Land Registry company ownershipHM Land Registry covenantsHM Land Registry leasesHM Land Registry Price PaidPlanIt / council planning portalsOverture Maps PlacesOfsted / DfE GIAS

HP Score

68/ 100

Mixed

Investment Score

59/ 100

Moderate

Crime Score

50/ 100

Elevated

Walkability

93/ 100

Excellent

Transit & Bike

Transit 48Bike 61

Walk Score, out of 100

Opportunity

Not scored as an opportunity

We will not put a number on this one.

listing is 'Sold subject to contract' - sale already progressing, not an actionable opportunity

Withholding a score is deliberate. A number built on missing or stale inputs would look more certain than the evidence allows.

Economics

What happens to your money

Your assumptions

Purchase price£80,000

At the asking price

Monthly rent£450/mo

Evidenced range £400-£450

Interest rate5.4%

Loan to value75%

Cash required: £25,300
Net cash flow: £42/mo
Cash on cash: 2.0%
Score at this price: -

After a 8% void allowance, 15% management and 10% maintenance. Lender coverage (rent ÷ interest): 1.67 - clears the usual 1.25 test. These are your assumptions, not evidence: only the pre-filled rent and price come from the record.

Risks

What could kill this deal

Score confidence is low
largely a single source - treat the number as a prompt, not a conclusion

Property risk deep-dive →flood, subsidence, crime, environment - the full domain

Plan

Before you offer

1. Commission a full structural survey, not a basic condition report.
The score prices market evidence, not the fabric of the building.

Every step above was generated from a specific gap or flag in the evidence - no generic advice, no invented tasks.

Valuation & Market

Sale Estimate£79,000

Rent Estimate (pcm)£450

Gross Yield6.75%

1y Growth-

3y Growth-0.8%

5y Growth+1.2%

10y Growth+2.9%

Last Sold Price-

View Market Details

Risk Overview

Flood RiskUnknown
SubsidenceModerate
RadonLow
MiningUnknown
LandslideLow
Air QualityLow
NoiseLow

View Full Risk Report

Planning Activity

Recent Apps

0FY1 4JJ

Approval Rate

-12mo

Development

low

26/0482
Display of digital LED screen behind shopfront
Pending
26/0473
External alterations including the installation of glazed shopfronts, cladding, render and additional glazing and use of premises as altered as indoor sport, recreation or fitness use (Use Class E(d)) with two food and drink units (Use Class E(b)) to front ground floor. (Application under section 73 of the Planning Act to vary condition 2 (variation of approved site layout plan showing revised EV charging provision) and condition 7, 8, 10 and 11 attached to planning permission 22/0019, which have previously been amended or discharged.)
Pending
26/0448
Installation of mezzanine floor and use of part of the premises as a cinema (sui generis) and alterations to rear elevation.
Pending

View Planning Timeline

Ownership

Corporate Ownership82.3%
Overseas OwnershipNo
Lease Term Remaining-
CovenantsRestrictive
Lease TypeLeasehold
Last Ownership Change-
SourceLand Registry

View Ownership Details

Connectivity

Broadband (Standard)

15 Mbps

Mobile 4G/5G Coverage

EEThreeO2Vodafone

EV Charger

PTAL Rating

View Connectivity Map

Area Profile

Median EarningsLocal authority£27,979

Population Density7,470 /km²

Owner Occupied39%

Age Distribution

0-15 12%16-64 65%65+ 23%

View Area Profile

Schools Nearby

Blackpool Skills Academy
0.2 mi
-
Tower Learning Centre Independent School
0.3 mi
Good
Blackpool St John's Church of England Primary School
0.3 mi
Area grades2025
Inspected after Ofsted withdrew the single overall grade.
St Kentigern's Catholic Primary School
0.4 mi
Inspected as St Kentigern's Catholic Primary School (URN 119599) on 11 Apr 2018

3 of 9 nearby schools with published figures were oversubscribed in 2026 - demand, not a catchment.

View All Schools

Comparables

View All

102 Reads Avenue
-
£170k
-
104 Reads Avenue
-
£123k
-
100 Reads Avenue
-
£105k
-
150 Reads Avenue
-
£107k
-

Boundary data not available for this property

No registered title polygon, building footprint, or street match for this property yet.

Why: No HMLR INSPIRE / OSM footprint / OS Open USRN match for this UPRN

Source: HM Land Registry INSPIRE / OpenStreetMap / OS Open USRN