3 Bed Semi-Detached House, Single Let, Thornton-Cleveleys, FY5 1RH, £130,000

Buckley Crescent, Thornton-cleveleys, FY5 1RH - 4 views - a year ago

Auction
BTL
ROI: 7%
~78 m²
+7 photos

ValuationUndervalued

Sold Prices£85K - £408K
Sold Prices/m²£930/m² - £2.9K/m²

 

 

Square Metres

~78.20 m²
Price/m²£1.7K/m²

Value Estimate

£138,060
BMV6%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£5,100

Total Cash In

£37,600

 

 

Cash Out

 

Rent Range

£695 - £1,100

Rent Estimate

£825

Running Costs/mo

£591

Cashflow/mo

£234

Cashflow/yr

£2,805

ROI

7%

Gross Yield

8%

Local Sold Prices

50 sold prices from £85K to £408K, average is £168.5K. £930/m² to £2.9K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£171K12/200.07 mi8, Wilson Square, Thornton-cleveleys, Blackpool FY5 1RF3
£225K04/230.07 mi47, Wilson Square, Thornton-cleveleys, Blackpool FY5 1RF3
£152K03/230.12 mi162, Fleetwood Road, Thornton-cleveleys, Blackpool FY5 1RD3
£170K04/230.15 mi257, Norbreck Road, Blackpool FY5 1PE3
£177K12/210.17 mi5, Derwent Place, Thornton-cleveleys, Blackpool FY5 3HA3
£185K10/210.18 mi227, Fleetwood Road, Thornton-cleveleys, Blackpool FY5 1RA3
£185K01/210.18 mi19, Norkeed Road, Thornton-cleveleys, Blackpool FY5 1QE3
£151.3K02/230.2 mi18, Wilvere Drive, Thornton-cleveleys, Blackpool FY5 1QA3
£120K03/210.21 mi11, Wimbledon Avenue, Thornton-cleveleys, Blackpool FY5 1SA3
£175K07/230.22 mi345, Norbreck Road, Thornton-cleveleys, Blackpool FY5 1PB3
£161K06/230.23 mi56, Mossom Lane, Thornton-cleveleys, Blackpool FY5 3AA3
£115K08/210.23 mi76, Wingate Avenue, Thornton-cleveleys, Blackpool FY5 3HE3
£108K12/200.23 mi20, Wingate Avenue, Thornton-cleveleys, Blackpool FY5 3HE3
£305K06/230.23 mi5, Shore Road, Thornton-cleveleys, Blackpool FY5 1PF3
£180K04/230.23 mi10, Shore Road, Thornton-cleveleys, Blackpool FY5 1PF3
£140K10/210.24 mi2, Wingate Place, Thornton-cleveleys, Blackpool FY5 3HD3
£151K08/230.25 mi41, Gretna Crescent, Thornton-cleveleys, Blackpool FY5 1NX3
£200K07/230.26 mi41, Clovelly Avenue, Thornton-cleveleys, Blackpool FY5 1RU3
£220K10/210.28 mi250, Fleetwood Road, Thornton-cleveleys, Blackpool FY5 1NL3
£165K08/230.28 mi100, Lyddesdale Avenue, Anchorsholme, Thornton-cleveleys, Blackpool FY5 3EL3
£315K10/210.29 mi671, Devonshire Road, Blackpool FY2 0AE3
£265K07/210.29 mi103, Fleetwood Road, Thornton-cleveleys, Blackpool FY5 1SB3
£175K04/230.3 mi3, Winsford Crescent, Thornton-cleveleys, Blackpool FY5 1PS3
£408K06/230.31 mi418, Queens Promenade, Thornton-cleveleys, Blackpool FY5 1QT3
£266.9K06/210.31 mi444, Queens Promenade, Thornton-cleveleys, Blackpool FY5 1QT3
£115K07/210.32 mi6, North Drive, Thornton-cleveleys, Blackpool FY5 3AQ3
£129K03/210.33 mi58, Kelvin Road, Thornton-cleveleys, Blackpool FY5 3AF3
£93K11/200.33 mi12, Kelvin Road, Thornton-cleveleys, Blackpool FY5 3AF3
£175K06/210.33 mi5, Maplewood Drive, Thornton-cleveleys, Blackpool FY5 1PN3
£217K11/210.33 mi65, Maplewood Drive, Thornton-cleveleys, Blackpool FY5 1PW3
£182K05/210.33 mi39, Maplewood Drive, Thornton-cleveleys, Blackpool FY5 1PW3
£121K12/210.35 mi8, Valeway Avenue, Thornton-cleveleys, Blackpool FY5 3ER3
£119K03/210.35 mi24, Valeway Avenue, Thornton-cleveleys, Blackpool FY5 3ER3
£250K10/210.35 mi564, Queens Promenade, Thornton-cleveleys, Blackpool FY5 1PH3
£149K04/210.36 mi101, Kirkstone Drive, Thornton-cleveleys, Blackpool FY5 1QL3
£135K12/220.37 mi31, Maida Vale, Thornton-cleveleys, Blackpool FY5 1NP3
£142.3K11/210.37 mi67, Lyddesdale Avenue, Anchorsholme, Thornton-cleveleys, Blackpool FY5 3EJ3
£123K10/210.4 mi30, Maida Vale, Thornton-cleveleys, Blackpool FY5 1NW3
£130K02/210.42 mi2, Redeswood Avenue, Thornton-cleveleys, Blackpool FY5 3QS3
£170K02/210.42 mi2, Duncan Avenue, Blackpool FY2 9DB3
£153K11/210.45 mi310, North Drive, Thornton-cleveleys, Blackpool FY5 3RD3
£115K02/210.45 mi314, North Drive, Thornton-cleveleys, Blackpool FY5 3RD3
£126.8K02/210.45 mi305, North Drive, Thornton-cleveleys, Blackpool FY5 3RD3
£185K06/230.45 mi10, Deerhurst Road, Thornton-cleveleys, Blackpool FY5 3HG3
£170K02/210.45 mi48, Deerhurst Road, Thornton-cleveleys, Blackpool FY5 3HG3
£220K06/230.45 mi30, Deerhurst Road, Thornton-cleveleys, Blackpool FY5 3HG3
£177.5K06/230.45 mi5, Lakewood Avenue, Thornton-cleveleys, Blackpool FY5 3ET3
£167K05/210.46 mi1, Wray Grove, Thornton-cleveleys, Blackpool FY5 3QT3
£149.5K03/210.46 mi8, Wray Grove, Thornton-cleveleys, Blackpool FY5 3QT3
£85K02/210.48 mi14, Bleasdale Avenue, Thornton-cleveleys, Blackpool FY5 3QZ3

Local Rents

13 rents from £695/mo to £1.1K/mo, average is £875/mo.

RentDateDistanceAddressBeds 
£85001/250.05 mi-3
£92504/240.16 miKirkstone Drive, Thornton-Cleveleys, Lancashire, FY53
£87504/250.26 mi-3
£90002/240.32 mi-3
£1,00004/240.33 miMaplewood Drive, Thornton-Cleveleys, Lancashire, FY53
£87512/230.34 mi-3
£87504/240.38 miWarren Grove, Thornton-Cleveleys3
£89504/240.39 miWarren Grove, Thornton-Cleveleys, FY5 3TX3
£82512/240.51 mi-3
£82505/240.51 miThornton-Cleveleys, Thornton-Cleveleys, FY53
£1,10005/240.57 miRivington Avenue, Bispham, Blackpool3
£69504/240.58 miDales View, Queens Promenade, Blackpool, FY2 9AB3
£95002/250.61 mi-3

Local Area Statistics

Population in FY5

44,800

Town centre distance

1.43 miles away

Nearest school

0.20 miles away

Nearest train station

2.04 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+2%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Listed for £130,000

November 3, 2023

Sold for £85,000

2002

Sold for £50,000

1998

Floor Plans

Description

  • Being Sold By GOTO Online Auction +
  • Buyer’S Fees Apply, Buy-It-Now Option Available +
  • Close To Cleveleys Centre & The Beach +
  • Three Bedroom Semi Detached House +
  • Local Amenities, Schools & Public Transport Links +
  • Two Reception Rooms +
  • Generously Sized Family Bathroom +
  • Driveway & Garage +
  • South Facing Two Tier Garden +
  • No Chain +

The Property
Fantastic opportunity to purchase this Three bedroom semi detached house situated in a highly sought after and established residential location of Cleveleys. The property benefits from excellent local amenities, public transport links & schools for all ages close by. As well as that, the property sits within close distance to the promenade, Cleveleys centre with its bars and eateries & offers easy access into Poulton & Blackpool.

The property briefly at a glance to the ground floor consists of; Entrance hallway, Lounge, Second reception room & Fitted modern kitchen.
To the first floor, we have Three bedrooms & a substantial sized Three piece family bathroom.
Externally, we have a generously sized South facing rear garden, which is set in Two parts. We have a raised paved seating area and as you follow the garden through, we have laid lawn towards the end. Detached garage & driveway for multiple vehicles.

The property benefits from UPVC double glazing, Gas central heating & is offered with no onward chain.
Material information:
The information above has been provided by the vendor, agent and GOTO Group and may not be accurate. Please refer to the property’s Legal Pack. (You can download this once you have registered your interest against the property). This pack provides material information which will help you make an informed decision before proceeding. It may not yet include everything you need to know so please make sure you do your own due diligence as well.

Property Description
Being Sold by GOTO Online Auction

Starting Bids from £140,000

Buy it now option available

Please call or visit Purplebricks Online Auctions for more information.

This property is for sale by Online Auction. The Online Modern Method of Auction is a flexible buyer friendly method of purchase. The purchaser will have 56 working days to exchange and complete once the draft contract has been issued by the vendors solicitor. Allowing the additional time to exchange and complete on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer with be required to put down a non-refundable reservation fee. The fee will be a fixed fee including the Vat, this secures the transaction and takes the property off the market. The buyer will be required to agree to our terms and conditions prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found on the online Auction website or requested from our Auction Department.

Please note this property is subject to an undisclosed Reserve Price which is typically no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Our primary duty of care is to the vendor. Terms and conditions apply to the Modern Method of Auction, which is operated by GOTO Auctions.

To book a viewing visit Purplebricks.

General Information
This property is for sale by Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer but will be given 56 working days in which to complete the transaction, from the date the Draft Contract is issued by the seller’s solicitor. By giving a buyer time to exchange contracts on the property, means normal residential finance can be sorted.

The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer reserve the property to the buyer during the Reservation Period and are paid in addition to the purchase price and are considered within calculations for Stamp Duty Land Tax. Further clarification on this must be sought from your legal representative. The buyer will be required to sign a Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Info Pack which can be downloaded for free from our website or requested from our Auction Department.

Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyer’s Premium of 3.6% of the purchase price including VAT and a Legal Pack fee of £372 including VAT (this is subject to a minimum amount of £6,600 including VAT and a Legal Pack Fee of £372 including VAT). This secures the transaction and takes the property off the market.

Buyer's Administration Charge
If the Buyer Information Pack has been produced and provided by GOTO Group any successful purchaser will be required to pay £372.00 (including VAT) towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.

Buyer Fees
Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland.

Disclaimer for virtual viewings

Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing. If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.

Agent Details

Purplebricks, covering Fylde Coast

020 3905 6979

Next Steps?

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