2 Bed Terraced House, Potential PLO/LOA, Thornton-Cleveleys, FY5 4JD, £90,000

4 Hapton Street, Thornton-cleveleys, Lancashire, FY5 4JD - 11 views - 9 months ago

Negative Equity
ROI: 11%
~68 m²
+10 photos

ValuationUndervalued

Sold Prices£62.5K - £250K
Sold Prices/m²£912/m² - £3.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.3K/m²

Value Estimate

£108,900
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£22,500

Stamp Duty & Legal Fees

£3,900

Total Cash In

£26,400

 

 

Cash Out

 

Rent Range

£525 - £975

Rent Estimate

£669

Running Costs/mo

£435

Cashflow/mo

£234

Cashflow/yr

£2,807

ROI

11%

Gross Yield

9%

Local Sold Prices

50 sold prices from £62.5K to £250K, average is £142K. £912/m² to £3.5K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£76K01/210.02 mi11, Rock Street, Thornton-cleveleys, Lancashire FY5 4JB2
£64.5K04/210.12 mi25, Butts Road, Thornton-cleveleys, Lancashire FY5 4HX2
£62.5K06/210.2 mi20, Willow Road, Thornton-cleveleys, Lancashire FY5 4GR2
£129K10/200.28 mi10, Kirkstone Avenue, Fleetwood, Lancashire FY7 8NN2
£113K05/210.37 mi154, Hawthorn Drive, Thornton-cleveleys, Lancashire FY5 4GU2
£117.5K01/210.37 mi156, Hawthorne Drive, Thornton-cleveleys, Lancashire FY5 4GU2
£153K05/210.38 mi31, Kildare Avenue, Thornton-cleveleys, Lancashire FY5 2RZ2
£132.5K08/210.47 mi32, Holmes Road, Thornton-cleveleys, Lancashire FY5 2SH2
£90K01/210.47 mi26, Holmes Road, Thornton-cleveleys, Lancashire FY5 2SH2
£94K04/210.48 mi17, Trunnah Gardens, Thornton-cleveleys, Lancashire FY5 4BT2
£140K05/230.48 mi12, Trunnah Gardens, Thornton-cleveleys, Lancashire FY5 4BT2
£145K11/210.53 mi17, Wharfedale Avenue, Thornton-cleveleys, Lancashire FY5 2SS2
£167.5K12/210.53 mi34, Wharfedale Avenue, Thornton-cleveleys, Lancashire FY5 2SS2
£110K06/210.53 mi20, Wharfedale Avenue, Thornton-cleveleys, Lancashire FY5 2SS2
£175K06/230.54 mi202, West Drive, Thornton-cleveleys, Lancashire FY5 2EL2
£155K01/230.6 mi18, Blenheim Drive, Thornton-cleveleys, Lancashire FY5 4PH2
£142K11/210.6 mi7, Byron Avenue, Thornton-cleveleys, Lancashire FY5 2HA2
£98.5K12/200.6 mi10, Longton Avenue, Thornton-cleveleys, Lancashire FY5 4BX2
£105.1K01/210.6 mi24, Longton Avenue, Thornton-cleveleys, Lancashire FY5 4BX2
£185K05/230.62 mi28, Tennyson Avenue, Thornton-cleveleys, Lancashire FY5 2ET2
£178.9K06/230.62 mi196, West Drive, Thornton-cleveleys, Lancashire FY5 2EJ2
£149.9K12/210.62 mi62, Waring Drive, Thornton-cleveleys, Lancashire FY5 2SP2
£153K09/210.62 mi12, Milton Avenue, Thornton-cleveleys, Lancashire FY5 2ER2
£225K08/210.63 mi2, Redwing Avenue, Thornton-cleveleys, Lancashire FY5 2BX2
£158.5K04/230.63 mi63, Waring Drive, Thornton-cleveleys, Lancashire FY5 2SW2
£139.9K05/210.63 mi65, Waring Drive, Thornton-cleveleys, Lancashire FY5 2SW2
£235K08/210.65 mi8, Heron Close, Thornton-cleveleys, Lancashire FY5 2JJ2
£190K06/230.65 mi24, Bardsway, Thornton-cleveleys, Lancashire FY5 2HB2
£140K10/220.65 mi122, Lawsons Road, Thornton-cleveleys, Lancashire FY5 4PW2
£130K01/230.66 mi7, Eversleigh Avenue, Thornton-cleveleys, Lancashire FY5 2EN2
£85K03/210.66 mi4, Farm Close, Thornton-cleveleys, Lancashire FY5 4HZ2
£130K05/210.68 mi1, Coleridge Avenue, Thornton-cleveleys, Lancashire FY5 2EP2
£135K12/220.68 mi25, Roscoe Avenue, Thornton-cleveleys, Lancashire FY5 4FW2
£176.5K01/230.69 mi20, Masefield Avenue, Thornton-cleveleys, Lancashire FY5 2ES2
£160K06/230.7 mi9, Glenmore Avenue, Thornton-cleveleys, Lancashire FY5 4NY2
£167K04/230.7 mi28, Glenmore Avenue, Thornton-cleveleys, Lancashire FY5 4NY2
£104K06/210.71 mi28, Grange Avenue, Thornton-cleveleys, Lancashire FY5 4PA2
£142K08/230.71 mi10, Grange Avenue, Thornton-cleveleys, Lancashire FY5 4PA2
£160K06/230.72 mi7, Browning Avenue, Thornton-cleveleys, Lancashire FY5 2HF2
£127.5K11/220.74 mi65, Sandwell Avenue, Thornton-cleveleys, Lancashire FY5 4FN2
£155K04/210.75 mi3, Burns Avenue, Thornton-cleveleys, Lancashire FY5 2SZ2
£126K05/230.75 mi10, Branksome Avenue, Thornton-cleveleys, Lancashire FY5 2EW2
£135K01/210.75 mi14, Branksome Avenue, Thornton-cleveleys, Lancashire FY5 2EW2
£163K11/210.77 mi19, Grasmere Avenue, Thornton-cleveleys, Lancashire FY5 4AZ2
£132.5K03/210.77 mi8, Berwick Avenue, Thornton-cleveleys, Lancashire FY5 2JT2
£185K05/230.77 mi14, Berwick Avenue, Thornton-cleveleys, Lancashire FY5 2JT2
£165K08/230.77 mi15, Berwick Avenue, Thornton-cleveleys, Lancashire FY5 2JT2
£250K11/220.77 mi8, Elderberry Close, Thornton-cleveleys, Lancashire FY5 2ZB2
£240K12/200.78 mi135, West Drive, Thornton-cleveleys, Lancashire FY5 2EG2
£190K01/230.78 mi8, Brampton Avenue, Thornton-cleveleys, Lancashire FY5 2JY2

Local Rents

14 rents from £525/mo to £975/mo, average is £763/mo.

RentDateDistanceAddressBeds 
£52504/240.12 miButts Road, Thornton-Cleveleys, Lancashire, FY52
£89502/240.34 mi-2
£95005/240.37 miWest Drive, Thornton-Cleveleys2
£89503/240.39 mi-2
£65012/240.51 mi-2
£65004/240.51 miTrunnah Road, Thornton-Cleveleys, Lancashire, FY52
£97504/240.53 mi8 Ruskin Avenue, Thornton-Cleveleys, Lancashire, FY52
£70001/250.54 mi-2
£72503/250.56 mi-2
£89504/240.57 miKeepers Hey, Thornton-Cleveleys2
£75004/240.59 mi-2
£85005/240.6 mi-2
£72504/240.6 mi-2
£77504/240.6 miLongton Avenue, Thornton-Cleveleys, FY52

Local Area Statistics

Population in FY5

44,800

Town centre distance

0.77 miles away

Nearest school

0.30 miles away

Nearest train station

2.71 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+2%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Listed for £90,000

-9%

July 16, 2024

Sold for £98,000

2007

Sold for £80,950

2005

Sold for £43,000

2002

Sold for £32,500

1996

Floor Plans

Description

SPACIOUS Two bedroom mid terrace situated on Hapton Street, Thornton. The property is located within easy access of local shops, schools and bus routes and features generous room sizes throughout and a south facing rear yard . Briefly comprising: porch, lounge, kitchen, landing, two bedrooms, bathroom and rear yard.

PORCH
UPVC double glazed door to front aspect.

LOUNGE
15'2 x 13'3 (4.62 x 4.05)
UPVC double glazed window to the front aspect, meter cupboard, tv point and radiator.

KITCHEN
11'9 x 11'3 (3.59 x 3.43)
UPVC double glazed window and door to rear aspect, Fitted kitchen with a range of base units and complementary work surfaces, integrated oven with extractor over, space for fridge freezer, plumbed for washing machine, space for dishwasher, stainless steel sink with mixer tap, radiator, storage cupboard and stairs to first floor.

LANDING
Loft access.

BEDROOM ONE
14'11 x 13'3 (4.55 x 4.05)
UPVC double glazed window to the front aspect and radiator.

BEDROOM TWO
11'5 x 5'11 (3.48 x 1.81)
UPVC double glazed window to the rear aspect and radiator.

BATHROOM
8'4 x 4'11 (2.53 x 1.49)
UPVC double glazed window to rear aspect, fitted three piece suite briefly comprising: Bath with mixer tap and shower over, wash hand basin, low flush wc, storage cupboard and radiator.

EXTERNAL

REAR
Enclosed rear courtyard with gate to the rear.

TENURE
We have been informed that the property is freehold; prospective purchasers should seek clarification of this from their solicitors.

VIEWINGS
Viewings are strictly by appointment through the agents office.

All measurements are approximate and for illustrative purposes only. Digital images are reproduced for general information only and must not be inferred that any item shown is included for sale with the property. We have been unable to confirm if services / items in the property are in full working order. The property is offered for sale on this basis. Prospective purchasers are advised to seek expert advice where appropriate.

Agent Details

The Square Room, Fylde Coast

01253 835668

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪