2 Bed Flat, Single Let, Thornton-Cleveleys, FY5 1DQ, £75,000

Coronation Road, Thornton-Cleveleys, FY5 1DQ - 7 months ago

Leasehold
BTL
ROI: 12%
~60 m²
+1 photos

ValuationUndervalued

Sold Prices£47K - £206.4K
Sold Prices/m²£922/m² - £2.6K/m²

 

 

Square Metres

~60.10 m²
Price/m²£1.2K/m²

Value Estimate

£91,500
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£18,750

Stamp Duty & Legal Fees

£3,450

Total Cash In

£22,200

 

 

Cash Out

 

Rent Range

£595 - £1,295

Rent Estimate

£603

Running Costs/mo

£375

Cashflow/mo

£228

Cashflow/yr

£2,736

ROI

12%

Gross Yield

10%

Local Sold Prices

27 sold prices from £47K to £206.4K, average is £130K. £922/m² to £2.6K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£175K12/220.06 miFlat 3, Grosvenor Court, Ellerbeck Road, Thornton-cleveleys, Lancashire FY5 1TD2
£195K10/210.09 mi309, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£199.9K06/230.09 mi313, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£179.9K12/220.09 mi207, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£120K03/210.09 mi204, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£135K11/200.09 mi202, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£149K02/210.09 mi109, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£150K02/210.09 mi1, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£130K05/210.09 mi2, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£151K10/200.09 mi103, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£206.4K09/220.09 mi304, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£47K07/210.21 mi97f, Beach Road, Thornton-cleveleys, Lancashire FY5 1EW2
£101K04/230.27 mi20, Sandy Close, Thornton-cleveleys, Lancashire FY5 1FF2
£97K04/230.27 mi4, Sandy Close, Thornton-cleveleys, Lancashire FY5 1FF2
£75K06/210.34 mi44b, Beach Road, Thornton-cleveleys, Lancashire FY5 1EQ2
£120K07/230.38 mi123, Sovereign Court, Thornton-cleveleys, Blackpool FY5 3PH2
£92K01/210.38 mi102, Sovereign Court, Thornton-cleveleys, Blackpool FY5 3PH2
£150K11/200.46 mi18, Beechwood Drive, Thornton-cleveleys, Lancashire FY5 5EH2
£175K12/200.73 mi2, East Court, Thornton-cleveleys, Lancashire FY5 1JS2
£109K11/210.77 miFlat 7, Oakleaf Court, Cleveleys Avenue, Thornton-cleveleys, Lancashire FY5 2NX2
£108K12/220.8 mi26, Gorse Avenue, Thornton-cleveleys, Lancashire FY5 2PJ2
£130K10/200.84 miFlat 13, Wilvere Court, Queens Promenade, Thornton-cleveleys, Blackpool FY5 1PG2
£130K10/200.84 miFlat 17, Wilvere Court, Queens Promenade, Thornton-cleveleys, Blackpool FY5 1PG2
£117.3K11/200.84 miFlat 2, Wilvere Court, Queens Promenade, Thornton-cleveleys, Blackpool FY5 1PG2
£126K04/210.84 miFlat 32, Wilvere Court, Queens Promenade, Thornton-cleveleys, Blackpool FY5 1PG2
£94K12/200.93 mi17, Pochard Place, Thornton-cleveleys, Lancashire FY5 3FH2
£97K01/230.98 mi84a, Eastpines Drive, Thornton-cleveleys, Blackpool FY5 3RZ2

Local Rents

21 rents from £595/mo to £1.3K/mo, average is £725/mo.

RentDateDistanceAddressBeds 
£72504/240.03 miVictoria Road West, Thornton-Cleveleys, Lancashire, FY52
£1,29504/250.06 mi-2
£1,25003/250.06 mi-2
£60012/240.09 mi-2
£75012/240.1 mi-2
£70004/240.15 mi5 Crescent West, Cleveleys. FY5 1AB2
£71312/240.15 mi-2
£69503/250.16 mi-2
£86504/240.25 mi-2
£86003/250.25 mi-2
£75004/240.27 miPLEASE PHONE FOR VIEWINGS - Victoria Road West, Thornton-Cleveleys2
£67501/240.28 mi-2
£77503/250.28 mi-2
£85001/250.28 mi-2
£85001/250.28 mi-2
£77502/250.28 mi-2
£67505/240.31 miSt. Davids Court, St. Davids Avenue, Cleveleys2
£62504/240.37 mi-2
£65004/240.37 mi-2
£59502/240.4 mi-2
£67501/250.48 mi-2

Local Area Statistics

Population in FY5

44,800

Town centre distance

1.26 miles away

Nearest school

0.40 miles away

Nearest train station

2.98 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+2%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Listed for £75,000

August 31, 2024

Floor Plans

Description

  • Conveniently Located First Floor Flat +
  • Shared Entrance Vestibule +
  • Bay Fronted Lounge +
  • Fitted Kitchen +
  • Master Bedroom with Fitted Wardrobes +
  • 2nd Floor Double Bedroom +
  • 2 Piece Shower Room, Separate WC +
  • uPVC Double Glazing Throughout +
  • Gas Central Heating +
  • SOLD WITH NO ONWARD CHAIN +

This Delightful First Floor Flat is situated on Coronation Road just off Promenade South, Cleveleys. Running parallel to Victoria Road West, this property is very conveniently located for Local Shops and Public Transport as well as very Easy Access to the Seafront and other Local Amenities!  The accommodation is accessed via a Shared Entrance Vestibule and briefly comprises of an Inner Hallway, Bay Fronted Lounge, Fitted Kitchen, Master Bedroom with Fitted Wardrobes, 2 Piece Shower Room, Separate WC and Second Floor Bedroom. The property not only benefits from its Location but also from a Gas Central Heating system and uPVC Double Glazing throughout! First Floor **Inner Hallway ** UPVC opaque double-glazed window to side, double radiator, stairs leading down to entrance Lounge 4.03m (13'3") max x 3.10m (10'2") UPVC double glazed bay window to front, radiator Kitchen 2.35m (7'9") x 2.23m (7'4") Fitted with a matching range of base and eye level units with round edged worktops, stainless steel sink unit with single drainer and mixer tap, plumbing for washing machine, space for fridge and cooker, uPVC double glazed window to front Master Bedroom 4.01m (13'2") x 3.42m (11'3") UPVC double glazed window to rear, fitted wardrobes, radiator, wall mounted combination boiler Shower Room 1.88m (6'2") x 1.84m (6') Fitted with two piece suite comprising shower enclosure with electric shower and pedestal wash hand basin, uPVC opaque double glazed window to side WC 1.26m (4'2") x 0.91m (3') UPVC opaque double glazed window to side, low-level WC Second Floor **Landing ** UPVC opaque double glazed window to side Loft Room 4.45m (14'7") max x 3.00m (9'10") Skylight, double radiator Viewing is Highly Recommended - SOLD WITH NO ONWARD CHAIN! Tenure: Leasehold,

Agent Details

Harris & Co, Fleetwood

01253 835914

Next Steps?

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