2 Bed Flat, Single Let, Thornton-Cleveleys, FY5 3FL, £104,950

Rosebank, Thornton-Cleveleys, FY5 3FL - 7 months ago

Leasehold
BTL
ROI: 8%
~56 m²
+4 photos

ValuationOvervalued

Sold Prices£47K - £247K
Sold Prices/m²£922/m² - £2.6K/m²

 

 

Square Metres

~56.23 m²
Price/m²£1.9K/m²

Value Estimate

£79,455

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£26,238

Stamp Duty & Legal Fees

£4,349

Total Cash In

£30,586

 

 

Cash Out

 

Rent Range

£650 - £875

Rent Estimate

£675

Running Costs/mo

£483

Cashflow/mo

£192

Cashflow/yr

£2,304

ROI

8%

Gross Yield

8%

Local Sold Prices

50 sold prices from £47K to £247K, average is £104.5K. £922/m² to £2.6K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£85K10/210.14 mi12, Sanderling Close, Thornton-cleveleys, Lancashire FY5 3FN2
£94K12/200.23 mi17, Pochard Place, Thornton-cleveleys, Lancashire FY5 3FH2
£97K01/230.26 mi84a, Eastpines Drive, Thornton-cleveleys, Blackpool FY5 3RZ2
£80K02/230.36 mi8, Melbourne Avenue, Thornton-cleveleys, Blackpool FY5 3DX2
£73K12/200.43 mi96, Aintree Road, Thornton-cleveleys, Lancashire FY5 5HP2
£95K12/220.48 miFlat 20, Warren Manor, Warren Drive, Thornton-cleveleys, Blackpool FY5 3TG2
£83.5K05/230.49 mi109, Ascot Road, Thornton-cleveleys, Lancashire FY5 5HL2
£85K06/210.49 miFlat 20, Warren Manor, Warren Drive, Thornton-cleveleys, Blackpool FY5 3TG2
£60K02/210.63 mi18, Heather Close, Thornton-cleveleys, Lancashire FY5 3NF2
£70K01/210.63 mi20, Heather Close, Thornton-cleveleys, Lancashire FY5 3NF2
£87.5K04/230.63 mi18, Heather Close, Thornton-cleveleys, Lancashire FY5 3NF2
£57.5K10/210.75 mi22, Kincraig Place, Blackpool FY2 0NA2
£150K07/210.81 mi10, Tennyson Avenue, Thornton-cleveleys, Lancashire FY5 2ET2
£150K11/200.81 mi18, Beechwood Drive, Thornton-cleveleys, Lancashire FY5 5EH2
£98K09/220.85 mi35, Tennyson Drive, Bispham, Blackpool FY2 0GH2
£120K07/230.86 mi123, Sovereign Court, Thornton-cleveleys, Blackpool FY5 3PH2
£92K01/210.86 mi102, Sovereign Court, Thornton-cleveleys, Blackpool FY5 3PH2
£108K12/220.9 mi26, Gorse Avenue, Thornton-cleveleys, Lancashire FY5 2PJ2
£105K06/231.02 mi11, Fairhaven Close, Thornton-cleveleys, Lancashire FY5 5AF2
£80K10/201.02 mi17, Fairhaven Close, Thornton-cleveleys, Lancashire FY5 5AF2
£104K07/211.02 mi8, Fairhaven Close, Thornton-cleveleys, Lancashire FY5 5AF2
£89.5K08/211.06 miFlat 27, Wimbledon Court, Wimbledon Avenue, Thornton-cleveleys, Blackpool FY5 1BE2
£71K12/201.13 mi2, Kilmory Place, Blackpool FY2 0XS2
£130K10/201.15 miFlat 13, Wilvere Court, Queens Promenade, Thornton-cleveleys, Blackpool FY5 1PG2
£130K10/201.15 miFlat 17, Wilvere Court, Queens Promenade, Thornton-cleveleys, Blackpool FY5 1PG2
£117.3K11/201.15 miFlat 2, Wilvere Court, Queens Promenade, Thornton-cleveleys, Blackpool FY5 1PG2
£126K04/211.15 miFlat 32, Wilvere Court, Queens Promenade, Thornton-cleveleys, Blackpool FY5 1PG2
£206.4K09/221.18 mi304, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£195K10/211.18 mi309, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£199.9K06/231.18 mi313, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£179.9K12/221.18 mi207, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£120K03/211.18 mi204, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£135K11/201.18 mi202, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£149K02/211.18 mi109, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£150K02/211.18 mi1, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£130K05/211.18 mi2, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£151K10/201.18 mi103, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£175K12/221.2 miFlat 3, Grosvenor Court, Ellerbeck Road, Thornton-cleveleys, Lancashire FY5 1TD2
£75K06/211.2 mi44b, Beach Road, Thornton-cleveleys, Lancashire FY5 1EQ2
£47K07/211.26 mi97f, Beach Road, Thornton-cleveleys, Lancashire FY5 1EW2
£101K04/231.31 mi20, Sandy Close, Thornton-cleveleys, Lancashire FY5 1FF2
£97K04/231.31 mi4, Sandy Close, Thornton-cleveleys, Lancashire FY5 1FF2
£109K11/211.36 miFlat 7, Oakleaf Court, Cleveleys Avenue, Thornton-cleveleys, Lancashire FY5 2NX2
£175K12/201.57 mi2, East Court, Thornton-cleveleys, Lancashire FY5 1JS2
£76K04/211.64 mi66, Sandhurst Avenue, Blackpool FY2 9EB2
£72.5K11/221.75 mi30, Osborne Grove, Thornton-cleveleys, Lancashire FY5 1HP2
£117.5K08/211.78 mi1, Farriers Way, Poulton-le-fylde, Lancashire FY6 7AN2
£117.5K08/211.79 mi1, Farriers Way, Poulton-le-fylde, Lancashire FY6 7AN2
£247K10/211.81 mi59, Northgate, Bispham, Blackpool FY2 9LT2
£99K08/221.9 mi13, Kingfisher Mews, Poulton-le-fylde, Lancashire FY6 7ZB2

Local Rents

14 rents from £650/mo to £875/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£65004/240 miRosebank, Thornton-Cleveleys, Lancashire, FY52
£69504/240.01 miRosebank, Thornton-Cleveleys2
£75004/240.16 mi-2
£69504/250.16 mi-2
£75004/240.2 miEastpines Drive, Thornton-Cleveleys, FY5 3RY2
£77505/240.38 miSeabrook Drive, Thornton Cleveleys2
£77503/240.5 mi-2
£85005/240.52 miFleetwood Road North, Thornton-Cleveleys, Lancashire, FY52
£65004/240.54 mi-2
£65004/240.54 mi-2
£65004/240.54 miFleetwood Road North, Thornton-Cleveleys, FY52
£75003/240.54 mi-2
£79504/240.58 mi-2
£87504/240.59 miDevonshire Avenue, Thornton-Cleveleys, FY52

Local Area Statistics

Population in FY5

44,800

Town centre distance

0.53 miles away

Nearest school

0.40 miles away

Nearest train station

1.90 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+2%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Listed for £104,950

September 13, 2024

Floor Plans

Description

  • Two Bedrooms. +
  • Modern Shower Room. +
  • Open Plan Kitchen, Dining And Living Room +
  • Designated Resident And Visitor Parking +
  • Extremely Spacious, Two Bedroom, Ground Floor Apartment +
  • Investors +

SOLD WITH TENANTS IN SITU

Rental Yield rent of £675 PCM.

Two Bedroom, Ground Floor, Well Maintained Apartment, Situated A Short Distance To Cleveleys Town Centre Amenities To include, Shopping, Award Winning Promenade, Choice of Schools With Excellent Transport Links Nearby! Offering Kitchen, Dining & Living Room, Modern Shower Room & Parking!

The shared entrance benefits from intercom access for security, communal letterbox area and stairs to the first and second floor landings above....

This ground floor apartment has been well maintained and benefits from light and bright hallway with doors off to the kitchen, dining and living room, two bedrooms and modern shower room.

The kitchen offers a range of wall mounted and base units with attractive laminate work surface area. Integrated appliances include oven and four ring hob  with extractor fan over. Plumbed for washing machine and dishwasher with space for fridge freezer. Ample floor space remaining for dining table and chairs and soft seating. Window to front elevation.

There are two well proportioned bedrooms with space for beds and free standing furniture.

The modern shower room (2016) briefly comprises double shower cubicle with glass screen, pedestal hand wash basin and low flush wc. walls are attractively tiled in grey and white.

Externally this ground floor apartment boasts resident and visitor parking spaces, communal gardens and refuse store.

A Great Apartment & Internal Viewing Is Considered Essential To Appreciate Space Available!

RENTAL YIELD rent of £675 per calendar month.

EPC: Pending

Council Tax: C

Internal Living Space: 53sqm

Tenure: Leasehold -  125 years from 1 January 2005. Maintenance & Ground Rent Fees As Follows: £351 PA & £67 PM

Agent Details

Unique Estate Agency Ltd, Thornton Cleveleys

01253 835787

Next Steps?

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