5 Bed Flat, Single Let, Thornton-Cleveleys, FY5 1BU, £330,000

Victoria Road West, Cleveleys, FY5 1BU - 7 months ago

BTL
~204 m²
+22 photos

Valuation

Sold Prices£225K - £225K
Sold Prices/m²£1.8K/m² - £1.8K/m²

 

 

Square Metres

~204.48 m²
Price/m²£1.6K/m²

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£82,500

Stamp Duty & Legal Fees

£21,700

Total Cash In

£104,200

 

 

Cash Out

 

Rent Range

£700 - £1,400

Rent Estimate

£751

Running Costs/mo

£1,201

Cashflow/mo

£-450

Cashflow/yr

£-5,405

Gross Yield

3%

Local Sold Prices

1 sold prices from £225K to £225K, average is £225K.

PriceDateDistanceAddressBeds 
£225K04/212.13 mi2, Ramshill Avenue, Poulton-le-fylde, Lancashire FY6 7NP4

Local Rents

24 rents from £700/mo to £1.4K/mo, average is £914/mo.

RentDateDistanceAddressBeds 
£75804/240.14 miSlinger Road, Thornton-Cleveleys, Lancashire, FY53
£99503/250.15 mi-4
£90104/240.18 miAlconbury Crescent, Thornton-Cleveleys, Lancashire, FY53
£1,20005/240.21 miQueensbury Road, Thornton-Cleveleys3
£1,00003/250.31 mi-3
£99504/240.37 mi-3
£99504/240.37 mi-3
£89504/240.37 mi-3
£99504/240.37 mi-3
£99504/240.37 mi-3
£70004/240.46 miVictoria Road West3
£97504/240.47 miStockdove Way, Thornton-Cleveleys3
£1,40004/240.49 miKelso Avenue, Thornton Cleveleys5
£82504/240.55 miCumberland Avenue, Thornton-Cleveleys3
£82504/240.55 miCumberland Avenue, Thornton-Cleveleys3
£93204/240.56 mi-3
£97504/250.56 mi-3
£92704/240.56 miNorth Drive, Cleveleys, FY53
£82512/240.57 mi-3
£82505/240.57 miThornton-Cleveleys, Thornton-Cleveleys, FY53
£80004/240.57 miElms Avenue, Thornton-Cleveleys3
£90005/240.58 mi-3
£82504/240.59 mi-3
£85004/240.62 miNorth Drive, Thornton-Cleveleys, Lancashire, FY53

Local Area Statistics

Population in FY5

44,800

Town centre distance

1.25 miles away

Nearest school

0.40 miles away

Nearest train station

3 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+2%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Price changed to £330,000

January 19, 2025

Price changed to £340,000

October 17, 2024

Listed for £360,000

September 13, 2024

Floor Plans

Description

* IDEAL INVESTMENT OPPORTUNITY*  Five stunning self-contained residential flats and lock up shop situated in a great position on Cleveleys high street, Victoria Road West. Walking distance to all local shops, bus routes and the sea front. The property has been renovated throughout to a high standard and offers a fantastic potential rental income of approximately £40,000 per annum. Also benefitting from two parking spaces to the rear.

GROUND FLOOR

SHOP
Lock up shop with light, power and water supply and double entrance doors.

ENTRANCE HALLWAY

STORE ROOM

FLAT ONE
Kitchen/reception room, bedroom and  shower room.

FLAT TWO
Kitchen/reception room, bedroom and  shower room. Accessed via own private entrance to the rear.

FIRST FLOOR LANDING

FLAT THREE
Kitchen/reception room, bedroom and  shower room.

FLAT FOUR
Kitchen/reception room, bedroom and  shower room.

SECOND FLOOR FLANDING

FLAT FIVE
Kitchen/reception room, bedroom and  shower room.

EXTERNAL

REAR
Two parking spaces.

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?

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