3 Bed Terraced House, Refurb/BRRR, Thornton-Cleveleys, FY5 4JH, £90,000

Gamble Road, Thornton, FY5 4JH - 2 views - 6 months ago

Refurb/BRRR
ROI: 2%
~94 m²
+19 photos

ValuationFair Value

Sold Prices£56K - £315K
Sold Prices/m²£670/m² - £3.8K/m²

 

 

Square Metres

~94.30 m²
Price/m²£954/m²

Value Estimate

£91,800

 

 

End Value (After Refurb)

£176,744

Uplift in Value

+96%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£22,500

Stamp Duty & Legal Fees

£5,700

Refurb Costs

£38,212

Bridging Loan Interest

£2,363

Total Cash In

£70,525

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£176,744

Agent Fees (1%)

£1,767

Bridging Loan

£67,500

Bridging Loan Interest

£2,363

Flip Profit

£36,952

Local Sold Prices

50 sold prices from £56K to £315K, average is £152K. £670/m² to £3.8K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£88K11/210.03 mi13, Wembley Road, Thornton-cleveleys, Lancashire FY5 4JN3
£113.5K01/210.05 mi35, Gamble Road, Thornton-cleveleys, Lancashire FY5 4JG3
£142.5K01/230.05 mi35, Gamble Road, Thornton-cleveleys, Lancashire FY5 4JG3
£175K06/210.05 mi1, Rixton Grove, Thornton-cleveleys, Lancashire FY5 4PU3
£124K01/210.05 mi17, Rixton Grove, Thornton-cleveleys, Lancashire FY5 4PU3
£132K04/210.08 mi10, Rose Fold, Thornton-cleveleys, Lancashire FY5 4NQ3
£248K02/230.09 mi30, Dallam Dell, Thornton-cleveleys, Lancashire FY5 4PX3
£124.5K02/210.15 mi51, Springfield Drive, Thornton-cleveleys, Lancashire FY5 4LL3
£315K08/210.21 mi1, The Maltings, Thornton-cleveleys, Lancashire FY5 2LU3
£56K12/220.21 mi22, Willow Road, Thornton-cleveleys, Lancashire FY5 4GR3
£118K12/200.24 mi281, Fleetwood Road North, Thornton-cleveleys, Lancashire FY5 4LE3
£225K11/220.25 mi338, West Drive, Thornton-cleveleys, Lancashire FY5 2RX3
£169.9K09/210.26 mi55, Hawthorn Drive, Thornton-cleveleys, Lancashire FY5 4GQ3
£162.3K06/230.26 mi115, Hawthorn Drive, Thornton-cleveleys, Lancashire FY5 4GQ3
£130K05/230.27 mi36, Taywood Road, Thornton-cleveleys, Lancashire FY5 2RT3
£155K07/230.27 mi50, Taywood Road, Thornton-cleveleys, Lancashire FY5 2RT3
£149K08/210.31 mi27, Chestnut Gardens, Thornton-cleveleys, Lancashire FY5 4HS3
£162K03/230.31 mi35, Chestnut Gardens, Thornton-cleveleys, Lancashire FY5 4HS3
£185K04/230.32 mi4, Dunlin Close, Thornton-cleveleys, Lancashire FY5 2RG3
£156K07/210.32 mi11, Reta Drive, Thornton-cleveleys, Lancashire FY5 2RU3
£129K12/200.33 mi253, Fleetwood Road North, Thornton-cleveleys, Lancashire FY5 4LB3
£137.5K05/210.36 mi10, Fairholmes Close, Thornton-cleveleys, Lancashire FY5 2SL3
£115K12/200.36 mi4, Fairholmes Close, Thornton-cleveleys, Lancashire FY5 2SL3
£130K04/230.37 mi23, Crabtree Road, Thornton-cleveleys, Lancashire FY5 4HW3
£165K12/200.37 mi7, Keepers Hey, Thornton-cleveleys, Lancashire FY5 2HL3
£181K05/230.38 mi41, Fairclough Road, Thornton-cleveleys, Lancashire FY5 2RN3
£165K11/210.38 mi26, Fairclough Road, Thornton-cleveleys, Lancashire FY5 2RN3
£142.5K12/200.38 mi30, Fairclough Road, Thornton-cleveleys, Lancashire FY5 2RN3
£199.9K09/210.39 mi2, Fairholmes Way, Thornton-cleveleys, Lancashire FY5 2SJ3
£230K06/230.39 mi9, Fairholmes Way, Thornton-cleveleys, Lancashire FY5 2SJ3
£175K08/210.39 mi89, Mayfield Avenue, Thornton-cleveleys, Lancashire FY5 2HH3
£182K12/210.39 mi1, Mildred Close, Thornton-cleveleys, Lancashire FY5 2RP3
£126K10/210.39 mi7, Curlew Close, Thornton-cleveleys, Lancashire FY5 2AN3
£177K12/200.4 mi4, Pheasant Wood Drive, Thornton-cleveleys, Lancashire FY5 2AW3
£133.8K06/210.46 mi54, Holmes Road, Thornton-cleveleys, Lancashire FY5 2SG3
£238.5K09/210.47 mi12, Bluebell Close, Thornton-cleveleys, Lancashire FY5 2ZJ3
£135K12/200.47 mi8, Bluebell Close, Thornton-cleveleys, Lancashire FY5 2ZJ3
£220K06/210.53 mi1, Whitebeam Close, Thornton-cleveleys, Lancashire FY5 2ZE3
£144K07/210.53 mi3, Royles Brook Close, Thornton-cleveleys, Lancashire FY5 4PS3
£235K02/230.54 mi15, Eider Close, Thornton-cleveleys, Lancashire FY5 2UT3
£116K03/210.54 mi2, Bonney Street, Thornton-cleveleys, Lancashire FY5 4HQ3
£229K06/230.56 mi22, Masefield Avenue, Thornton-cleveleys, Lancashire FY5 2ES3
£228K02/210.57 mi24, Berwick Avenue, Thornton-cleveleys, Lancashire FY5 2JT3
£127K12/220.57 mi18, Trunnah Road, Thornton-cleveleys, Lancashire FY5 4HE3
£116K06/210.57 mi70, Trunnah Road, Thornton-cleveleys, Lancashire FY5 4HE3
£185K03/230.57 mi117, Trunnah Road, Thornton-cleveleys, Lancashire FY5 4HF3
£192K12/210.58 mi52, Croasdale Drive, Thornton-cleveleys, Lancashire FY5 2AG3
£128.5K04/230.59 mi65, Sandyforth Avenue, Thornton-cleveleys, Lancashire FY5 4BP3
£85K04/210.59 mi75, Sandyforth Avenue, Thornton-cleveleys, Lancashire FY5 4BP3
£133K06/230.59 mi63, Sandyforth Avenue, Thornton-cleveleys, Lancashire FY5 4BP3

Local Rents

11 rents from £725/mo to £1.1K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£85004/240.09 miSaltash Road, Thornton Cleveleys, FY5 4JJ3
£1,10009/240.12 mi-3
£85005/240.2 miKildare, Thornton Cleveleys3
£85004/240.29 mi-3
£82504/240.32 miReta Drive, Thornton-Cleveleys3
£82504/240.39 miMayfield Avenue, Thornton-Cleveleys, Lancashire, FY53
£87504/240.41 miMayfield Avenue, THORNTON CLEVELEYS3
£87504/240.41 miMayfield Avenue, THORNTON CLEVELEYS3
£79504/240.56 miHargreaves Street, Thornton-Cleveleys, Lancashire, FY53
£72504/240.57 miTrunnah Road, Thornton-cleveleys, FY5 4HF3
£85003/250.61 mi-3

Local Area Statistics

Population in FY5

44,800

Town centre distance

0.74 miles away

Nearest school

0.40 miles away

Nearest train station

2.81 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+2%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Price changed to £90,000

March 28, 2025

Price changed to £105,000

February 12, 2025

Listed for £120,000

October 4, 2024

Floor Plans

Description

* NO CHAIN * Three bedroom end terrace situated on Gamble Road, Thornton. The property is in need of a full renovation and is located within easy access of local shops, schools and bus routes. The property features generous room sizes throughout, a good size rear garden and a downstairs w.c. Briefly comprising: Porch, lounge, dining room, kitchen, landing, three bedrooms, bathroom and rear yard with off road parking.

PORCH
Composite door to the front aspect.

LOUNGE
16`9` X 14`10`(5.11m x 4.52m)
UPVC double glazed windows and door to the front aspect and electric fire.

DINING ROOM
13`6` X 9`11` (4.12m x 3.02m)
UPVC double glazed window to the rear aspect and fireplace.

HALLWAY
UPVC double glazed window and door to the side aspect, two storage cupboards and separate w.c.

KITCHEN
9`8` x 7`1`(2.94m x 2.16m)
UPVC double glazed window to the rear aspect. In need of full renovation.

LANDING
Loft access.

BEDROOM ONE
11`1` x 9`4` (3.37m x 2.85m)
UPVC double glazed window to the front aspect.

BEDROOM TWO
14`8` x 8`4` (4.48m x 2.54m)
UPVC double glazed window to the front aspect

BEDROOM THREE
10`6` x 9`11` (3.21m x 3.03m)
UPVC double glazed window to the rear aspect

BATHROOM
9`4`x 7`7`(2.84m x 2.30m)
UPVC double glazed window to the rear aspect. Bath with mixer tap, wash hand basin and storage cupboard.

EXTERNAL

FRONT AND SIDE
Path leading to the front door and access to the back garden.

REAR
Enclosed rear garden and car parking space which is accessed through the back alley.

COUNCIL TAX BAND A

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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