2 Bed Bungalow, Refurb/BRRR, Thornton-Cleveleys, FY5 3AL, £250,000

All Saints Road, Thornton-Cleveleys, FY5 3AL - 6 months ago

Sold STC
Refurb/BRRR
~109 m²
+14 photos

ValuationOvervalued

Sold Prices£85K - £305K
Sold Prices/m²£1.1K/m² - £3.6K/m²

 

 

Square Metres

~109.38 m²
Price/m²£2.3K/m²

Value Estimate

£231,737

 

 

End Value (After Refurb)

£206,358

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£13,700

Refurb Costs

£44,323

Bridging Loan Interest

£6,563

Total Cash In

£128,836

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£206,358

Mortgage (After Refinance)

£154,769

Mortgage LTV

75%

Cash Left In

£128,836

Equity

£51,590

Rent Range

£530 - £950

Rent Estimate

£723

Running Costs/mo

£809

Cashflow/mo

£-86

Cashflow/yr

£-1,038

Gross Yield

3%

Local Sold Prices

50 sold prices from £85K to £305K, average is £154K. £1.1K/m² to £3.6K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£220K01/230 mi18, All Saints Road, Thornton-cleveleys, Blackpool FY5 3AL2
£219.9K11/210.04 mi39, Glenfield Avenue, Blackpool FY2 0DB2
£230K01/230.04 mi5, Portway, Bispham, Blackpool FY2 0DF2
£118K05/210.07 mi5, Silverdale, Bispham, Blackpool FY2 0DE2
£175K06/230.11 mi129, Ashfield Road, Bispham, Blackpool FY2 0BU2
£158K06/230.12 mi28, Fairfax Avenue, Bispham, Blackpool FY2 0DA2
£195K12/220.13 mi1, Fairfax Avenue, Bispham, Blackpool FY2 0BY2
£177.5K12/220.18 mi12, Fairfax Avenue, Bispham, Blackpool FY2 0DA2
£125K11/200.18 mi2, Highcroft Avenue, Bispham, Blackpool FY2 0BJ2
£100K07/230.21 mi28, Portree Road, Bispham, Blackpool FY2 0DG2
£100K06/210.21 mi14, Epping Close, Bispham, Blackpool FY2 0BL2
£258K06/230.23 mi35, Shirley Crescent, Bispham, Blackpool FY2 0AA2
£112.5K11/200.23 mi42, Longford Avenue, Blackpool FY2 0BN2
£122.5K08/230.24 mi24, Kelvin Road, Thornton-cleveleys, Blackpool FY5 3AF2
£150K02/230.24 mi44, Kelvin Road, Thornton-cleveleys, Blackpool FY5 3AF2
£219K12/220.25 mi65, Guildford Avenue, Blackpool FY2 0AB2
£180K12/200.25 mi54, Guildford Avenue, Blackpool FY2 0AB2
£255K09/210.26 mi6, Village Way, Bispham, Blackpool FY2 0AH2
£90K12/220.3 miLowentre, 26, Beattock Place, Blackpool FY2 0EH2
£305K10/220.3 mi683, Devonshire Road, Blackpool FY2 0AE2
£120K06/230.31 mi2, Upwood Close, Bispham, Blackpool FY2 0EX2
£102K07/230.33 mi10, Lothian Place, Bispham, Blackpool FY2 0EZ2
£139.3K06/210.34 mi3, Codale Avenue, Blackpool FY2 0BA2
£115K04/210.34 mi7, Codale Avenue, Bispham, Blackpool FY2 0BA2
£235K10/210.34 mi776, Devonshire Road, Blackpool FY2 0AG2
£175K03/210.35 mi16, Boston Avenue, Blackpool FY2 9BZ2
£220K12/220.35 mi16, Boston Avenue, Blackpool FY2 9BZ2
£186K01/210.37 mi2a, Oakland Avenue, Thornton-cleveleys, Blackpool FY5 1RX2
£129.9K11/220.38 mi5, Honeysuckle Place, Bispham, Blackpool FY2 0PH2
£105.5K02/210.39 mi10, Glendale Close, Blackpool FY2 0BS2
£110K01/210.39 mi17, Glendale Close, Blackpool FY2 0BS2
£184.9K12/220.41 mi1, Glossop Close, Blackpool FY2 9DE2
£145K05/210.43 mi12, Falkirk Avenue, Bispham, Blackpool FY2 9DD2
£205K06/230.43 mi12, Falkirk Avenue, Bispham, Blackpool FY2 9DD2
£237.5K05/210.45 mi19, Duncan Avenue, Blackpool FY2 9DB2
£114K06/230.45 mi12, Blackpool Road, Bispham, Blackpool FY2 0HR2
£115K06/230.45 mi6, Blackpool Road, Bispham, Blackpool FY2 0HR2
£115K08/210.47 mi82, Ashfield Road, Blackpool FY2 0DJ2
£85K11/210.47 mi20, Ashfield Road, Blackpool FY2 0DJ2
£98K07/230.47 mi26, Ashfield Road, Bispham, Blackpool FY2 0DJ2
£159K05/210.5 mi83, Everest Drive, Blackpool FY2 9DJ2
£215K12/220.53 mi44, Hanover Crescent, Bispham, Blackpool FY2 9DL2
£148K11/200.53 mi4, Hanover Crescent, Bispham, Blackpool FY2 9DL2
£235K08/230.54 mi3, Lanark Avenue, Bispham, Blackpool FY2 9DN2
£107K11/200.55 mi42, Blackpool Road, Blackpool FY2 0HT2
£166K05/210.59 mi3, Kirkstone Drive, Thornton-cleveleys, Blackpool FY5 1QL2
£146.8K08/210.59 mi133, Kirkstone Drive, Thornton-cleveleys, Blackpool FY5 1QL2
£150K08/210.6 mi18, Bridgewater Avenue, Thornton-cleveleys, Blackpool FY5 3NA2
£250K06/220.6 mi592, Devonshire Road, Bispham, Blackpool FY2 0JU2
£160K10/210.61 mi38, Broadhurst Road, Thornton-cleveleys, Blackpool FY5 3HR2

Local Rents

40 rents from £530/mo to £950/mo, average is £700/mo.

RentDateDistanceAddressBeds 
£82502/250.11 mi-2
£82512/240.28 mi-2
£82504/240.28 miKelvin Road, Thornton-Cleveleys, FY52
£90004/240.33 mi-2
£85004/240.33 mi-2
£59504/240.34 miKincraig Place, Thornton-Cleveleys, Lancashire, FY22
£69501/250.35 mi-2
£75004/240.65 mi4 Haddon Road, Blackpool, Blackpool2
£75004/240.65 mi4 Haddon Road, Blackpool, Blackpool2
£53004/240.65 miHaddon Road, Blackpool, Lancashire, FY22
£59504/240.66 miChatsworth Avenue, FY22
£65004/240.69 miSandhurst Avenue, Blackpool, Lancashire, FY22
£62504/240.69 miSandhurst Avenue, FY22
£77505/240.71 miSeabrook Drive, Thornton Cleveleys2
£69504/240.74 miMunster Avenue, Blackpool, FY2 0HG2
£75004/240.86 miEastpines Drive, Thornton-Cleveleys, FY5 3RY2
£57504/240.93 miRed Bank Road, Blackpool, FY22
£70004/240.94 mi-2
£72504/240.96 miCoriander Close, Blackpool, Lancashire, FY22
£69504/250.98 mi-2
£65004/240.98 miRosebank, Thornton-Cleveleys, Lancashire, FY52
£75004/240.99 mi-2
£69504/240.99 miRosebank, Thornton-Cleveleys2
£70004/241.06 miArdmore Road, Blackpool, Lancashire, FY22
£65004/241.07 mi-2
£67504/241.09 miCavendish Road, Bispham, Blackpool2
£77504/241.13 miQueens Promenade, Blackpool2
£79504/241.16 mi162 Queens Promenade, Bispham, Blackpool2
£69504/241.16 miQueens Promenade, Blackpool, Lancashire, FY22
£67501/251.19 mi-2
£75004/251.21 mi-2
£95012/241.21 miMaycroft Avenue, Poulton-Le-Fylde, Lancashire, FY62
£75005/241.21 miAdmiral View, Bispham, Blackpool, FY22
£75001/251.21 mi-2
£75002/251.21 mi-2
£87504/241.21 miThirlmere Avenue, Poulton-Le-Fylde, Lancashire, FY62
£62511/231.22 mi-2
£69505/241.22 mi-2
£69504/241.22 miPembroke Court, Blackpool, FY22
£67505/241.24 miSt. Davids Court, St. Davids Avenue, Cleveleys2

Local Area Statistics

Population in FY5

44,800

Town centre distance

1.52 miles away

Nearest school

0.20 miles away

Nearest train station

1.56 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+2%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Price changed to £250,000

February 28, 2025

Price changed to £260,000

February 16, 2025

Listed for £270,000

October 17, 2024

Floor Plans

Description

  • GREAT Location, Close To Amenities +
  • REWIRED (2024) +
  • NEW GCH System, Boiler, Pipework +
  • Open Aspect Views To The Front +

WOW

Renovated Throughout To An Exceptional Standard Within The Last 6 Months! This IMMACULATE TWO Bedroom Family Home Is Ready To Walk Into & Offers Spacious & Modern Living Accommodation! Situated In A Fantastic Location With Open Aspect Views To The Front Elevation & Close To Bispham Village Amenities, To Include Village Shops, Choice Of Primary & Secondary Schools With Blackpool & The Fylde College Within Walking Distance & Excellent Transport Links Nearby!

Renovation Works Undertaken (2024) But Not Limited To: NEW Roof, Fully Rewired, Re-plumbed, NEW Wren Kitchen, NEW Bathroom, NEW Flooring, Integrated Wooden Shutters, NEW Wood Burner, High End Fixtures & Fittings Throughout, Landscaped Rear Garden & Driveway, NEW Power Assisted Garage Door, 

This Beautifully Presented True Bungalow Comprises Entrance Hallway, Open Plan kitchen, Dining & Family Room, Two Spacious Bedrooms With A Stunning Family Bath & Shower Room, Enclosed South Facing Rear Garden & Garage With Driveway!! 

Internal Viewing Simply Essential To Appreciate Fully The Standard Of Renovation & Space Available!

Call Unique Thornton To View Today! 

EPC: D

Council Tax: C

Internal Living Space: 75sqm

Tenure: Freehold, to be confirmed by your legal representative.

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 💪