3 Bed Semi-Detached House, Refurb/BRRR, Thornton-Cleveleys, FY5 3QN, £120,000

Anchorsholme Lane East, Thornton-cleveleys, FY5 3QN - 6 views - 5 months ago

Refurb/BRRR
ROI: 3%
~93 m²
+15 photos

ValuationUndervalued

Sold Prices£85K - £304K
Sold Prices/m²£1.2K/m² - £2.8K/m²

 

 

Square Metres

~93 m²
Price/m²£1.3K/m²

Value Estimate

£132,600
BMV2%

 

 

End Value (After Refurb)

£160,160

Uplift in Value

+23%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£5,100

Refurb Costs

£37,686

Bridging Loan Interest

£3,150

Total Cash In

£77,686

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£160,160

Mortgage (After Refinance)

£120,120

Mortgage LTV

75%

Cash Released

£30,120

Cash Left In

£47,566

Equity

£40,040

Rent Range

£700 - £1,200

Rent Estimate

£917

Running Costs/mo

£704

Cashflow/mo

£213

Cashflow/yr

£2,557

ROI

3%

Gross Yield

9%

Local Sold Prices

50 sold prices from £85K to £304K, average is £139.7K. £1.2K/m² to £2.8K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£192K07/230.01 mi61, Anchorsholme Lane East, Thornton-cleveleys, Blackpool FY5 3QN3
£210K03/210.01 mi67, Anchorsholme Lane East, Thornton-cleveleys, Blackpool FY5 3QN3
£125K04/210.01 mi88, Anchorsholme Lane East, Thornton-cleveleys, Blackpool FY5 3QN3
£210K03/230.06 mi18, Rochford Avenue, Thornton-cleveleys, Blackpool FY5 3PB3
£152K06/210.08 mi6, Bedale Place, Thornton-cleveleys, Blackpool FY5 3PD3
£103K10/210.09 mi2, Keith Grove, Thornton-cleveleys, Blackpool FY5 3NY3
£117.5K12/200.09 mi1, Keith Grove, Thornton-cleveleys, Blackpool FY5 3NY3
£170K04/230.1 mi91, Anchorsholme Lane East, Thornton-cleveleys, Blackpool FY5 3PE3
£121.5K08/210.11 mi40, Beryl Avenue, Thornton-cleveleys, Blackpool FY5 3PA3
£207.5K02/230.12 mi47, Luton Road, Thornton-cleveleys, Blackpool FY5 3ED3
£117K07/230.15 mi380, North Drive, Thornton-cleveleys, Blackpool FY5 3PF3
£160K09/210.15 mi35, Magdalen Road, Thornton-cleveleys, Blackpool FY5 3EF3
£160K09/210.17 mi11a, Lockerbie Avenue, Thornton-cleveleys, Blackpool FY5 3EN3
£180K08/210.17 mi433, North Drive, Thornton-cleveleys, Blackpool FY5 3AP3
£157K01/210.17 mi19, Lauderdale Avenue, Thornton-cleveleys, Blackpool FY5 3JP3
£135K06/230.18 mi22, Maitland Avenue, Thornton-cleveleys, Blackpool FY5 3JR3
£137K03/230.19 mi416, North Drive, Thornton-cleveleys, Blackpool FY5 3AR3
£127.5K07/210.19 mi23, St Davids Avenue, Thornton-cleveleys, Lancashire FY5 3NL3
£137K01/210.2 mi24, Neville Avenue, Thornton-cleveleys, Blackpool FY5 3BG3
£200K02/230.2 mi8, Stanley Avenue, Thornton-cleveleys, Lancashire FY5 3NQ3
£106K04/210.2 mi107, Anchorsholme Lane East, Thornton-cleveleys, Blackpool FY5 3AT3
£130K06/210.21 mi95, Luton Road, Thornton-cleveleys, Blackpool FY5 3QY3
£153K12/200.21 mi26, Conway Avenue, Thornton-cleveleys, Blackpool FY5 3JH3
£110K10/210.21 mi68, Neville Avenue, Thornton-cleveleys, Blackpool FY5 3BQ3
£85K02/210.22 mi14, Bleasdale Avenue, Thornton-cleveleys, Blackpool FY5 3QZ3
£167K05/210.22 mi1, Wray Grove, Thornton-cleveleys, Blackpool FY5 3QT3
£149.5K03/210.22 mi8, Wray Grove, Thornton-cleveleys, Blackpool FY5 3QT3
£177.5K06/230.22 mi5, Lakewood Avenue, Thornton-cleveleys, Blackpool FY5 3ET3
£150K12/210.23 mi11, St Andrews Avenue, Thornton-cleveleys, Lancashire FY5 3NJ3
£125K10/210.23 mi38, St Andrews Avenue, Thornton-cleveleys, Lancashire FY5 3NJ3
£115K04/210.26 mi2, Kelso Avenue, Thornton-cleveleys, Blackpool FY5 3EA3
£147.5K06/210.26 mi12, Crescent Avenue, Thornton-cleveleys, Lancashire FY5 3JE3
£142.3K11/210.28 mi67, Lyddesdale Avenue, Anchorsholme, Thornton-cleveleys, Blackpool FY5 3EJ3
£127K06/230.29 mi18, Merlyn Road, Thornton-cleveleys, Lancashire FY5 3AZ3
£190K12/210.29 mi3, Ramper Gate, Thornton-cleveleys, Lancashire FY5 2AU3
£217K09/210.29 mi70, Chester Avenue, Thornton-cleveleys, Lancashire FY5 2AY3
£168K12/220.29 mi467, North Drive, Thornton-cleveleys, Lancashire FY5 2HR3
£130K02/210.3 mi2, Redeswood Avenue, Thornton-cleveleys, Blackpool FY5 3QS3
£123K10/210.3 mi30, Maida Vale, Thornton-cleveleys, Blackpool FY5 1NW3
£160K03/210.31 mi11, Knowle Avenue, Thornton-cleveleys, Lancashire FY5 3PW3
£153K11/210.32 mi310, North Drive, Thornton-cleveleys, Blackpool FY5 3RD3
£115K02/210.32 mi314, North Drive, Thornton-cleveleys, Blackpool FY5 3RD3
£126.8K02/210.32 mi305, North Drive, Thornton-cleveleys, Blackpool FY5 3RD3
£127K12/200.32 mi160, Anchorsholme Lane East, Thornton-cleveleys, Blackpool FY5 3BP3
£135K12/220.33 mi31, Maida Vale, Thornton-cleveleys, Blackpool FY5 1NP3
£121K12/210.34 mi8, Valeway Avenue, Thornton-cleveleys, Blackpool FY5 3ER3
£119K03/210.34 mi24, Valeway Avenue, Thornton-cleveleys, Blackpool FY5 3ER3
£299.9K05/230.35 mi21, Queensbury Road, Thornton-cleveleys, Blackpool FY5 1SW3
£304K05/230.35 mi6, Queensbury Road, Thornton-cleveleys, Blackpool FY5 1SW3
£122K02/210.37 mi22, Richmond Avenue, Thornton-cleveleys, Lancashire FY5 2BP3

Local Rents

26 rents from £700/mo to £1.2K/mo, average is £901/mo.

RentDateDistanceAddressBeds 
£82505/240.14 miThornton-Cleveleys, Thornton-Cleveleys, FY53
£82512/240.14 mi-3
£93204/240.14 mi-3
£97503/250.14 mi-3
£92704/240.14 miNorth Drive, Cleveleys, FY53
£85004/240.15 miNorth Drive, Thornton-Cleveleys, Lancashire, FY53
£99504/240.15 mi-3
£99504/240.15 mi-3
£89504/240.15 mi-3
£99504/240.15 mi-3
£99504/240.15 mi-3
£82504/240.19 mi-3
£70004/240.25 miVictoria Road West3
£90002/240.34 mi-3
£1,20005/240.35 miQueensbury Road, Thornton-Cleveleys3
£1,00004/240.43 miMaplewood Drive, Thornton-Cleveleys, Lancashire, FY53
£90104/240.44 miAlconbury Crescent, Thornton-Cleveleys, Lancashire, FY53
£1,00002/250.45 mi-3
£1,10004/240.45 miHeriot Close, Thornton-Cleveleys3
£87504/240.45 miWarren Grove, Thornton-Cleveleys3
£87512/240.46 mi-3
£89504/240.46 miWarren Grove, Thornton-Cleveleys, FY5 3TX3
£80004/240.47 miElms Avenue, Thornton-Cleveleys3
£75804/240.52 miSlinger Road, Thornton-Cleveleys, Lancashire, FY53
£97504/240.57 miStockdove Way, Thornton-Cleveleys3
£85012/240.61 mi-3

Local Area Statistics

Population in FY5

44,800

Town centre distance

0.94 miles away

Nearest school

0.10 miles away

Nearest train station

2.51 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+2%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Price changed to £120,000

January 31, 2025

Listed for £130,000

November 4, 2024

Floor Plans

Description

  • A Three Bedroom Semi Detached Home In Need Of Updating +
  • Ground Floor WC, Bay Fronted Lounge Into A Dining Room +
  • Separate Kitchen, Three Good Sized Bedrooms +
  • Stylish Three Piece Bathroom, Generously Sized & Enclosed Gardens +
  • Offer Street Parking, NO CHAIN +
  • Ideally Located Close To The Promenade & Cleveleys +

Entrance Porch – Double glazed windows to the front and PVC door in. Entrance Hallway – Fitted carpet, radiator stairs to the first floor. Ground Floor WC – A two piece suite comprising of a low flush WC and corner wash hand basin. A double glazed window to the side, vinyl flooring and radiator. Lounge 4.38m x 3.68m – A double glazed bay window to the front, fitted carpet and a radiator. Opening into; Dining Room 4.54m x 3.68m – Two double glazed windows to the rear and a double glazed door to the rear, fitted carpet, radiator and feature fire on hearth and base. Kitchen 3.76m x 2.25m – A range of wall and base units with complimentary work surfaces over, inset stainless steel sink unit with mixer tap and drainer, plumbing for a washing machine, space for a fridge and space for an electric cooker.  A double glazed window to the rear, tiled walls, vinyl flooring, wall mounted boiler and a PVC door to the side. Landing – A double glazed window to the side, fitted carpet and access to all rooms. Bedroom One 4.39m x 3.51m – A double glazed bay window to the front, fitted carpet and radiator. Bedroom Two 4.38m x 3.17m – A double glazed window to the rear, fitted carpet, radiator and fitted wardrobes. Bedroom Three 2.59m x 1.87m – A double glazed window to the front, fitted carpet and radiator. Bathroom – A three piece suite comprising of a low flush WC, large wash hand basin with inbuilt storage below and a walk in shower cubicle with mains fed shower over.  A double glazed opaque window to the rear, vinyl flooring and a heated chrome towel radiator. Exterior Rear – A good sized garden is on offer and briefly comprises of paved steps leading down to a laid to lawn area with raised planters with mature shrubs and flowers. The garden is nicely secured with timber fencing and extends to the side of the house and to the front garden. Exterior Front – Ample off street parking is on offer with raised planters with shrubs and flowers. EPC band: C Council Tax Band: B Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate. Money Laundering Regulations Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £70 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.

Agent Details

Yopa, North West & Midlands

01525 659945

Next Steps?

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