2 Bed Flat, Potential PLO/LOA, Thornton-Cleveleys, FY5 3RZ, £86,000





ValuationUndervalued
Sold Prices | £57.5K - £206.4K |
Sold Prices/m² | £1.1K/m² - £2.6K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £1.3K/m² |
Value Estimate | £93,750£93,750 |
BMV | 25% |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £21,500£21,500 |
Stamp Duty & Legal Fees | £3,450£3,450 |
Total Cash In | £24,950£24,950 |
| |
Cash Out | |
Rent Range | £595 - £1,350£595 - £1,350 |
Rent Estimate | £599 |
Running Costs/mo | £409£409 |
Cashflow/mo | £190£190 |
Cashflow/yr | £2,285£2,285 |
ROI | 9%9% |
Gross Yield | 8%8% |
Local Sold Prices
30 sold prices from £57.5K to £206.4K, average is £103K. £1.1K/m² to £2.6K/m², average is £1.6K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£97K | 01/23 | 0 mi | 84a, Eastpines Drive, Thornton-cleveleys, Blackpool FY5 3RZ | £1,426 | 68 | 2 | Flat | |
£85K | 10/21 | 0.13 mi | 12, Sanderling Close, Thornton-cleveleys, Lancashire FY5 3FN | - | - | 2 | Flat | |
£94K | 12/20 | 0.2 mi | 17, Pochard Place, Thornton-cleveleys, Lancashire FY5 3FH | £1,516 | 62 | 2 | Flat | |
£95K | 12/22 | 0.26 mi | Flat 20, Warren Manor, Warren Drive, Thornton-cleveleys, Blackpool FY5 3TG | £1,377 | 69 | 2 | Flat | |
£85K | 06/21 | 0.27 mi | Flat 20, Warren Manor, Warren Drive, Thornton-cleveleys, Blackpool FY5 3TG | £1,232 | 69 | 2 | Flat | |
£80K | 02/23 | 0.28 mi | 8, Melbourne Avenue, Thornton-cleveleys, Blackpool FY5 3DX | £1,230 | 65 | 2 | Flat | |
£120K | 07/23 | 0.64 mi | 123, Sovereign Court, Thornton-cleveleys, Blackpool FY5 3PH | £1,471 | 82 | 2 | Flat | |
£92K | 01/21 | 0.64 mi | 102, Sovereign Court, Thornton-cleveleys, Blackpool FY5 3PH | £1,394 | 66 | 2 | Flat | |
£57.5K | 10/21 | 0.68 mi | 22, Kincraig Place, Blackpool FY2 0NA | £1,173 | 49 | 2 | Flat | |
£73K | 12/20 | 0.68 mi | 96, Aintree Road, Thornton-cleveleys, Lancashire FY5 5HP | £1,553 | 47 | 2 | Flat | |
£150K | 11/20 | 0.72 mi | 18, Beechwood Drive, Thornton-cleveleys, Lancashire FY5 5EH | £2,083 | 72 | 2 | Flat | |
£83.5K | 05/23 | 0.74 mi | 109, Ascot Road, Thornton-cleveleys, Lancashire FY5 5HL | £1,777 | 47 | 2 | Flat | |
£98K | 09/22 | 0.82 mi | 35, Tennyson Drive, Bispham, Blackpool FY2 0GH | £1,679 | 58 | 2 | Flat | |
£89.5K | 08/21 | 0.82 mi | Flat 27, Wimbledon Court, Wimbledon Avenue, Thornton-cleveleys, Blackpool FY5 1BE | - | - | 2 | Flat | |
£60K | 02/21 | 0.89 mi | 18, Heather Close, Thornton-cleveleys, Lancashire FY5 3NF | £1,111 | 54 | 2 | Flat | |
£70K | 01/21 | 0.89 mi | 20, Heather Close, Thornton-cleveleys, Lancashire FY5 3NF | £1,273 | 55 | 2 | Flat | |
£87.5K | 04/23 | 0.89 mi | 18, Heather Close, Thornton-cleveleys, Lancashire FY5 3NF | £1,620 | 54 | 2 | Flat | |
£117.3K | 11/20 | 0.89 mi | Flat 2, Wilvere Court, Queens Promenade, Thornton-cleveleys, Blackpool FY5 1PG | - | - | 2 | Flat | |
£126K | 04/21 | 0.89 mi | Flat 32, Wilvere Court, Queens Promenade, Thornton-cleveleys, Blackpool FY5 1PG | - | - | 2 | Flat | |
£108K | 12/22 | 0.91 mi | 26, Gorse Avenue, Thornton-cleveleys, Lancashire FY5 2PJ | - | - | 2 | Flat | |
£150K | 07/21 | 0.93 mi | 10, Tennyson Avenue, Thornton-cleveleys, Lancashire FY5 2ET | - | - | 2 | Flat | |
£206.4K | 09/22 | 0.99 mi | 304, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE | £2,196 | 94 | 2 | Flat | |
£195K | 10/21 | 0.99 mi | 309, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE | £2,097 | 93 | 2 | Flat | |
£199.9K | 06/23 | 0.99 mi | 313, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE | £2,438 | 82 | 2 | Flat | |
£179.9K | 12/22 | 0.99 mi | 207, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE | £2,646 | 68 | 2 | Flat | |
£120K | 03/21 | 0.99 mi | 204, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE | £1,481 | 81 | 2 | Flat | |
£135K | 11/20 | 0.99 mi | 202, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE | £1,929 | 70 | 2 | Flat | |
£149K | 02/21 | 0.99 mi | 109, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE | £2,191 | 68 | 2 | Flat | |
£150K | 02/21 | 0.99 mi | 1, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE | £1,875 | 80 | 2 | Flat | |
£130K | 05/21 | 0.99 mi | 2, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE | £1,884 | 69 | 2 | Flat |
Local Rents
50 rents from £595/mo to £1.4K/mo, average is £750/mo.
Rent | Date | Distance | Address | Beds | Type | |
£750 | 04/24 | 0.06 mi | Eastpines Drive, Thornton-Cleveleys, FY5 3RY | 2 | Bungalow | |
£775 | 05/24 | 0.12 mi | Seabrook Drive, Thornton Cleveleys | 2 | Bungalow | |
£695 | 04/25 | 0.17 mi | - | 2 | Flat | |
£750 | 04/24 | 0.18 mi | - | 2 | Flat | |
£650 | 04/24 | 0.26 mi | Rosebank, Thornton-Cleveleys, Lancashire, FY5 | 2 | Flat | |
£695 | 04/24 | 0.26 mi | Rosebank, Thornton-Cleveleys | 2 | Flat | |
£675 | 01/25 | 0.54 mi | - | 2 | Bungalow | |
£825 | 12/24 | 0.64 mi | - | 2 | Bungalow | |
£825 | 04/24 | 0.64 mi | Kelvin Road, Thornton-Cleveleys, FY5 | 2 | Bungalow | |
£675 | 05/24 | 0.68 mi | St. Davids Court, St. Davids Avenue, Cleveleys | 2 | Flat | |
£695 | 01/25 | 0.68 mi | - | 2 | Flat | |
£775 | 03/24 | 0.68 mi | - | 2 | Terraced House | |
£850 | 05/24 | 0.74 mi | Fleetwood Road North, Thornton-Cleveleys, Lancashire, FY5 | 2 | Semi-Detached House | |
£650 | 04/24 | 0.75 mi | - | 2 | Flat | |
£650 | 04/24 | 0.75 mi | - | 2 | Flat | |
£650 | 04/24 | 0.75 mi | Fleetwood Road North, Thornton-Cleveleys, FY5 | 2 | Flat | |
£750 | 04/24 | 0.76 mi | PLEASE PHONE FOR VIEWINGS - Victoria Road West, Thornton-Cleveleys | 2 | Flat | |
£595 | 04/24 | 0.79 mi | Kincraig Place, Thornton-Cleveleys, Lancashire, FY2 | 2 | Flat | |
£750 | 03/24 | 0.79 mi | - | 2 | Terraced House | |
£875 | 04/24 | 0.83 mi | Devonshire Avenue, Thornton-Cleveleys, FY5 | 2 | Bungalow | |
£713 | 04/25 | 0.84 mi | - | 2 | Flat | |
£700 | 04/24 | 0.84 mi | 5 Crescent West, Cleveleys. FY5 1AB | 2 | Flat | |
£795 | 04/24 | 0.84 mi | - | 2 | Bungalow | |
£825 | 02/25 | 0.86 mi | - | 2 | Bungalow | |
£960 | 02/24 | 0.87 mi | - | 2 | Bungalow | |
£975 | 10/24 | 0.87 mi | - | 2 | Bungalow | |
£850 | 05/24 | 0.89 mi | - | 2 | Semi-Detached House | |
£600 | 12/24 | 0.9 mi | - | 2 | Flat | |
£750 | 12/24 | 0.9 mi | - | 2 | Flat | |
£675 | 04/24 | 0.9 mi | Grange Avenue, Thornton-Cleveleys | 2 | Bungalow | |
£775 | 02/25 | 0.91 mi | - | 2 | Flat | |
£775 | 04/25 | 0.92 mi | - | 2 | Flat | |
£695 | 02/25 | 0.92 mi | - | 2 | Flat | |
£700 | 04/24 | 0.94 mi | Victoria Road East, Thornton, FY5 | 2 | Terraced House | |
£675 | 04/24 | 0.94 mi | Victoria Road East, Thornton-Cleveleys, Lancashire, FY5 | 2 | Flat | |
£750 | 04/24 | 0.95 mi | - | 2 | Semi-Detached House | |
£775 | 04/24 | 0.96 mi | Longton Avenue, Thornton-Cleveleys, FY5 | 2 | Terraced House | |
£750 | 04/25 | 0.97 mi | - | 2 | Terraced House | |
£725 | 04/24 | 0.97 mi | - | 2 | Terraced House | |
£725 | 04/24 | 0.98 mi | Victoria Road West, Thornton-Cleveleys, Lancashire, FY5 | 2 | Flat | |
£725 | 04/25 | 0.98 mi | - | 2 | Semi-Detached House | |
£975 | 04/24 | 1.02 mi | 8 Ruskin Avenue, Thornton-Cleveleys, Lancashire, FY5 | 2 | Flat | |
£865 | 04/24 | 1.02 mi | - | 2 | Semi-Detached House | |
£860 | 03/25 | 1.02 mi | - | 2 | Semi-Detached House | |
£1,295 | 04/25 | 1.03 mi | - | 2 | Flat | |
£1,250 | 04/25 | 1.04 mi | - | 2 | Flat | |
£1,350 | 04/25 | 1.04 mi | - | 2 | Flat | |
£700 | 04/24 | 1.04 mi | Lawsons Road, Thornton-Cleveleys, Lancashire, FY5 | 2 | Flat | |
£700 | 01/25 | 1.06 mi | - | 2 | Terraced House | |
£650 | 04/24 | 1.06 mi | Trunnah Road, Thornton-Cleveleys, Lancashire, FY5 | 2 | Terraced House |
Local Area Statistics
Population in FY5 | 44,80044,800 |
Town centre distance | 0.73 miles away0.73 miles away |
Nearest school | 0.20 miles away0.20 miles away |
Nearest train station | 2.02 miles away2.02 miles away |
| |
Rental demand | Tenant's marketTenant's market |
Rental growth (12m) | +2%+2% |
Sales demand | Balanced marketBalanced market |
Capital growth (5yrs) | +21%+21% |
Property History
Price changed to £86,000
December 4, 2024
Listed for £75,000
November 5, 2024
Sold for £82,000
2010
Floor Plans

Description
- Well Presented Two Bedroom First Floor Apartment +
- Private Entrance, Good Size Reception Room, Fitted Kitchen +
- Two Double Bedrooms, Three Piece Shower Room +
- No Ground Rent or Service Charge +
- Council Tax Band B +
- Close To Local Amenities +
- Sought After Location +
- Excellent Investment Opportunity Or First Time Buy +
National Residential are delighted to offer this well-presented and spacious 2-Bedroom Top Floor Flat in Thornton-Cleveleys
Location
Located in a desirable and well-established residential area in Thornton-Cleveleys, this property offers easy access to local shops, a library, public transport links, and is just a short distance from Cleveleys' main shopping centre and award-winning promenade. Known for its community feel and excellent amenities, the area provides a range of schooling options, parks, and a strong sense of local character. Nearby transport links make it easy to reach surrounding towns, including Blackpool, with regular bus routes and excellent road connections.
Leasehold Information
Leasehold: 999 years from 19 January 1976 - 951 years remaining
Ground Rent: None
Service Charge: None
Council Tax Band: B
Property Details
This top-floor flat is well-maintained and spacious, offering:
* Lounge: Light-filled, generously sized, and welcoming.
* Kitchen/Dining Room: A separate kitchen with ample space for dining, featuring fitted units.
* Bedrooms: Two comfortable double bedrooms.
* Shower Room: Neatly presented and functional.
Amenities and Transport
Situated in a sought-after area, the property benefits from:
* Nearby Cleveleys Amenities - Access to high-street shops, local cafes, restaurants, and essential services.
* Excellent Transport Links - Main bus routes to Cleveleys and Blackpool, with easy connections to other towns.
* Outdoor Spaces - Proximity to local parks, including a nearby library and recreational facilities.
Viewing Information
Please watch our online video tour for a closer look at the property. Viewings are highly recommended to fully appreciate the home and location.
For More Information
For further details and to arrange a viewing, please contact our dedicated specialist sales advisor. Your future home or investment opportunity awaits - schedule your viewing today!
Important Lease Information
Prospective buyers are encouraged to carefully review the terms of the lease, including any relevant clauses, and seek legal advice to ensure a full understanding of the lease's implications and obligations.
This property is ONLY available for purchasers who are NOT in a chain.
1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage so an online Anti-Money Laundering Check can be completed. We would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3: Any measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: National Residential has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyer's interests to check the working condition of any appliances.
*By making an enquiry on this property you acknowledge that this property is strictly offers in excess of the marketing price provided. The market appraisal of this property has indicated a value in excess of our marketing price. As a consequence, and similar to any other vendor, the vendor is aiming to achieve as much as possible in excess of this marketing price provided.
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. Although the vendor may be willing to remove from the auction early for a suitable offer. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately but grant 56 days to exchange and complete. This additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a deposit of 2% (minimum of £5,000) or a Buyers fee (amount or % will be stated in main advert., which secures the transaction and takes the property off the market. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction and can be viewed in full on our website.