2 Bed Flat, Single Let, Thornton-Cleveleys, FY5 1DH, £85,000

Ellerbeck Road, Cleveleys, FY5 1DH - 1 views - 5 months ago

Leasehold
BTL
ROI: 9%
~59 m²
+13 photos

ValuationUndervalued

Sold Prices£47K - £206.4K
Sold Prices/m²£922/m² - £2.6K/m²

 

 

Square Metres

~59.10 m²
Price/m²£1.4K/m²

Value Estimate

£102,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£21,250

Stamp Duty & Legal Fees

£3,750

Total Cash In

£25,000

 

 

Cash Out

 

Rent Range

£595 - £1,295

Rent Estimate

£599

Running Costs/mo

£405

Cashflow/mo

£194

Cashflow/yr

£2,323

ROI

9%

Gross Yield

8%

Local Sold Prices

29 sold prices from £47K to £206.4K, average is £126K. £922/m² to £2.6K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£206.4K09/220.07 mi304, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£195K10/210.07 mi309, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£199.9K06/230.07 mi313, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£179.9K12/220.07 mi207, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£120K03/210.07 mi204, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£135K11/200.07 mi202, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£149K02/210.07 mi109, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£150K02/210.07 mi1, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£130K05/210.07 mi2, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£151K10/200.07 mi103, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£175K12/220.08 miFlat 3, Grosvenor Court, Ellerbeck Road, Thornton-cleveleys, Lancashire FY5 1TD2
£47K07/210.26 mi97f, Beach Road, Thornton-cleveleys, Lancashire FY5 1EW2
£120K07/230.32 mi123, Sovereign Court, Thornton-cleveleys, Blackpool FY5 3PH2
£92K01/210.32 mi102, Sovereign Court, Thornton-cleveleys, Blackpool FY5 3PH2
£101K04/230.33 mi20, Sandy Close, Thornton-cleveleys, Lancashire FY5 1FF2
£97K04/230.33 mi4, Sandy Close, Thornton-cleveleys, Lancashire FY5 1FF2
£75K06/210.39 mi44b, Beach Road, Thornton-cleveleys, Lancashire FY5 1EQ2
£150K11/200.46 mi18, Beechwood Drive, Thornton-cleveleys, Lancashire FY5 5EH2
£175K12/200.79 mi2, East Court, Thornton-cleveleys, Lancashire FY5 1JS2
£130K10/200.79 miFlat 13, Wilvere Court, Queens Promenade, Thornton-cleveleys, Blackpool FY5 1PG2
£130K10/200.79 miFlat 17, Wilvere Court, Queens Promenade, Thornton-cleveleys, Blackpool FY5 1PG2
£117.3K11/200.79 miFlat 2, Wilvere Court, Queens Promenade, Thornton-cleveleys, Blackpool FY5 1PG2
£126K04/210.79 miFlat 32, Wilvere Court, Queens Promenade, Thornton-cleveleys, Blackpool FY5 1PG2
£109K11/210.81 miFlat 7, Oakleaf Court, Cleveleys Avenue, Thornton-cleveleys, Lancashire FY5 2NX2
£108K12/220.82 mi26, Gorse Avenue, Thornton-cleveleys, Lancashire FY5 2PJ2
£94K12/200.9 mi17, Pochard Place, Thornton-cleveleys, Lancashire FY5 3FH2
£97K01/230.94 mi84a, Eastpines Drive, Thornton-cleveleys, Blackpool FY5 3RZ2
£95K12/220.98 miFlat 20, Warren Manor, Warren Drive, Thornton-cleveleys, Blackpool FY5 3TG2
£85K06/210.99 miFlat 20, Warren Manor, Warren Drive, Thornton-cleveleys, Blackpool FY5 3TG2

Local Rents

21 rents from £595/mo to £1.3K/mo, average is £725/mo.

RentDateDistanceAddressBeds 
£72504/240.08 miVictoria Road West, Thornton-Cleveleys, Lancashire, FY52
£60012/240.08 mi-2
£1,29504/250.1 mi-2
£70004/240.1 mi5 Crescent West, Cleveleys. FY5 1AB2
£71312/240.1 mi-2
£75012/240.11 mi-2
£1,25003/250.11 mi-2
£69503/250.19 mi-2
£75004/240.26 miPLEASE PHONE FOR VIEWINGS - Victoria Road West, Thornton-Cleveleys2
£67505/240.28 miSt. Davids Court, St. Davids Avenue, Cleveleys2
£86504/240.29 mi-2
£86003/250.29 mi-2
£77503/250.3 mi-2
£77502/250.31 mi-2
£67501/240.33 mi-2
£85001/250.33 mi-2
£85001/250.33 mi-2
£62504/240.41 mi-2
£65004/240.41 mi-2
£59502/240.44 mi-2
£67501/250.45 mi-2

Local Area Statistics

Population in FY5

44,800

Town centre distance

1.25 miles away

Nearest school

0.40 miles away

Nearest train station

2.92 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+2%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Listed for £85,000

November 21, 2024

Floor Plans

Description

NO CHAIN Ready to move into first floor apartment for sale in Ellerbeck Road, Cleveleys. The property boasts fantastic room sizes throughout, has been very well maintained and is within a two minute walk away from the centre of Cleveleys, local shops, restaurant's and transport links. Briefly comprising; communal hallway, inner hallway, kitchen, lounge, two bedrooms, bathroom, wc, communal parking and garden. CALL TO VIEW.

COMMUNAL HALLWAY
UPVC double glazed entrance door to front aspect, stairs to apartment and meter cupboard.

INNER HALLWAY
UPVC double glazed window to side aspect and storage heater.

KITCHEN
7'11 x 6'9 (2.42 x 2.06)
UPVC double glazed windows to front aspect, fitted wall, base unit with complimentary work tops, integrated oven, hob with extractor fan over, stainless steel sink,drainer with mixer tap, space for under the counter fridge and plumbed for washing machine.

LOUNGE
14'0 x 12'10 (4.28 x 3.90)
UPVC double glazed window to rear aspect, electric fire in surround and storage heater.

BEDROOM ONE
13'4 X 12'10 (4.07 X 3.90)
UPVC double glazed bay window to front aspect, a range of fitted wardrobes and storage heater.

BEDROOM TWO
10'3 x 10'0 (3.11 x 3.04)
UPVC double glazed window to the rear aspect and storage heater.

BATHROOM
7'7 x 5'7 (2.31 x 1.71)
UPVC double glazed opaque window to the side aspect,fitted two piece suite comprising; panelled bath with shower overhead, wash hand basin, storage cupboard, towel radiator and part tiled walls.

EXTERNAL
off road parking to the rear of the property and to the left of the path in the rear garden belongs to the flat.

TENURE
We have been informed that the property is Leasehold; prospective purchasers should seek clarification of this from their solicitors. We have been informed there is no Service charge and ground rent payable.

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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