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 |
BMV | 20% |
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.
Local Rents
21 rents from £595/mo to £1.3K/mo, average is £725/mo.
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
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