2 Bed Flat, Single Let, Thornton-Cleveleys, FY5 4HW, £85,000

Crabtree Road, Thornton-Cleveleys, Lancashire, FY5 4HW - 5 months ago

Sold STC
Leasehold
BTL
ROI: 10%
~52 m²
+2 photos

ValuationFair Value

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

 

 

Square Metres

~52.30 m²
Price/m²£1.6K/m²

Value Estimate

£84,745

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£21,250

Stamp Duty & Legal Fees

£5,450

Total Cash In

£26,700

 

 

Cash Out

 

Rent Range

£525 - £975

Rent Estimate

£625

Running Costs/mo

£411

Cashflow/mo

£214

Cashflow/yr

£2,573

ROI

10%

Gross Yield

9%

Local Sold Prices

45 sold prices from £47K to £206.4K, average is £104K. £922/m² to £2.6K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£150K07/210.37 mi10, Tennyson Avenue, Thornton-cleveleys, Lancashire FY5 2ET2
£60K02/210.64 mi18, Heather Close, Thornton-cleveleys, Lancashire FY5 3NF2
£70K01/210.64 mi20, Heather Close, Thornton-cleveleys, Lancashire FY5 3NF2
£87.5K04/230.64 mi18, Heather Close, Thornton-cleveleys, Lancashire FY5 3NF2
£108K12/220.75 mi26, Gorse Avenue, Thornton-cleveleys, Lancashire FY5 2PJ2
£73K12/200.87 mi96, Aintree Road, Thornton-cleveleys, Lancashire FY5 5HP2
£83.5K05/230.89 mi109, Ascot Road, Thornton-cleveleys, Lancashire FY5 5HL2
£94K12/200.96 mi17, Pochard Place, Thornton-cleveleys, Lancashire FY5 3FH2
£105K06/230.98 mi11, Fairhaven Close, Thornton-cleveleys, Lancashire FY5 5AF2
£80K10/200.98 mi17, Fairhaven Close, Thornton-cleveleys, Lancashire FY5 5AF2
£104K07/210.98 mi8, Fairhaven Close, Thornton-cleveleys, Lancashire FY5 5AF2
£85K10/211.03 mi12, Sanderling Close, Thornton-cleveleys, Lancashire FY5 3FN2
£150K11/201.06 mi18, Beechwood Drive, Thornton-cleveleys, Lancashire FY5 5EH2
£97K01/231.15 mi84a, Eastpines Drive, Thornton-cleveleys, Blackpool FY5 3RZ2
£109K11/211.16 miFlat 7, Oakleaf Court, Cleveleys Avenue, Thornton-cleveleys, Lancashire FY5 2NX2
£80K02/231.32 mi8, Melbourne Avenue, Thornton-cleveleys, Blackpool FY5 3DX2
£75K06/211.33 mi44b, Beach Road, Thornton-cleveleys, Lancashire FY5 1EQ2
£95K12/221.41 miFlat 20, Warren Manor, Warren Drive, Thornton-cleveleys, Blackpool FY5 3TG2
£85K06/211.42 miFlat 20, Warren Manor, Warren Drive, Thornton-cleveleys, Blackpool FY5 3TG2
£120K07/231.44 mi123, Sovereign Court, Thornton-cleveleys, Blackpool FY5 3PH2
£92K01/211.44 mi102, Sovereign Court, Thornton-cleveleys, Blackpool FY5 3PH2
£175K12/201.46 mi2, East Court, Thornton-cleveleys, Lancashire FY5 1JS2
£72.5K11/221.48 mi30, Osborne Grove, Thornton-cleveleys, Lancashire FY5 1HP2
£47K07/211.48 mi97f, Beach Road, Thornton-cleveleys, Lancashire FY5 1EW2
£101K04/231.49 mi20, Sandy Close, Thornton-cleveleys, Lancashire FY5 1FF2
£97K04/231.49 mi4, Sandy Close, Thornton-cleveleys, Lancashire FY5 1FF2
£175K12/221.58 miFlat 3, Grosvenor Court, Ellerbeck Road, Thornton-cleveleys, Lancashire FY5 1TD2
£206.4K09/221.59 mi304, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£195K10/211.59 mi309, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£199.9K06/231.59 mi313, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£179.9K12/221.59 mi207, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£120K03/211.59 mi204, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£135K11/201.59 mi202, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£149K02/211.59 mi109, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£150K02/211.59 mi1, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£130K05/211.59 mi2, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£151K10/201.59 mi103, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£57.5K10/211.7 mi22, Kincraig Place, Blackpool FY2 0NA2
£98K09/221.76 mi35, Tennyson Drive, Bispham, Blackpool FY2 0GH2
£77.5K09/221.8 mi13a, Brook Street, Fleetwood, Lancashire FY7 7PZ2
£130K10/201.95 miFlat 13, Wilvere Court, Queens Promenade, Thornton-cleveleys, Blackpool FY5 1PG2
£130K10/201.95 miFlat 17, Wilvere Court, Queens Promenade, Thornton-cleveleys, Blackpool FY5 1PG2
£117.3K11/201.95 miFlat 2, Wilvere Court, Queens Promenade, Thornton-cleveleys, Blackpool FY5 1PG2
£126K04/211.95 miFlat 32, Wilvere Court, Queens Promenade, Thornton-cleveleys, Blackpool FY5 1PG2
£89.5K08/211.97 miFlat 27, Wimbledon Court, Wimbledon Avenue, Thornton-cleveleys, Blackpool FY5 1BE2

Local Rents

27 rents from £525/mo to £975/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£89503/240.08 mi-2
£89502/240.12 mi-2
£65004/240.21 miTrunnah Road, Thornton-Cleveleys, Lancashire, FY52
£65012/240.21 mi-2
£72503/250.23 mi-2
£70001/250.24 mi-2
£95005/240.24 miWest Drive, Thornton-Cleveleys2
£75004/250.25 mi-2
£75004/240.25 mi-2
£52504/240.25 miButts Road, Thornton-Cleveleys, Lancashire, FY52
£77504/240.27 miLongton Avenue, Thornton-Cleveleys, FY52
£72504/240.28 mi-2
£85005/240.29 mi-2
£97504/240.31 mi8 Ruskin Avenue, Thornton-Cleveleys, Lancashire, FY52
£96002/240.35 mi-2
£97510/240.35 mi-2
£67504/240.39 miGrange Avenue, Thornton-Cleveleys2
£65004/240.43 mi-2
£65004/240.43 mi-2
£65004/240.43 miFleetwood Road North, Thornton-Cleveleys, FY52
£85005/240.45 miFleetwood Road North, Thornton-Cleveleys, Lancashire, FY52
£77503/240.47 mi-2
£70004/240.5 miLancaster Avenue, FY52
£89504/240.5 miKeepers Hey, Thornton-Cleveleys2
£87504/240.5 miDevonshire Avenue, Thornton-Cleveleys, FY52
£69304/240.53 miSandwell Avenue, Thornton-Cleveleys, Lancashire, FY52
£75003/240.53 mi-2

Local Area Statistics

Population in FY5

44,800

Town centre distance

0.43 miles away

Nearest school

0.10 miles away

Nearest train station

2.44 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+2%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Price changed to £85,000

January 19, 2025

Listed for £95,000

November 26, 2024

Floor Plans

Description

  • Spacious First Floor Flat +
  • Two Double Bedrooms +
  • Close To All Local Amentities +
  • Please Call The Office To Arrange A Viewing +

Welcome to Kingston Mews! This upper floor flat has to offer a spacious living room and two good sized bedrooms, ample sized kitchen and three piece bathroom. The property benefits from off street parking to the rear and is close to all local amenities.

Can be sold with the tenant in situ, current rent collected is £625pcm.

Please call the office to arrange a viewing now!

Agent Details

Entwistle Green, Cleveleys

01253 835078

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪