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2 Bed Flat, Single Let, Thornton-Cleveleys, FY5 1DL, £80,000

Kingsway, Thornton-Cleveleys, FY5 1DL - 5 views - 4 months ago

Leasehold
BTL
ROI: 12%
~68 m²
+5 photos

ValuationUndervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£1.2K/m²

Value Estimate

£97,600
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£20,000

Stamp Duty & Legal Fees

£3,600

Total Cash In

£23,600

 

 

Cash Out

 

Rent Range

£595 - £1,295

Rent Estimate

£625

Running Costs/mo

£395

Cashflow/mo

£230

Cashflow/yr

£2,760

ROI

12%

Gross Yield

9%

Local Sold Prices

30 sold prices from £47K to £206.4K, average is £123K. £922/m² to £2.6K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£206.4K09/220.09 mi304, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£195K10/210.09 mi309, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£199.9K06/230.09 mi313, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£179.9K12/220.09 mi207, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£120K03/210.09 mi204, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£135K11/200.09 mi202, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£149K02/210.09 mi109, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£150K02/210.09 mi1, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£130K05/210.09 mi2, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£151K10/200.09 mi103, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£175K12/220.12 miFlat 3, Grosvenor Court, Ellerbeck Road, Thornton-cleveleys, Lancashire FY5 1TD2
£120K07/230.28 mi123, Sovereign Court, Thornton-cleveleys, Blackpool FY5 3PH2
£92K01/210.28 mi102, Sovereign Court, Thornton-cleveleys, Blackpool FY5 3PH2
£47K07/210.31 mi97f, Beach Road, Thornton-cleveleys, Lancashire FY5 1EW2
£101K04/230.38 mi20, Sandy Close, Thornton-cleveleys, Lancashire FY5 1FF2
£97K04/230.38 mi4, Sandy Close, Thornton-cleveleys, Lancashire FY5 1FF2
£75K06/210.43 mi44b, Beach Road, Thornton-cleveleys, Lancashire FY5 1EQ2
£150K11/200.46 mi18, Beechwood Drive, Thornton-cleveleys, Lancashire FY5 5EH2
£130K10/200.74 miFlat 13, Wilvere Court, Queens Promenade, Thornton-cleveleys, Blackpool FY5 1PG2
£130K10/200.74 miFlat 17, Wilvere Court, Queens Promenade, Thornton-cleveleys, Blackpool FY5 1PG2
£117.3K11/200.74 miFlat 2, Wilvere Court, Queens Promenade, Thornton-cleveleys, Blackpool FY5 1PG2
£126K04/210.74 miFlat 32, Wilvere Court, Queens Promenade, Thornton-cleveleys, Blackpool FY5 1PG2
£108K12/220.83 mi26, Gorse Avenue, Thornton-cleveleys, Lancashire FY5 2PJ2
£175K12/200.83 mi2, East Court, Thornton-cleveleys, Lancashire FY5 1JS2
£109K11/210.85 miFlat 7, Oakleaf Court, Cleveleys Avenue, Thornton-cleveleys, Lancashire FY5 2NX2
£94K12/200.87 mi17, Pochard Place, Thornton-cleveleys, Lancashire FY5 3FH2
£97K01/230.9 mi84a, Eastpines Drive, Thornton-cleveleys, Blackpool FY5 3RZ2
£95K12/220.93 miFlat 20, Warren Manor, Warren Drive, Thornton-cleveleys, Blackpool FY5 3TG2
£85K06/210.94 miFlat 20, Warren Manor, Warren Drive, Thornton-cleveleys, Blackpool FY5 3TG2
£85K10/210.97 mi12, Sanderling Close, Thornton-cleveleys, Lancashire FY5 3FN2

Local Rents

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

RentDateDistanceAddressBeds 
£71312/240.06 mi-2
£70004/240.06 mi5 Crescent West, Cleveleys. FY5 1AB2
£60012/240.11 mi-2
£72504/240.13 miVictoria Road West, Thornton-Cleveleys, Lancashire, FY52
£75012/240.13 mi-2
£1,29503/250.15 mi-2
£1,25003/250.16 mi-2
£69502/250.22 mi-2
£67505/240.25 miSt. Davids Court, St. Davids Avenue, Cleveleys2
£75004/240.26 miPLEASE PHONE FOR VIEWINGS - Victoria Road West, Thornton-Cleveleys2
£77502/250.33 mi-2
£77502/250.33 mi-2
£86504/240.33 mi-2
£86003/250.33 mi-2
£67501/240.38 mi-2
£85001/250.38 mi-2
£85001/250.38 mi-2
£67501/250.43 mi-2
£62504/240.45 mi-2
£65004/240.45 mi-2
£59502/240.48 mi-2

Links

Local Area Statistics

Population in FY5

44,800

Town centre distance

1.24 miles away

Nearest school

0.30 miles away

Nearest train station

2.87 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+2%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Listed for £80,000

December 9, 2024

Sold for £52,700

2016

Floor Plans

Description

  • Town Centre Location, +
  • Spacious Lounge +
  • TWO Bedroom, First Floor Apartment - GREAT LOCATION +
  • Kitchen, Bathroom With Separate Toilet +
  • Minutes From The Award Winning Promenade +
  • NEW ROOF 2022 +

TWO bedroom, first floor apartment, minutes from Cleveleys town centre amenities, to include award winning promenade, high street shops, restaurants and wine bars with excellent transport links nearby! Offering extremely spacious and versatile living accommodation with two bedrooms, spacious lounge and bathroom with NO CHAIN DELAY! Call Unique Thornton To View!

EARLY Viewing Essential To Appreciate Space Available, NEW ROOF (2022) Some Updating Required So Perfect For An Investor Or Someone Looking to Make Their Own Stamp & Design Their Own Home!

EPC: D

Council Tax: A

Internal living Space: 59sqm

Tenure: Leasehold,

Agent Details

Unique Estate Agency Ltd, Thornton Cleveleys

01253 835787

Next Steps?

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

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