2 Bed Flat, Single Let, Poulton-le-Fylde, FY6 7EP, £129,995

Garstang Road East, Poulton Le Fylde, FY6 7EP - 1 views - 3 months ago

Sold STC

Leasehold

BTL

ROI: 3%

~68 m²

+9 photos

ValuationFair Value

Sold Prices	£85K - £280K
Sold Prices/m²	£1.3K/m² - £2.5K/m²

Square Metres	~68.11 m²
Price/m²	£1.9K/m²
Value Estimate	£131,488£131,488

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£32,499£32,499
Stamp Duty & Legal Fees	£5,100£5,100
Total Cash In	£37,599£37,599

Cash Out
Rent Range	£650 - £1,350£650 - £1,350
Rent Estimate	£650
Running Costs/mo	£556£556
Cashflow/mo	£94£94
Cashflow/yr	£1,125£1,125
ROI	3%3%
Gross Yield	6%6%

Local Sold Prices

27 sold prices from £85K to £280K, average is £141.5K. £1.3K/m² to £2.5K/m², average is £1.9K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£90K	12/20	0.03 mi	Flat 10, Greenbank, Argyle Road, Poulton-le-fylde, Lancashire FY6 7EW	-	-	2	Flat
£85K	10/22	0.03 mi	Flat 4, Greenbank, Argyle Road, Poulton-le-fylde, Lancashire FY6 7EW	-	-	2	Flat
£107K	12/22	0.03 mi	Flat 3, Greenbank, Argyle Road, Poulton-le-fylde, Lancashire FY6 7EW	-	-	2	Flat
£145K	09/23	0.14 mi	5, Carr Head Lane, Poulton-le-fylde, Lancashire FY6 8JA	£2,101	69	2	Flat
£149K	06/21	0.19 mi	81, Garden Close, Poulton-le-fylde, Lancashire FY6 7WG	£2,014	74	2	Flat
£167K	10/22	0.19 mi	97, Garden Close, Poulton-le-fylde, Lancashire FY6 7WG	£1,813	92	2	Flat
£165K	05/21	0.19 mi	83, Garden Close, Poulton-le-fylde, Lancashire FY6 7WG	£2,188	75	2	Flat
£120K	11/21	0.21 mi	7, Windsor Court, Poulton-le-fylde, Lancashire FY6 7UX	£1,277	94	2	Flat
£107K	07/21	0.21 mi	27, Windsor Court, Poulton-le-fylde, Lancashire FY6 7UX	£1,877	57	2	Flat
£110K	06/21	0.21 mi	33, Windsor Court, Poulton-le-fylde, Lancashire FY6 7UX	£2,098	52	2	Flat
£126K	06/23	0.21 mi	9, Windsor Court, Poulton-le-fylde, Lancashire FY6 7UX	£1,636	77	2	Flat
£175.3K	12/22	0.21 mi	122, Moorland Road, Poulton-le-fylde, Lancashire FY6 7ER	£2,075	84	2	Flat
£280K	10/23	0.22 mi	47, Poulton Gardens, Poulton-le-fylde, Lancashire FY6 7HF	-	-	2	Flat
£161.5K	02/23	0.22 mi	11, Poulton Gardens, Poulton-le-fylde, Lancashire FY6 7HF	-	-	2	Flat
£194K	12/20	0.22 mi	21, Poulton Gardens, Poulton-le-fylde, Lancashire FY6 7HF	£1,960	99	2	Flat
£192.5K	10/21	0.22 mi	Apartment 13, Berkeley Court, Higher Green, Poulton-le-fylde, Lancashire FY6 7AW	-	-	2	Flat
£184.9K	09/22	0.22 mi	Apartment 8, Berkeley Court, Higher Green, Poulton-le-fylde, Lancashire FY6 7AW	-	-	2	Flat
£150K	06/21	0.24 mi	17, Poulton Drive, Poulton-le-fylde, Lancashire FY6 7HA	£2,174	69	2	Flat
£170K	09/22	0.24 mi	11, Poulton Drive, Poulton-le-fylde, Lancashire FY6 7HA	-	-	2	Flat
£185K	01/23	0.34 mi	20, Stocks Court, Poulton-le-fylde, Lancashire FY6 7TA	£2,534	73	2	Flat
£141.5K	02/21	0.35 mi	14, Stocks Court, Poulton-le-fylde, Lancashire FY6 7TA	£2,021	70	2	Flat
£135K	01/21	0.35 mi	29, Stocks Court, Poulton-le-fylde, Lancashire FY6 7TA	£1,901	71	2	Flat
£121K	11/22	0.35 mi	9, Stocks Court, Poulton-le-fylde, Lancashire FY6 7TA	£1,551	78	2	Flat
£92K	06/23	0.36 mi	Flat 8, Alexander Court, Chapel Street, Poulton-le-fylde, Lancashire FY6 7BQ	-	-	2	Flat
£115K	06/21	0.53 mi	46, Stanley Avenue, Poulton-le-fylde, Lancashire FY6 7DP	£1,742	66	2	Flat
£117.5K	08/21	0.55 mi	1, Farriers Way, Poulton-le-fylde, Lancashire FY6 7AN	£1,703	69	2	Flat
£117.5K	08/21	0.56 mi	1, Farriers Way, Poulton-le-fylde, Lancashire FY6 7AN	£1,703	69	2	Flat

Local Rents

32 rents from £650/mo to £1.4K/mo, average is £763/mo.

Rent	Date	Distance	Address	Beds	Type
£695	04/24	0.03 mi	Argyle Road,Poulton-Le-Fylde,FY6	2	Flat
£725	04/24	0.03 mi	Argyle Road,Poulton-Le-Fylde,FY6	2	Terraced House
£675	04/24	0.08 mi	PLEASE TELEPHONE FOR VIEWINGS - Curzon Road, Poulton-Le-Fylde	2	Terraced House
£675	04/24	0.08 mi	Carr Close, Poulton-Le-Fylde, Lancashire, FY6	2	Flat
£650	04/24	0.09 mi	PLEASE TELEPHONE FOR VIEWNGS - Main Drive, Poulton-Le-Fylde, FY6 8HZ	2	Flat
£775	12/24	0.09 mi	Westwood Avenue, Poulton-Le-Fylde, Lancashire, FY6	2	Semi-Detached House
£850	04/24	0.15 mi	Broadfield Avenue, Poulton-Le-Fylde, Lancashire, FY6	2	Bungalow
£850	12/24	0.18 mi	-	2	Flat
£850	03/25	0.18 mi	-	2	Flat
£850	04/25	0.18 mi	-	2	Flat
£950	04/24	0.2 mi	-	2	Flat
£895	04/24	0.2 mi	-	2	Terraced House
£750	12/24	0.2 mi	Windsor Court, Poulton-Le-Fylde	2	Flat
£775	04/24	0.21 mi	Windsor Court, Poulton-Le-Fylde, Lancashire, FY6	2	Flat
£850	03/25	0.22 mi	-	2	Flat
£695	12/24	0.28 mi	Higher Green, Poulton-Le-Fylde, Lancashire, FY6	2	Terraced House
£800	12/24	0.34 mi	-	2	Flat
£775	12/24	0.34 mi	-	2	Flat
£750	04/24	0.35 mi	Stocks Court, Poulton-le-Fylde	2	Flat
£695	12/24	0.36 mi	Hardhorn Court, Poulton-Le-Fylde, Lancashire, FY6	2	Flat
£750	12/24	0.37 mi	Station Road, Poulton-Le-Fylde, Lancashire, FY6	2	Flat
£775	12/24	0.38 mi	PLEASE TELEPHONE FOR VIEWINGS = Hardhorn Road, Poulton-Le-Fylde	2	Semi-Detached House
£750	12/24	0.39 mi	Victoria Road, Poulton-Le-Fylde, Lancashire, FY6	2	Flat
£650	02/24	0.39 mi	-	2	Flat
£725	04/24	0.4 mi	Market Place, Poulton-Le-Fylde, Lancashire, FY6	2	Flat
£800	01/25	0.43 mi	-	2	Flat
£750	02/25	0.43 mi	-	2	Flat
£750	04/24	0.43 mi	Station Road, Poulton-Le-Fylde, Lancashire, FY6	2	Flat
£875	11/23	0.44 mi	-	2	Terraced House
£1,350	03/25	0.48 mi	-	2	Flat
£775	04/24	0.55 mi	Church Mansions, Chester Avenue, Poulton Le Fylde, FY6 7WJ	2	Flat
£725	04/24	0.55 mi	Church Mansions, Chester Avenue, Poulton Le Fylde	2	Flat

Local Area Statistics

Population in FY6	27,75127,751
Town centre distance	0.09 miles away0.09 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.42 miles away0.42 miles away

Rental demand	Tenant's marketTenant's market
Rental growth (12m)	-9%-9%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+12%+12%

Property History

Listed for £129,995

January 16, 2025

Floor Plans

Description

VIRTUAL VIEWING AVAILABLE. CLICK ON THE VIDEO TOUR ABOVE +
Two Bedroom Apartment In Poulton Le Fylde +
Two Double Bedrooms, En Suite To Master, Spacious Lounge +
Fitted Kitchen, Great Location +
Close To Local Shops & Transport Links +

Fantastic opportunity to purchase this two bedroom duplex style flat which is ready to move into and is situated in popular residential location in Poulton Le Fylde.

On internal inspection the property briefly comprises; entrance hallway, inner hallway, lounge, kitchen, bathroom, WC and two bedrooms with en suite to bedroom one.

Viewings are highly recommended to appreciate this superb property on offer.
Leasehold information: Ground Rent Payable: Yes
Annual Ground Rent: £5.00
Service Charge: £0
Length of the Lease: 999 years
Start Date of the Lease: 01/02/2005
Council Tax Information: Band A

Agent Note
In order to be able to purchase a property in the UK all agents have a legal requirement to conduct identity checks on all customers involved in the transaction to fulfil their obligations under anti money laundering regulations. Farrell Heyworth outsource this check to a third party and a charge will apply. Please ask the branch for further details.

Agent Details

Farrell Heyworth, Fylde Coast

01253 835297

Next Steps?

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

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