2 Bed Flat, Single Let, Poulton-le-Fylde, FY6 8HZ, £117,500
11 MAIN DRIVE, POULTON-LE-FYLDE, FY6 8HZ - 2 views - 2 months ago
Leasehold
BTL
ROI: 6%
66 m²





+5 photos
ValuationUndervalued
Sold Prices | £85K - £280K |
Sold Prices/m² | £1.3K/m² - £2.5K/m² |
| |
Square Metres | 66 m² |
Price/m² | £1.8K/m² |
Value Estimate | £127,413 |
BMV | 8% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £29,375 |
Stamp Duty & Legal Fees | £4,725 |
Total Cash In | £34,100 |
| |
Cash Out | |
Rent Range | £650 - £1,350 |
Rent Estimate | £688 |
Running Costs/mo | £525 |
Cashflow/mo | £163 |
Cashflow/yr | £1,959 |
ROI | 6% |
Gross Yield | 7% |
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.
Local Rents
32 rents from £650/mo to £1.4K/mo, average is £763/mo.
Local Area Statistics
Population in FY6 | 27,751 |
Town centre distance | 0.12 miles away |
Nearest school | 0.10 miles away |
Nearest train station | 0.44 miles away |
| |
Rental demand | Tenant's market |
Rental growth (12m) | -9% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +12% |
Property History
Listed for £117,500
January 28, 2025
Floor Plans

Description
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