3 Bed Terraced House, Single Let, Thornton-Cleveleys, FY5 2SW, £115,000

Waring Drive, Thornton, FY5 2SW - 3 views - 2 months ago

Under Offer
BTL
ROI: 8%
~93 m²
+7 photos

ValuationUndervalued

Sold Prices£85K - £380K
Sold Prices/m²£841/m² - £3.8K/m²

 

 

Square Metres

~93 m²
Price/m²£1.2K/m²

Value Estimate

£145,140
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£28,750

Stamp Duty & Legal Fees

£4,799

Total Cash In

£33,549

 

 

Cash Out

 

Rent Range

£725 - £1,100

Rent Estimate

£775

Running Costs/mo

£534

Cashflow/mo

£241

Cashflow/yr

£2,888

ROI

9%

Gross Yield

8%

Local Sold Prices

50 sold prices from £85K to £380K, average is £152.5K. £841/m² to £3.8K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£170K08/210.02 mi76, Waring Drive, Thornton-cleveleys, Lancashire FY5 2SP3
£133.8K06/210.16 mi54, Holmes Road, Thornton-cleveleys, Lancashire FY5 2SG3
£146K03/230.19 mi1, Benenden Place, Thornton-cleveleys, Lancashire FY5 2UF3
£145K07/210.19 mi5, Benenden Place, Thornton-cleveleys, Lancashire FY5 2UF3
£189.9K12/200.19 mi7, Gordon Avenue, Thornton-cleveleys, Lancashire FY5 4BU3
£199.9K09/210.21 mi2, Fairholmes Way, Thornton-cleveleys, Lancashire FY5 2SJ3
£230K06/230.21 mi9, Fairholmes Way, Thornton-cleveleys, Lancashire FY5 2SJ3
£175K12/200.22 mi18, Wells Close, Thornton-cleveleys, Lancashire FY5 2UX3
£200K03/210.22 mi31, Wordsworth Avenue, Thornton-cleveleys, Lancashire FY5 2SU3
£250K07/210.22 mi21, Wordsworth Avenue, Thornton-cleveleys, Lancashire FY5 2SU3
£110K04/210.23 mi22, Church Road, Thornton-cleveleys, Lancashire FY5 2TX3
£181K05/230.23 mi41, Fairclough Road, Thornton-cleveleys, Lancashire FY5 2RN3
£165K11/210.23 mi26, Fairclough Road, Thornton-cleveleys, Lancashire FY5 2RN3
£142.5K12/200.23 mi30, Fairclough Road, Thornton-cleveleys, Lancashire FY5 2RN3
£149.9K01/230.24 mi34, Sandyforth Avenue, Thornton-cleveleys, Lancashire FY5 4BS3
£115K12/200.24 mi4, Fairholmes Close, Thornton-cleveleys, Lancashire FY5 2SL3
£137.5K05/210.24 mi10, Fairholmes Close, Thornton-cleveleys, Lancashire FY5 2SL3
£128.5K04/230.25 mi65, Sandyforth Avenue, Thornton-cleveleys, Lancashire FY5 4BP3
£127K07/230.25 mi45, Sandyforth Avenue, Thornton-cleveleys, Lancashire FY5 4BP3
£85K04/210.25 mi75, Sandyforth Avenue, Thornton-cleveleys, Lancashire FY5 4BP3
£133K06/230.25 mi63, Sandyforth Avenue, Thornton-cleveleys, Lancashire FY5 4BP3
£144K07/210.25 mi3, Royles Brook Close, Thornton-cleveleys, Lancashire FY5 4PS3
£182K12/210.27 mi1, Mildred Close, Thornton-cleveleys, Lancashire FY5 2RP3
£185K03/230.27 mi117, Trunnah Road, Thornton-cleveleys, Lancashire FY5 4HF3
£129K12/200.28 mi253, Fleetwood Road North, Thornton-cleveleys, Lancashire FY5 4LB3
£229K06/230.28 mi22, Masefield Avenue, Thornton-cleveleys, Lancashire FY5 2ES3
£156K07/210.28 mi11, Reta Drive, Thornton-cleveleys, Lancashire FY5 2RU3
£116K06/210.29 mi70, Trunnah Road, Thornton-cleveleys, Lancashire FY5 4HE3
£127K12/220.29 mi18, Trunnah Road, Thornton-cleveleys, Lancashire FY5 4HE3
£130K04/230.3 mi23, Crabtree Road, Thornton-cleveleys, Lancashire FY5 4HW3
£295K05/230.3 mi48, Linden Avenue, Thornton-cleveleys, Lancashire FY5 2EY3
£116K03/210.3 mi2, Bonney Street, Thornton-cleveleys, Lancashire FY5 4HQ3
£168K12/200.32 mi7, Thornleigh Close, Thornton-cleveleys, Lancashire FY5 2WB3
£380K11/220.32 mi69, Meadows Avenue, Thornton-cleveleys, Lancashire FY5 2TW3
£165K02/230.33 mi12, Glenmore Avenue, Thornton-cleveleys, Lancashire FY5 4NY3
£130K05/230.33 mi36, Taywood Road, Thornton-cleveleys, Lancashire FY5 2RT3
£155K07/230.33 mi50, Taywood Road, Thornton-cleveleys, Lancashire FY5 2RT3
£149K08/210.34 mi27, Chestnut Gardens, Thornton-cleveleys, Lancashire FY5 4HS3
£162K03/230.34 mi35, Chestnut Gardens, Thornton-cleveleys, Lancashire FY5 4HS3
£215K04/230.35 mi27, Branksome Avenue, Thornton-cleveleys, Lancashire FY5 2EW3
£116K11/200.35 mi10, Rossendale Avenue North, Thornton-cleveleys, Lancashire FY5 4NT3
£145.5K08/210.35 mi87, Devonshire Avenue, Thornton-cleveleys, Lancashire FY5 4AP3
£136.5K01/230.35 mi30, Leslie Avenue, Thornton-cleveleys, Lancashire FY5 4PE3
£118K12/200.36 mi281, Fleetwood Road North, Thornton-cleveleys, Lancashire FY5 4LE3
£160K04/210.37 mi37, Meadows Avenue, Thornton-cleveleys, Lancashire FY5 2TN3
£112.8K01/210.37 mi30, Leslie Avenue, Thornton-cleveleys, Lancashire FY5 4PE3
£225K11/220.37 mi338, West Drive, Thornton-cleveleys, Lancashire FY5 2RX3
£230K01/210.43 mi32, Seniors Drive, Thornton-cleveleys, Lancashire FY5 2RD3
£242K12/220.44 mi1, Rosemary Avenue, Thornton-cleveleys, Lancashire FY5 2RE3
£205K11/200.44 mi3, Rosemary Avenue, Thornton-cleveleys, Lancashire FY5 2RE3

Local Rents

21 rents from £725/mo to £1.1K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£85003/250.17 mi-3
£72504/240.27 miTrunnah Road, Thornton-cleveleys, FY5 4HF3
£82504/240.28 miReta Drive, Thornton-Cleveleys3
£85004/240.31 mi-3
£79504/240.32 miHargreaves Street, Thornton-Cleveleys, Lancashire, FY53
£75003/240.41 mi-3
£85005/240.44 miKildare, Thornton Cleveleys3
£77505/240.46 mi-3
£77504/240.46 miBancroft Avenue, Thornton-Cleveleys, FY53
£87503/250.47 mi-3
£87502/240.47 mi-3
£89512/240.47 mi-3
£1,00003/240.48 mi-3
£1,00002/250.48 mi-3
£1,00004/240.48 miLawsons Road, Thornton-Cleveleys, FY53
£87504/250.48 mi-3
£79504/240.53 mi82 Sandwell Avenue3
£87504/240.53 miMayfield Avenue, THORNTON CLEVELEYS3
£87504/240.53 miMayfield Avenue, THORNTON CLEVELEYS3
£82504/240.54 miMayfield Avenue, Thornton-Cleveleys, Lancashire, FY53
£1,10010/240.61 mi-3

Local Area Statistics

Population in FY5

44,800

Town centre distance

0.14 miles away

Nearest school

0.20 miles away

Nearest train station

2.30 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+2%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Price changed to £115,000

March 4, 2025

Listed for £119,950

February 11, 2025

Floor Plans

Description

IN NEED OF REFURBISHMENT Spacious three bed mid terrace family home situated on Waring Drive in Thornton. The property is ideally located for shops, schools and transport links and offers three generous bedrooms, a large West facing rear garden and a spacious lounge/ diner. Accommodation briefly comprising; entrance hall, lounge/ diner, kitchen, landing, three bedrooms, bathroom, gardens to the front and rear. No Chain

ENTRANCE HALL
Upvc double glazed front door and side window, radiator, stair case to first floor, under stairs storage cupboard.

LOUNGE/ DINER
17'0 x 12'0 (8.22m x 3.66m)
Upvc double glazed window to the front aspect and French doors to the rear, radiator, wall heater and fireplace.

KITCHEN
10'5 x 9'5 (3.18m x 2.87m)
Upvc double glazed window and door to the rear aspect, range of wall and base units with work surfaces, stainless steel sink unit with drainer, space for free standing fridge freezer and cooker, radiator, plumbed for washing machine.

LANDING
Loft access hatch.

BEDROOM ONE
12'8 x 10'10 (3.85m x 3.31m)
Upvc double glazed window to the front aspect, radiator, storage cupboard.

BEDROOM TWO
12'2 x 11'11 (3.72m x 3.62m)
Upvc double glazed window to the rear aspect, radiator, range of fitted wardrobes.

BEDROOM THREE
9'3 x 8'5 (2.82m x 2.56m)
Upvc double glazed window to the front aspect, radiator.

BATHROOM

EXTERNAL

FRONT
Low maintenance front garden, access to rear garden via guinnel.

WEST FACING REAR GARDEN
Large garden which is part laid to lawn with patio area and brick outbuilding.

COUNCIL TAX BAND A

TENURE
We have been informed that the property is Freehold; prospective purchasers should seek clarification of this from their solicitors.

VIEWINGS
Viewings are strictly by appointment through the agents office.

All measurements are approximate and for illustrative purposes only. Digital images are reproduced for general information only and must not be inferred that any item shown is included for sale with the property. We have been unable to confirm if services / items in the property are in full working order. The property is offered for sale on this basis. Prospective purchasers are advised to seek expert advice where appropriate.

Agent Details

The Square Room, Fylde Coast

01253 835668

Next Steps?

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