2 Bed Flat, Single Let, Thornton-Cleveleys, FY5 3NL, £89,950

St. Davids Avenue, Thornton-Cleveleys, Lancashire, FY5 3NL - 6 views - 2 months ago

BTL
ROI: 8%
~68 m²
+7 photos

ValuationUndervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£1.3K/m²

Value Estimate

£108,840
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£22,488

Stamp Duty & Legal Fees

£3,899

Total Cash In

£26,386

 

 

Cash Out

 

Rent Range

£595 - £1,295

Rent Estimate

£599

Running Costs/mo

£421

Cashflow/mo

£178

Cashflow/yr

£2,137

ROI

8%

Gross Yield

8%

Local Sold Prices

32 sold prices from £47K to £206.4K, average is £123K. £922/m² to £2.6K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£120K07/230.23 mi123, Sovereign Court, Thornton-cleveleys, Blackpool FY5 3PH2
£92K01/210.23 mi102, Sovereign Court, Thornton-cleveleys, Blackpool FY5 3PH2
£150K11/200.23 mi18, Beechwood Drive, Thornton-cleveleys, Lancashire FY5 5EH2
£206.4K09/220.38 mi304, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£195K10/210.38 mi309, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£199.9K06/230.38 mi313, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£179.9K12/220.38 mi207, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£120K03/210.38 mi204, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£135K11/200.38 mi202, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£149K02/210.38 mi109, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£150K02/210.38 mi1, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£130K05/210.38 mi2, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£151K10/200.38 mi103, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£175K12/220.39 miFlat 3, Grosvenor Court, Ellerbeck Road, Thornton-cleveleys, Lancashire FY5 1TD2
£47K07/210.46 mi97f, Beach Road, Thornton-cleveleys, Lancashire FY5 1EW2
£75K06/210.46 mi44b, Beach Road, Thornton-cleveleys, Lancashire FY5 1EQ2
£101K04/230.51 mi20, Sandy Close, Thornton-cleveleys, Lancashire FY5 1FF2
£97K04/230.51 mi4, Sandy Close, Thornton-cleveleys, Lancashire FY5 1FF2
£94K12/200.59 mi17, Pochard Place, Thornton-cleveleys, Lancashire FY5 3FH2
£108K12/220.61 mi26, Gorse Avenue, Thornton-cleveleys, Lancashire FY5 2PJ2
£97K01/230.65 mi84a, Eastpines Drive, Thornton-cleveleys, Blackpool FY5 3RZ2
£85K10/210.7 mi12, Sanderling Close, Thornton-cleveleys, Lancashire FY5 3FN2
£95K12/220.75 miFlat 20, Warren Manor, Warren Drive, Thornton-cleveleys, Blackpool FY5 3TG2
£85K06/210.76 miFlat 20, Warren Manor, Warren Drive, Thornton-cleveleys, Blackpool FY5 3TG2
£109K11/210.8 miFlat 7, Oakleaf Court, Cleveleys Avenue, Thornton-cleveleys, Lancashire FY5 2NX2
£130K10/200.81 miFlat 13, Wilvere Court, Queens Promenade, Thornton-cleveleys, Blackpool FY5 1PG2
£130K10/200.81 miFlat 17, Wilvere Court, Queens Promenade, Thornton-cleveleys, Blackpool FY5 1PG2
£117.3K11/200.81 miFlat 2, Wilvere Court, Queens Promenade, Thornton-cleveleys, Blackpool FY5 1PG2
£126K04/210.81 miFlat 32, Wilvere Court, Queens Promenade, Thornton-cleveleys, Blackpool FY5 1PG2
£175K12/200.89 mi2, East Court, Thornton-cleveleys, Lancashire FY5 1JS2
£150K07/210.89 mi10, Tennyson Avenue, Thornton-cleveleys, Lancashire FY5 2ET2
£80K02/230.92 mi8, Melbourne Avenue, Thornton-cleveleys, Blackpool FY5 3DX2

Local Rents

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

RentDateDistanceAddressBeds 
£67505/240.04 miSt. Davids Court, St. Davids Avenue, Cleveleys2
£75004/240.11 miPLEASE PHONE FOR VIEWINGS - Victoria Road West, Thornton-Cleveleys2
£67501/250.14 mi-2
£70004/240.23 mi5 Crescent West, Cleveleys. FY5 1AB2
£71312/240.23 mi-2
£75012/240.25 mi-2
£60012/240.26 mi-2
£69503/250.27 mi-2
£77502/250.29 mi-2
£77503/250.29 mi-2
£72504/240.34 miVictoria Road West, Thornton-Cleveleys, Lancashire, FY52
£86504/240.37 mi-2
£86003/250.37 mi-2
£1,29504/250.4 mi-2
£1,25003/250.41 mi-2
£59502/240.46 mi-2
£65004/240.46 mi-2
£62504/240.46 mi-2
£67501/240.51 mi-2
£85001/250.51 mi-2
£85001/250.51 mi-2

Local Area Statistics

Population in FY5

44,800

Town centre distance

0.95 miles away

Nearest school

0.10 miles away

Nearest train station

2.68 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+2%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Listed for £89,950

February 12, 2025

Description

Conveniently situated within walking distance to Cleveleys main shopping centre this first floor flat offers accommodation benefiting from 'Combi' gas central heating complimented by UPVC double glazing and briefly comprising:- Private Entrance, Lounge, Modern Kitchen, Two Bedrooms and Modern Bathroom. The external feature include shared driveway parking and shared West facing rear Garden. Internal viewing is highly recommended by prior appointment with this office.
ACCOMMODATION
PRIVATE ENTRANCE:- Through UPVC double glazed exterior door, staircase to first floor, double panel radiator.
LANDING:- Built in storage cupboard, telephone point, UPVC double glazed window to side, panel radiator, telephone point, access to insulated roof space.
LOUNGE:- 13'0"x10'4" Max Dimensions into UPVC double glazed window overlooking front, modern fireplace housing pebble effect electric fire, wall lights, panel radiator, television aerial.
KITCHEN:- 13'0"x7'5" Max Dimensions. Modern fitted base and wall units with co-ordinating work surfaces, circular sink with monobloc mixer tap, electric oven and ceramic hob under illuminated extractor canopy, UPVC double glazed overlooking rear, panel radiator.
BEDROOM 1:- 13'5"x8'6" Max Dimensions into UPVC double glazed window overlooking front, picture rail, panel radiator.
BEDROOM 2:- 9'7"x8'10" Into UPVC double glazed window overlooking rear, Worcester 'Combi' gas central heating boiler (serviced annually), panel radiator.
BATHROOM:- 7'3"x7'2" Max Dimensions. Modern three piece suite in white comprising:- Mira shower and folding screen over panelled bath, pedestal wash basin and low flush W.C, UPVC double glazed window, ceramic tiled flooring, towel style radiator, part tiling to walls.
EXTERNAL
GARDEN REAR:- West facing garden, laid to lawn, double gated access, (patio area belongs to ground floor flat).
EXTERNAL UTIITY:- Power and light supplied, plumbed for automatic washing machine.
PARKING:- Shared Driveway.
TENURE:- We are advised by the vendor that the property is Freehold.
ADDITIONAL INFORMATION:- Since November 2021 the property now benefits from a New Roof, New Worcester 'Combi' gas central heating boiler and New wrought iron double gates.
SERVICES:- All mains services are connected.
APPLIANCES/EQUIPMENT:- Services, installations, heating systems and appliances have not been tested.
VALUATION:- If you are considering selling your present property INDEPENDENT will be pleased to provide you with a FREE VALUATION.
02/GH

Agent Details

Independent Estate Agency, Thornton Cleveleys

01253 835683

Next Steps?

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