2 Bed Flat, Single Let, Thornton-Cleveleys, FY5 4BD, £80,000

Brays Heys, Thornton, FY5 4BD - 2 views - 2 months ago

Leasehold
BTL
ROI: 13%
~68 m²
+4 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

£100,000
BMV25%

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

£650 - £975

Rent Estimate

£650

Running Costs/mo

£400

Cashflow/mo

£250

Cashflow/yr

£3,000

ROI

13%

Gross Yield

10%

Local Sold Prices

49 sold prices from £47K to £206.4K, average is £108K. £922/m² to £2.6K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£60K02/210.2 mi18, Heather Close, Thornton-cleveleys, Lancashire FY5 3NF2
£70K01/210.2 mi20, Heather Close, Thornton-cleveleys, Lancashire FY5 3NF2
£87.5K04/230.2 mi18, Heather Close, Thornton-cleveleys, Lancashire FY5 3NF2
£105K06/230.38 mi11, Fairhaven Close, Thornton-cleveleys, Lancashire FY5 5AF2
£80K10/200.38 mi17, Fairhaven Close, Thornton-cleveleys, Lancashire FY5 5AF2
£104K07/210.38 mi8, Fairhaven Close, Thornton-cleveleys, Lancashire FY5 5AF2
£83.5K05/230.46 mi109, Ascot Road, Thornton-cleveleys, Lancashire FY5 5HL2
£73K12/200.48 mi96, Aintree Road, Thornton-cleveleys, Lancashire FY5 5HP2
£150K07/210.83 mi10, Tennyson Avenue, Thornton-cleveleys, Lancashire FY5 2ET2
£85K10/210.95 mi12, Sanderling Close, Thornton-cleveleys, Lancashire FY5 3FN2
£94K12/200.96 mi17, Pochard Place, Thornton-cleveleys, Lancashire FY5 3FH2
£97K01/231.08 mi84a, Eastpines Drive, Thornton-cleveleys, Blackpool FY5 3RZ2
£80K02/231.12 mi8, Melbourne Avenue, Thornton-cleveleys, Blackpool FY5 3DX2
£108K12/221.18 mi26, Gorse Avenue, Thornton-cleveleys, Lancashire FY5 2PJ2
£95K12/221.3 miFlat 20, Warren Manor, Warren Drive, Thornton-cleveleys, Blackpool FY5 3TG2
£85K06/211.3 miFlat 20, Warren Manor, Warren Drive, Thornton-cleveleys, Blackpool FY5 3TG2
£150K11/201.36 mi18, Beechwood Drive, Thornton-cleveleys, Lancashire FY5 5EH2
£57.5K10/211.4 mi22, Kincraig Place, Blackpool FY2 0NA2
£98K09/221.4 mi35, Tennyson Drive, Bispham, Blackpool FY2 0GH2
£120K07/231.6 mi123, Sovereign Court, Thornton-cleveleys, Blackpool FY5 3PH2
£92K01/211.6 mi102, Sovereign Court, Thornton-cleveleys, Blackpool FY5 3PH2
£109K11/211.66 miFlat 7, Oakleaf Court, Cleveleys Avenue, Thornton-cleveleys, Lancashire FY5 2NX2
£117.5K08/211.66 mi1, Farriers Way, Poulton-le-fylde, Lancashire FY6 7AN2
£117.5K08/211.67 mi1, Farriers Way, Poulton-le-fylde, Lancashire FY6 7AN2
£75K06/211.71 mi44b, Beach Road, Thornton-cleveleys, Lancashire FY5 1EQ2
£71K12/201.72 mi2, Kilmory Place, Blackpool FY2 0XS2
£175K12/201.81 mi1, Birchwood Drive, Hambleton, Poulton-le-fylde, Lancashire FY6 9AQ2
£195K10/211.81 mi33, Sandicroft Avenue, Hambleton, Poulton-le-fylde, Lancashire FY6 9BP2
£47K07/211.83 mi97f, Beach Road, Thornton-cleveleys, Lancashire FY5 1EW2
£206.4K09/221.85 mi304, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£101K04/231.86 mi20, Sandy Close, Thornton-cleveleys, Lancashire FY5 1FF2
£97K04/231.86 mi4, Sandy Close, Thornton-cleveleys, Lancashire FY5 1FF2
£195K10/211.86 mi309, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£199.9K06/231.86 mi313, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£179.9K12/221.86 mi207, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£120K03/211.86 mi204, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£135K11/201.86 mi202, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£149K02/211.86 mi109, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£150K02/211.86 mi1, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£130K05/211.86 mi2, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£151K10/201.86 mi103, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£175K12/221.86 miFlat 3, Grosvenor Court, Ellerbeck Road, Thornton-cleveleys, Lancashire FY5 1TD2
£89.5K08/211.87 miFlat 27, Wimbledon Court, Wimbledon Avenue, Thornton-cleveleys, Blackpool FY5 1BE2
£175K12/201.95 mi2, East Court, Thornton-cleveleys, Lancashire FY5 1JS2
£92K06/231.95 miFlat 8, Alexander Court, Chapel Street, Poulton-le-fylde, Lancashire FY6 7BQ2
£130K10/201.98 miFlat 13, Wilvere Court, Queens Promenade, Thornton-cleveleys, Blackpool FY5 1PG2
£130K10/201.98 miFlat 17, Wilvere Court, Queens Promenade, Thornton-cleveleys, Blackpool FY5 1PG2
£117.3K11/201.98 miFlat 2, Wilvere Court, Queens Promenade, Thornton-cleveleys, Blackpool FY5 1PG2
£126K04/211.98 miFlat 32, Wilvere Court, Queens Promenade, Thornton-cleveleys, Blackpool FY5 1PG2

Local Rents

27 rents from £650/mo to £975/mo, average is £725/mo.

RentDateDistanceAddressBeds 
£70004/240.12 miLancaster Avenue, FY52
£70004/240.14 miLawsons Road, Thornton-Cleveleys, Lancashire, FY52
£69304/240.16 miSandwell Avenue, Thornton-Cleveleys, Lancashire, FY52
£85003/250.24 mi-2
£79504/240.24 mi-2
£70004/240.28 miVictoria Road East, Thornton, FY52
£67504/240.28 miVictoria Road East, Thornton-Cleveleys, Lancashire, FY52
£87504/240.28 miDevonshire Avenue, Thornton-Cleveleys, FY52
£67504/240.31 miGrange Avenue, Thornton-Cleveleys2
£75003/240.31 mi-2
£69504/240.37 miFairhaven Close, Thornton-Cleveleys2
£70001/250.37 mi-2
£72504/240.37 mi-2
£77504/240.39 miLongton Avenue, Thornton-Cleveleys, FY52
£96002/240.39 mi-2
£97510/240.39 mi-2
£65012/240.4 mi-2
£65004/240.41 miTrunnah Road, Thornton-Cleveleys, Lancashire, FY52
£75004/250.42 mi-2
£72503/250.42 mi-2
£75004/240.43 mi-2
£85005/240.46 miFleetwood Road North, Thornton-Cleveleys, Lancashire, FY52
£65004/240.48 mi-2
£65004/240.48 mi-2
£65004/240.48 miFleetwood Road North, Thornton-Cleveleys, FY52
£95003/250.59 mi-2
£77503/240.6 mi-2

Local Area Statistics

Population in FY5

44,800

Town centre distance

0.55 miles away

Nearest school

0.30 miles away

Nearest train station

1.85 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

February 13, 2025

Floor Plans

Description

GREAT PROPERTY FOR THOSE SOMEONE WANTING TO DOWNSIZE Bright & spacious first floor apartment situated in Brays Heys, Thornton. The property is ideally situated for local shops, amenities and transport links and offers a spacious lounge, dining kitchen and communal parking. Accommodation briefly comprises; entrance hall, lounge, dining kitchen, two bedrooms, and bathroom. Externally there is a communal garden and car park.

GROUND FLOOR
Communal entrance hall

FIRST FLOOR

HALLWAY
Glazed front door, storage cupboard, central heating radiator.

LOUNGE
10'9 x 13'8 (3.27m x 4.16m)
Two UPVC windows, central heating radiator.

DINING KITCHEN
12'5 x 12'4 (3.79m x 3.75m)
Upvc double glazed window, range of wall and base units with complimentary work surfaces, stainless steel sink unit with drainer, plumbed for washing machine and dish washer, space for free standing fridge freezer, space for gas cooker, tiled splash back, central heating radiator.

BEDROOM ONE
13'8 x 8'7 (4.16m x 2.62m)
UPVC double glazed window, central heating radiator.

BEDROOM TWO
13'8 x 5'9 (4.16m x 1.74m)
UPVC double glazed window, central heating radiator.

BATHROOM
5'6 x 8'9 (1.68m x 2.67m)
Upvc double glazed window, three piece suite comprising of panelled bath with overhead shower attachment, low flush WC and vanity sink unit, tiled walls, airing cupboard housing Worcester Bosch combi boiler.

EXTERIOR

Externally there are front & rear communal gardens, and a private car park.

TENURE
We have been informed that the property is Leasehold. Prospective purchasers should seek clarification of this from their solicitors. We have been informed the service charge is approximately £80 per month and the lease has 88 years remaining.

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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