3 Bed Bungalow, Refurb/BRRR, Thornton-Cleveleys, FY5 1HP, £375,000

Osborne Grove, Thornton-Cleveleys, FY5 1HP - a month ago

Sold STC
Refurb/BRRR
~93 m²
+27 photos

ValuationOvervalued

Sold Prices£86.5K - £405K
Sold Prices/m²£1.1K/m² - £3.9K/m²

 

 

Square Metres

~93 m²
Price/m²£4K/m²

Value Estimate

£172,061

 

 

End Value (After Refurb)

£230,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£26,200

Refurb Costs

£37,686

Bridging Loan Interest

£9,844

Total Cash In

£169,229

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£230,000

Mortgage (After Refinance)

£172,500

Mortgage LTV

75%

Cash Left In

£169,229

Equity

£57,500

Rent Range

£700 - £1,200

Rent Estimate

£896

Running Costs/mo

£918

Cashflow/mo

£-22

Cashflow/yr

£-263

Gross Yield

3%

Local Sold Prices

50 sold prices from £86.5K to £405K, average is £164.5K. £1.1K/m² to £3.9K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£175K03/210.07 mi24, Westbourne Road, Thornton-cleveleys, Lancashire FY5 1HN3
£140K01/210.09 mi1, Westbourne Road, Thornton-cleveleys, Lancashire FY5 1HL3
£134K01/210.13 mi29, Kings Walk, Thornton-cleveleys, Lancashire FY5 1HT3
£130K04/230.19 mi95, Green Drive, Thornton-cleveleys, Lancashire FY5 1JD3
£140K05/230.27 mi2, Egremont Avenue, Thornton-cleveleys, Lancashire FY5 2NF3
£86.5K04/210.31 mi10, Tebay Avenue, Thornton-cleveleys, Lancashire FY5 2NB3
£125K12/200.32 mi17, Green Drive, Thornton-cleveleys, Lancashire FY5 1LH3
£135K12/220.32 mi52, Green Drive, Thornton-cleveleys, Lancashire FY5 1LQ3
£160K04/230.34 mi14, Kendal Avenue, Thornton-cleveleys, Lancashire FY5 2LY3
£187.5K03/230.34 mi6, Kendal Avenue, Thornton-cleveleys, Lancashire FY5 2LY3
£163K07/230.35 mi43, Penrith Avenue, Thornton-cleveleys, Lancashire FY5 2NA3
£184K12/200.37 mi84, Rossall Road, Thornton-cleveleys, Lancashire FY5 1HQ3
£186K08/210.37 mi82, Rossall Road, Thornton-cleveleys, Lancashire FY5 1HQ3
£405K02/230.38 mi23, Queens Walk, Thornton-cleveleys, Lancashire FY5 1JU3
£170K06/210.38 mi35, Barnes Drive, Thornton-cleveleys, Lancashire FY5 2WQ3
£169K08/230.39 mi9, South Avenue, Thornton-cleveleys, Lancashire FY5 1JY3
£164K05/210.44 mi11, Crossway, Thornton-cleveleys, Lancashire FY5 1LA3
£200K05/230.44 mi33, Westmorland Avenue, Thornton-cleveleys, Lancashire FY5 2LX3
£120K11/210.45 mi79, Thornton Gate, Thornton-cleveleys, Lancashire FY5 1LE3
£319.9K09/210.45 mi37, Thornton Gate, Thornton-cleveleys, Lancashire FY5 1LE3
£110.1K12/200.46 mi26, Seaton Avenue, Thornton-cleveleys, Lancashire FY5 2NS3
£188K02/210.47 mi31, Southworth Way, Thornton-cleveleys, Lancashire FY5 2WW3
£177K09/210.49 mi26, Seaton Avenue, Thornton-cleveleys, Lancashire FY5 2NS3
£258K07/230.49 mi44, Hexham Avenue, Thornton-cleveleys, Lancashire FY5 2NP3
£133K02/210.52 mi122, Cleveleys Avenue, Thornton-cleveleys, Lancashire FY5 2DZ3
£204.9K01/230.55 mi39, Cumberland Avenue, Thornton-cleveleys, Lancashire FY5 2DA3
£190K06/230.58 mi4, Allonby Avenue, Thornton-cleveleys, Lancashire FY5 2NR3
£240K05/230.58 mi11, Allonby Avenue, Thornton-cleveleys, Lancashire FY5 2NR3
£170K07/230.6 mi83, Cumberland Avenue, Thornton-cleveleys, Lancashire FY5 2DS3
£126K07/230.61 mi1, Gloucester Avenue, Thornton-cleveleys, Lancashire FY5 2DQ3
£164.9K11/200.62 mi12, South Strand, Fleetwood, Lancashire FY7 8BB3
£133.5K10/200.63 mi10, Bedford Avenue, Thornton-cleveleys, Lancashire FY5 2EA3
£124K12/200.63 mi5, Bedford Avenue, Thornton-cleveleys, Lancashire FY5 2EA3
£348.4K02/230.66 mi14, West Way, Fleetwood, Lancashire FY7 8JJ3
£165K11/210.67 mi28, Sunderland Avenue, Thornton-cleveleys, Lancashire FY5 2QG3
£157K08/210.67 mi26, Sunderland Avenue, Thornton-cleveleys, Lancashire FY5 2QG3
£177.5K02/230.67 mi19, Leicester Avenue, Thornton-cleveleys, Lancashire FY5 2DH3
£115K06/210.68 mi23, Manor Drive, Thornton-cleveleys, Lancashire FY5 1ET3
£220K03/230.68 mi3, Ocean Way, Thornton-cleveleys, Lancashire FY5 1FE3
£215K11/220.69 mi15, Rossall Close, Fleetwood, Lancashire FY7 8JL3
£110K02/230.7 mi38, Lincoln Avenue, Thornton-cleveleys, Lancashire FY5 2DT3
£205K06/230.71 mi7, Bristol Avenue, Fleetwood, Lancashire FY7 8JQ3
£214.5K03/210.71 mi12, Bristol Avenue, Fleetwood, Lancashire FY7 8JQ3
£182K03/210.71 mi23, Beachcomber Drive, Thornton-cleveleys, Lancashire FY5 1FD3
£150K07/230.71 mi2, Kent Avenue, Thornton-cleveleys, Lancashire FY5 2PS3
£120K11/220.71 mi6, Rochester Avenue, Thornton-cleveleys, Lancashire FY5 2QQ3
£132K02/230.71 mi17, Rochester Avenue, Thornton-cleveleys, Lancashire FY5 2QQ3
£108K05/210.72 mi16, Rochester Avenue, Thornton-cleveleys, Lancashire FY5 2QQ3
£128K10/200.72 mi8, Rochester Avenue, Thornton-cleveleys, Lancashire FY5 2QQ3
£90K11/200.72 mi36, Durham Avenue, Thornton-cleveleys, Lancashire FY5 2DP3

Local Rents

24 rents from £700/mo to £1.2K/mo, average is £885/mo.

RentDateDistanceAddressBeds 
£1,10008/230.23 mi-3
£80004/240.28 miMilnthorpe Avenue, Thornton-Cleveleys, FY5 2LZ3
£90002/250.31 mi-3
£99504/240.37 miRossall Road, Thornton Cleveleys3
£90005/240.43 mi-3
£82504/240.57 miCumberland Avenue, Thornton-Cleveleys3
£82504/240.57 miCumberland Avenue, Thornton-Cleveleys3
£85004/240.69 mi-3
£97504/240.8 miStockdove Way, Thornton-Cleveleys3
£75804/240.88 miSlinger Road, Thornton-Cleveleys, Lancashire, FY53
£1,00003/250.89 mi-3
£87504/240.95 miMayfield Avenue, THORNTON CLEVELEYS3
£87504/240.95 miMayfield Avenue, THORNTON CLEVELEYS3
£82504/240.96 miMayfield Avenue, Thornton-Cleveleys, Lancashire, FY53
£80004/240.99 miElms Avenue, Thornton-Cleveleys3
£75004/240.99 miSpringfield Terrace, Fleetwood, Lancashire, FY73
£89504/241.01 miLaurel Avenue, Fleetwood3
£70004/241.12 miVictoria Road West3
£1,10010/241.15 mi-3
£90004/241.15 miPenrhos Avenue, Fleetwood, Lancashire, FY73
£90104/241.18 miAlconbury Crescent, Thornton-Cleveleys, Lancashire, FY53
£85005/241.19 miKildare, Thornton Cleveleys3
£90005/241.19 mi-3
£1,20005/241.2 miQueensbury Road, Thornton-Cleveleys3

Local Area Statistics

Population in FY5

44,800

Town centre distance

1.51 miles away

Nearest school

0.30 miles away

Nearest train station

3.64 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+2%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Listed for £375,000

March 6, 2025

Floor Plans

Description

  • NEW ROOF (2021) +
  • Wraparound Gardens Front Side +
  • MODERN Kitchen / Breakfast Room +
  • Off Road Parking Available +
  • Large Conservatory, +
  • THREE Bedrooms, THREE Bath/Shower rooms +
  • Open Plan Living / Dining Room +
  • Great Size Utility Room +
  • Mature Hedged Boundaries +
  • Open Aspect Views And Close To Promenade +

One of a kind, immaculate three bedroom family home, occupying a corner plot with wraparound gardens with hedged boundaries and stunning open aspect views! Situated in a great location a short distance from the promenade and seafront, Cleveleys town centre amenities, choice of primary, secondary and private schools with excellent road and public transport links nearby! 

This fantastic, beautifully presented and well maintained true bungalow boasts an extremely spacious internal footprint briefly comprising entrance hallway with doors leading off to three bedrooms, two with en-suite facilities and the family bathroom. Open plan living and dining room with French doors to a striking conservatory, there is a great size modern fitted kitchen with kitchen matched utility room and integral garage with driveway and well established gardens to the front and side elevations! 

This family home has seen much updating, reconfiguration and renovation over the years making this an exceptional turn key property!

EARLY INTERNAL VIEWING IS CONSIDERED ESSENTIAL TO AVOID DISAPPOINTMENT!

To Secure Your Viewing Contact Thornton On TODAY! 

EPC: C

Council Tax: D

Internal Living Space: 151sqm

Tenure: Freehold, to be confirmed by your legal representative.

Agent Details

Unique Estate Agency Ltd, Thornton Cleveleys

01253 835787

Next Steps?

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