2 Bed Flat, Single Let, Thornton-Cleveleys, FY5 1FF, £115,000

Sandy Close, Thornton Cleveleys, Lancashire, FY5 1FF - a month ago

Leasehold

BTL

ROI: 3%

~68 m²

+8 photos

ValuationUndervalued

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

Square Metres	~68.11 m²
Price/m²	£1.7K/m²
Value Estimate	£128,325£128,325
BMV	12%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£28,750£28,750
Stamp Duty & Legal Fees	£6,950£6,950
Total Cash In	£35,700£35,700

Cash Out
Rent Range	£595 - £1,295£595 - £1,295
Rent Estimate	£599
Running Costs/mo	£499£499
Cashflow/mo	£100£100
Cashflow/yr	£1,198£1,198
ROI	3%3%
Gross Yield	6%6%

Local Sold Prices

22 sold prices from £47K to £206.4K, average is £132.5K. £922/m² to £2.6K/m², average is £1.9K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£101K	04/23	0 mi	20, Sandy Close, Thornton-cleveleys, Lancashire FY5 1FF	£1,683	60	2	Flat
£97K	04/23	0 mi	4, Sandy Close, Thornton-cleveleys, Lancashire FY5 1FF	£1,848	53	2	Flat
£47K	07/21	0.07 mi	97f, Beach Road, Thornton-cleveleys, Lancashire FY5 1EW	£922	51	2	Flat
£75K	06/21	0.16 mi	44b, Beach Road, Thornton-cleveleys, Lancashire FY5 1EQ	-	-	2	Flat
£175K	12/22	0.3 mi	Flat 3, Grosvenor Court, Ellerbeck Road, Thornton-cleveleys, Lancashire FY5 1TD	-	-	2	Flat
£195K	10/21	0.35 mi	309, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE	£2,097	93	2	Flat
£199.9K	06/23	0.35 mi	313, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE	£2,438	82	2	Flat
£179.9K	12/22	0.35 mi	207, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE	£2,646	68	2	Flat
£120K	03/21	0.35 mi	204, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE	£1,481	81	2	Flat
£135K	11/20	0.35 mi	202, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE	£1,929	70	2	Flat
£149K	02/21	0.35 mi	109, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE	£2,191	68	2	Flat
£150K	02/21	0.35 mi	1, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE	£1,875	80	2	Flat
£130K	05/21	0.35 mi	2, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE	£1,884	69	2	Flat
£151K	10/20	0.35 mi	103, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE	£1,525	99	2	Flat
£206.4K	09/22	0.35 mi	304, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE	£2,196	94	2	Flat
£175K	12/20	0.46 mi	2, East Court, Thornton-cleveleys, Lancashire FY5 1JS	£2,500	70	2	Flat
£150K	11/20	0.51 mi	18, Beechwood Drive, Thornton-cleveleys, Lancashire FY5 5EH	£2,083	72	2	Flat
£109K	11/21	0.55 mi	Flat 7, Oakleaf Court, Cleveleys Avenue, Thornton-cleveleys, Lancashire FY5 2NX	-	-	2	Flat
£120K	07/23	0.63 mi	123, Sovereign Court, Thornton-cleveleys, Blackpool FY5 3PH	£1,471	82	2	Flat
£92K	01/21	0.63 mi	102, Sovereign Court, Thornton-cleveleys, Blackpool FY5 3PH	£1,394	66	2	Flat
£108K	12/22	0.74 mi	26, Gorse Avenue, Thornton-cleveleys, Lancashire FY5 2PJ	-	-	2	Flat
£72.5K	11/22	0.75 mi	30, Osborne Grove, Thornton-cleveleys, Lancashire FY5 1HP	-	-	2	Flat

Local Rents

21 rents from £595/mo to £1.3K/mo, average is £750/mo.

Rent	Date	Distance	Address	Beds	Type
£850	01/25	0.01 mi	-	2	Flat
£850	01/25	0.01 mi	-	2	Flat
£675	01/24	0.01 mi	-	2	Flat
£865	04/24	0.16 mi	-	2	Semi-Detached House
£860	03/25	0.16 mi	-	2	Semi-Detached House
£625	04/24	0.19 mi	-	2	Flat
£650	04/24	0.19 mi	-	2	Flat
£695	03/25	0.24 mi	-	2	Flat
£595	02/24	0.25 mi	-	2	Flat
£1,250	03/25	0.25 mi	-	2	Flat
£725	04/24	0.25 mi	Victoria Road West, Thornton-Cleveleys, Lancashire, FY5	2	Flat
£1,295	04/25	0.26 mi	-	2	Flat
£775	03/25	0.27 mi	-	2	Flat
£775	02/25	0.27 mi	-	2	Flat
£750	12/24	0.29 mi	-	2	Flat
£600	12/24	0.31 mi	-	2	Flat
£700	04/24	0.4 mi	5 Crescent West, Cleveleys. FY5 1AB	2	Flat
£750	04/24	0.4 mi	PLEASE PHONE FOR VIEWINGS - Victoria Road West, Thornton-Cleveleys	2	Flat
£713	12/24	0.41 mi	-	2	Flat
£675	05/24	0.5 mi	St. Davids Court, St. Davids Avenue, Cleveleys	2	Flat
£750	09/24	0.53 mi	-	2	Terraced House

Local Area Statistics

Population in FY5	44,80044,800
Town centre distance	1.30 miles away1.30 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	3.19 miles away3.19 miles away

Rental demand	Tenant's marketTenant's market
Rental growth (12m)	+2%+2%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+21%+21%

Property History

Listed for £115,000

March 17, 2025

Floor Plans

Description

Two Bedrooms. +
Spacious Modern Shower Room +
Modern Fitted Kitchen +
Great Size Lounge, +
READY TO WALK INTO +
NEAR TO SEA FRONT +
NO PETS +

A Modern & Beautifully Presented TWO Bedroom First Floor Apartment, Situated In A Most Sought After Apartment Block A Short Distance From Cleveleys Town Centre Amenities To Include High Street Shops, Award Winning Promenade, Perfect For Anyone Looking To Downsize OR First TimeÂ Buyer! EARLY VIEWING ESSENTIAL

This well maintained two bedroom apartment is ready to move into and benefits from no on going chain!

Spacious internal footprint bbrieflyÂ comprising communal entrance hallwayÂ with secure intercom access with letterbox area and communal hallway with stairs to the first and second floors. Private entrance to the hallway with doors leading off to two bedrooms, modern shower room and lounge. Kitchen leads off...

Generous parking for residentsÂ and visitors available.

EPC: Pending

Council Tax: B

Internal LivingÂ Space: 58sqm

Tenure: Leasehold, details to be confirmed

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 💪

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