2 Bed Bungalow, Refurb/BRRR, Thornton-Cleveleys, FY5 2HB, £215,000

Bardsway, THORNTON-CLEVELEYS, Lancashire, FY5 2HB - 1 views - a month ago

Refurb/BRRR
~68 m²
+12 photos

ValuationOvervalued

Sold Prices£70K - £327.5K
Sold Prices/m²£1K/m² - £3.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.2K/m²

Value Estimate

£148,693

 

 

End Value (After Refurb)

£200,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£53,750

Stamp Duty & Legal Fees

£11,950

Refurb Costs

£27,600

Bridging Loan Interest

£5,644

Total Cash In

£100,694

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£200,500

Mortgage (After Refinance)

£150,375

Mortgage LTV

75%

Cash Left In

£100,694

Equity

£50,125

Rent Range

£525 - £975

Rent Estimate

£784

Running Costs/mo

£803

Cashflow/mo

£-19

Cashflow/yr

£-232

Gross Yield

4%

Local Sold Prices

50 sold prices from £70K to £327.5K, average is £147.5K. £1K/m² to £3.6K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£190K06/230 mi24, Bardsway, Thornton-cleveleys, Lancashire FY5 2HB2
£142K11/210.05 mi7, Byron Avenue, Thornton-cleveleys, Lancashire FY5 2HA2
£155K04/210.12 mi3, Burns Avenue, Thornton-cleveleys, Lancashire FY5 2SZ2
£185K05/230.12 mi28, Tennyson Avenue, Thornton-cleveleys, Lancashire FY5 2ET2
£158.5K04/230.13 mi63, Waring Drive, Thornton-cleveleys, Lancashire FY5 2SW2
£139.9K05/210.13 mi65, Waring Drive, Thornton-cleveleys, Lancashire FY5 2SW2
£160K06/230.14 mi7, Browning Avenue, Thornton-cleveleys, Lancashire FY5 2HF2
£176.5K01/230.14 mi20, Masefield Avenue, Thornton-cleveleys, Lancashire FY5 2ES2
£153K09/210.15 mi12, Milton Avenue, Thornton-cleveleys, Lancashire FY5 2ER2
£149.9K12/210.16 mi62, Waring Drive, Thornton-cleveleys, Lancashire FY5 2SP2
£132.5K08/210.19 mi32, Holmes Road, Thornton-cleveleys, Lancashire FY5 2SH2
£90K01/210.19 mi26, Holmes Road, Thornton-cleveleys, Lancashire FY5 2SH2
£145K11/210.19 mi17, Wharfedale Avenue, Thornton-cleveleys, Lancashire FY5 2SS2
£167.5K12/210.19 mi34, Wharfedale Avenue, Thornton-cleveleys, Lancashire FY5 2SS2
£110K06/210.19 mi20, Wharfedale Avenue, Thornton-cleveleys, Lancashire FY5 2SS2
£130K05/210.2 mi1, Coleridge Avenue, Thornton-cleveleys, Lancashire FY5 2EP2
£130K01/230.2 mi7, Eversleigh Avenue, Thornton-cleveleys, Lancashire FY5 2EN2
£126K05/230.21 mi10, Branksome Avenue, Thornton-cleveleys, Lancashire FY5 2EW2
£135K01/210.21 mi14, Branksome Avenue, Thornton-cleveleys, Lancashire FY5 2EW2
£178.9K06/230.23 mi196, West Drive, Thornton-cleveleys, Lancashire FY5 2EJ2
£175K06/230.24 mi202, West Drive, Thornton-cleveleys, Lancashire FY5 2EL2
£215K09/210.3 mi4, Rosemary Avenue, Thornton-cleveleys, Lancashire FY5 2RE2
£327.5K11/220.3 mi6, Rosemary Avenue, Thornton-cleveleys, Lancashire FY5 2RE2
£240K12/200.31 mi135, West Drive, Thornton-cleveleys, Lancashire FY5 2EG2
£94K04/210.32 mi17, Trunnah Gardens, Thornton-cleveleys, Lancashire FY5 4BT2
£140K05/230.32 mi12, Trunnah Gardens, Thornton-cleveleys, Lancashire FY5 4BT2
£259.9K12/200.32 mi35, Seniors Drive, Thornton-cleveleys, Lancashire FY5 2RB2
£98.5K12/200.34 mi10, Longton Avenue, Thornton-cleveleys, Lancashire FY5 4BX2
£105.1K01/210.34 mi24, Longton Avenue, Thornton-cleveleys, Lancashire FY5 4BX2
£153K05/210.37 mi31, Kildare Avenue, Thornton-cleveleys, Lancashire FY5 2RZ2
£129K10/200.39 mi10, Kirkstone Avenue, Fleetwood, Lancashire FY7 8NN2
£227.5K05/210.4 mi11, Central Avenue North, Thornton-cleveleys, Lancashire FY5 2JR2
£325K08/230.4 mi4, Central Avenue North, Thornton-cleveleys, Lancashire FY5 2JR2
£85K03/210.41 mi4, Farm Close, Thornton-cleveleys, Lancashire FY5 4HZ2
£104K06/210.41 mi28, Grange Avenue, Thornton-cleveleys, Lancashire FY5 4PA2
£142K08/230.41 mi10, Grange Avenue, Thornton-cleveleys, Lancashire FY5 4PA2
£163K11/210.41 mi19, Grasmere Avenue, Thornton-cleveleys, Lancashire FY5 4AZ2
£173K04/230.47 mi78, Devonshire Avenue, Thornton-cleveleys, Lancashire FY5 4AR2
£160K06/230.47 mi9, Glenmore Avenue, Thornton-cleveleys, Lancashire FY5 4NY2
£167K04/230.47 mi28, Glenmore Avenue, Thornton-cleveleys, Lancashire FY5 4NY2
£132.5K03/210.49 mi8, Berwick Avenue, Thornton-cleveleys, Lancashire FY5 2JT2
£185K05/230.49 mi14, Berwick Avenue, Thornton-cleveleys, Lancashire FY5 2JT2
£165K08/230.49 mi15, Berwick Avenue, Thornton-cleveleys, Lancashire FY5 2JT2
£165K05/230.51 mi42, Ingleway, Thornton-cleveleys, Lancashire FY5 2PG2
£131.3K12/210.51 mi21, Coniston Avenue, Thornton-cleveleys, Lancashire FY5 4AQ2
£100K08/210.52 mi3, Ullswater Avenue, Thornton-cleveleys, Lancashire FY5 4AL2
£70K11/200.52 mi7, Rydal Avenue, Thornton-cleveleys, Lancashire FY5 4AJ2
£95K03/210.52 mi6, Rydal Avenue, Thornton-cleveleys, Lancashire FY5 4AJ2
£103K05/230.54 mi24, Ullswater Avenue, Thornton-cleveleys, Lancashire FY5 4AW2
£124K01/230.54 mi18, Ullswater Avenue, Thornton-cleveleys, Lancashire FY5 4AW2

Local Rents

27 rents from £525/mo to £975/mo, average is £775/mo.

RentDateDistanceAddressBeds 
£85005/240.06 mi-2
£97504/240.18 mi8 Ruskin Avenue, Thornton-Cleveleys, Lancashire, FY52
£77503/240.23 mi-2
£89503/240.27 mi-2
£65004/240.29 mi-2
£65004/240.29 mi-2
£65004/240.29 miFleetwood Road North, Thornton-Cleveleys, FY52
£75004/240.3 mi-2
£89502/240.31 mi-2
£85005/240.32 miFleetwood Road North, Thornton-Cleveleys, Lancashire, FY52
£95005/240.32 miWest Drive, Thornton-Cleveleys2
£75004/250.33 mi-2
£72503/250.33 mi-2
£96002/240.33 mi-2
£97510/240.33 mi-2
£77504/240.34 miLongton Avenue, Thornton-Cleveleys, FY52
£72504/240.37 mi-2
£65004/240.39 miTrunnah Road, Thornton-Cleveleys, Lancashire, FY52
£65012/240.41 mi-2
£67504/240.41 miGrange Avenue, Thornton-Cleveleys2
£89504/240.41 miKeepers Hey, Thornton-Cleveleys2
£70001/250.42 mi-2
£87504/240.48 miDevonshire Avenue, Thornton-Cleveleys, FY52
£75003/240.49 mi-2
£77504/240.5 miNorthumberland Avenue, Thornton-Cleveleys2
£77504/240.5 miNorthumberland Avenue, Thornton-Cleveleys2
£52504/240.59 miButts Road, Thornton-Cleveleys, Lancashire, FY52

Local Area Statistics

Population in FY5

44,800

Town centre distance

0.23 miles away

Nearest school

0.10 miles away

Nearest train station

2.41 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+2%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Listed for £215,000

March 18, 2025

Floor Plans

Description

  • Two Bedroom True Bungalow +
  • Semi-Detached +
  • Newly Renovated Fitted Kitchen +
  • Cosy Family Lounge +
  • Shower Room +
  • Enclosed Rear Garden +
  • Summer House/ Garden Bar +
  • Off Street Parking +

Welcome to Bardsway! Nestled in a peaceful cul-de-sac location, this recently renovated semi-detached true bungalow offers modern living at its finest. Immaculately presented throughout, the property features a stylish interior with spacious rooms, contemporary finishes, and plenty of natural light. Every corner has been thoughtfully updated, providing a comfortable and inviting atmosphere.
One of the standout features of this home is the stunning converted bar in the garden — perfect for entertaining or enjoying a quiet drink on a summer evening. Whether you're hosting friends or relaxing in your private oasis, this fantastic addition will be the highlight of your outdoor space.
With its quiet location, stylish renovations, and the added bonus of a garden bar, this bungalow is the perfect place to call home for those seeking comfort, convenience, and a touch of luxury.

Agent Details

Entwistle Green, Cleveleys

01253 835078

Next Steps?

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