4 Bed Detached House, Refurb/BRRR, Thornton-Cleveleys, FY5 1JN, £360,000

Thornton Gate, Thornton-Cleveleys, Lancashire, FY5 1JN - 1 views - 19 days ago

Motivated
Refurb/BRRR
~129 m²
+9 photos

ValuationOvervalued

Sold Prices£122K - £567.5K
Sold Prices/m²£1.1K/m² - £3.3K/m²

 

 

Square Metres

~129.26 m²
Price/m²£2.8K/m²

Value Estimate

£222,993

 

 

End Value (After Refurb)

£256,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£90,000

Stamp Duty & Legal Fees

£24,700

Refurb Costs

£52,378

Bridging Loan Interest

£9,450

Total Cash In

£178,278

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£256,000

Mortgage (After Refinance)

£192,000

Mortgage LTV

75%

Cash Left In

£178,278

Equity

£64,000

Rent Range

£758 - £1,100

Rent Estimate

£894

Running Costs/mo

£999

Cashflow/mo

£-105

Cashflow/yr

£-1,258

Gross Yield

3%

Local Sold Prices

41 sold prices from £122K to £567.5K, average is £245K. £1.1K/m² to £3.3K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£295K12/220.11 mi29, Carr Gate, Thornton-cleveleys, Lancashire FY5 1LB4
£282K05/230.14 mi43, Thornton Gate, Thornton-cleveleys, Lancashire FY5 1LE4
£275K11/220.16 mi31, Queens Walk, Thornton-cleveleys, Lancashire FY5 1JU4
£122K02/210.22 mi20, Penrith Avenue, Thornton-cleveleys, Lancashire FY5 2NA4
£265K07/230.34 mi32, North Promenade, Thornton-cleveleys, Lancashire FY5 1DW4
£350K02/210.34 mi43a, Cleveleys Avenue, Thornton-cleveleys, Lancashire FY5 2BA4
£460K07/230.39 mi35, Clarence Avenue, Thornton-cleveleys, Lancashire FY5 2BG4
£235K09/210.48 mi15, Barnes Drive, Thornton-cleveleys, Lancashire FY5 2WQ4
£249.9K06/210.49 mi48, Wolsey Close, Thornton-cleveleys, Lancashire FY5 2NZ4
£225K11/200.54 mi2, Arrowsmith Gardens, Thornton-cleveleys, Lancashire FY5 2WS4
£250K07/230.56 mi4, Newman Grove, Thornton-cleveleys, Lancashire FY5 2WT4
£208K05/210.57 mi25b, Ellerbeck Road, Thornton-cleveleys, Lancashire FY5 1DH4
£185K01/210.6 mi6, Kingsway, Thornton-cleveleys, Lancashire FY5 1DL4
£207.5K04/210.6 mi10, Kingsway, Thornton-cleveleys, Lancashire FY5 1DL4
£226K05/230.6 mi32, Kingsway, Thornton-cleveleys, Lancashire FY5 1DL4
£567.5K09/210.61 miRed Trees, Holmefield Avenue, Thornton-cleveleys, Lancashire FY5 2QP4
£133K02/230.66 mi26, Alconbury Crescent, Thornton-cleveleys, Blackpool FY5 1DR4
£370K12/210.68 mi2, Central Avenue North, Thornton-cleveleys, Lancashire FY5 2JR4
£234K03/230.71 mi36, Milburn Avenue, Thornton-cleveleys, Lancashire FY5 2LD4
£220K01/230.73 mi19, Buckden Close, Thornton-cleveleys, Blackpool FY5 1DS4
£545K03/210.73 miStaar House, Linden Close, Thornton-cleveleys, Lancashire FY5 2RA4
£160K06/210.74 mi29, Buckden Close, Thornton-cleveleys, Blackpool FY5 1DS4
£155K11/200.74 mi10, Buckden Close, Thornton-cleveleys, Blackpool FY5 1DS4
£168K10/220.75 mi12, Buckden Close, Thornton-cleveleys, Blackpool FY5 1DS4
£182K01/210.77 mi5, Blackthorn Close, Thornton-cleveleys, Lancashire FY5 2ZA4
£285K11/210.79 mi9, Whitecrest Avenue, Thornton-cleveleys, Lancashire FY5 2AQ4
£365K03/230.79 mi20, Whitecrest Avenue, Thornton-cleveleys, Lancashire FY5 2AQ4
£260K11/220.79 mi18, Huntingdon Road, Thornton-cleveleys, Blackpool FY5 1SS4
£277.5K06/230.83 mi1, Thistle Close, Thornton-cleveleys, Lancashire FY5 2UN4
£245K08/210.83 mi2, Thistle Close, Thornton-cleveleys, Lancashire FY5 2UN4
£210K11/200.83 mi16, Anchorsholme Lane West, Thornton-cleveleys, Blackpool FY5 1LY4
£250K12/200.84 mi21, Rowland Lane, Thornton-cleveleys, Lancashire FY5 2QX4
£360K09/210.89 mi4, Linden Avenue, Thornton-cleveleys, Lancashire FY5 2EY4
£310K06/230.89 mi2, Chaucer Avenue, Thornton-cleveleys, Lancashire FY5 2SY4
£200K03/230.89 mi6, Kelso Avenue, Thornton-cleveleys, Blackpool FY5 3EA4
£236.5K09/210.9 mi61, Pheasant Wood Drive, Thornton-cleveleys, Lancashire FY5 2AW4
£185K12/200.9 mi30, Pheasant Wood Drive, Thornton-cleveleys, Lancashire FY5 2AW4
£162.5K02/210.91 mi11a, Gresham Road, Thornton-cleveleys, Blackpool FY5 3EE4
£165K03/210.91 mi4, College Avenue, Thornton-cleveleys, Blackpool FY5 1NB4
£254K12/210.96 mi5, Bluebell Close, Thornton-cleveleys, Lancashire FY5 2ZJ4
£247.3K01/210.96 mi5, Bluebell Close, Thornton-cleveleys, Lancashire FY5 2ZJ4

Local Rents

13 rents from £758/mo to £1.1K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£99504/240.16 miRossall Road, Thornton Cleveleys3
£82504/240.19 miCumberland Avenue, Thornton-Cleveleys3
£82504/240.19 miCumberland Avenue, Thornton-Cleveleys3
£90005/240.2 mi-3
£80004/240.29 miMilnthorpe Avenue, Thornton-Cleveleys, FY5 2LZ3
£90002/250.3 mi-3
£97504/240.34 miStockdove Way, Thornton-Cleveleys3
£75804/240.35 miSlinger Road, Thornton-Cleveleys, Lancashire, FY53
£1,00003/250.37 mi-3
£85004/240.39 mi-3
£99503/250.41 mi-4
£1,10008/230.46 mi-3
£80004/240.55 miElms Avenue, Thornton-Cleveleys3

Local Area Statistics

Population in FY5

44,800

Town centre distance

1.21 miles away

Nearest school

0.10 miles away

Nearest train station

3.23 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+2%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Listed for £360,000

March 21, 2025

Floor Plans

Description

  • Council Tax Band E, Freehold, +
  • Spacious Detached Family Home With Period Features +
  • Bay Fronted Living Room, Separate Dining Room +
  • Diner/Morning Room and Fitted Kitchen +
  • Four Double Bedrooms +
  • Family Bathroom, Separate WC and Downstairs WC +
  • Low Maintenance Rear Garden +
  • Garage and Off Road Parking +
  • Could Benefit From some Modernisation but Move in Ready +
  • Viewing Advised +

This substantial detached family property is just waiting for someone to put their own stamp on. With high ceilings, and cornicing throughout the property retains much of its original charm. Situated near Jubilee Gardens and the Sea Front, early viewing advised.

This detached home is located in Thornton Cleveleys with close proximity to a range of amenities, schools, shopping facilities, food/drink establishments and more. The area also offers excellent road and transport links for travel both locally and further afield.

The accommodation briefly comprises a welcoming entrance way, a spacious living room, separate dining room and a kitchen. There is also a morning room and a WC

To the first floor is an inviting landing area through to four well-proportioned bedrooms a bathroom and a separate WC

Externally, the property benefits from a low maintenance rear garden, driveway parking and a garage

This home is an excellent find. We anticipate a high amount of interest and as such we would recommend that any interested buyers inquire to arrange a viewing at the earliest convenience to ensure the opportunity is not missed.

Premium Fast Sale

The innovative Premium Fast Sale Plus method from Springbok Properties is a secure and straightforward way to buy property. It works like a typical sale, with a number of added benefits to the buyer.

Benefits

o Carefully implemented security measures
o A speedy process
o Realistically priced properties
o A Buy it Now option (ask for further information on this feature from our advisors)
o A significantly reduced chance of fall-throughs
o No risk of being "gazumped"
o The full focus of our highly motivated team

Springbok Properties' Premium Fast Sale Plus puts you in the driving seat thanks to our fast and secure methods.

All properties are competitively priced and carefully managed by motivated sellers for a quick, stress-free transaction.

Deposit

Sales can be secured with a reservation deposit of £5,000. This forms part of the final purchase price and is NOT an extra cost.

This deposit ensures that the property is taken off the market as soon as a sale is agreed. It is then exclusively reserved for you, eliminating gazumping, time wasting and financial loss.

An administration fee of £396 is required in order to draw up an exclusive legally binding contract between the buyer and seller. This gives the buyer exclusive rights to purchase within a pre-agreed timeframe.

Exclusivity

Following the payment of the above amount, Springbok Properties will facilitate a fixed exclusivity period (approximately 12 weeks). During this time, surveys should be arranged and preparations made for the exchange of contracts. The property will be reserved, so there will be no risk of gazumping.

Process

Our Premium Fast Sale Plus follows the below process:

STEP 1 - Register your interest
STEP 2 - Prepare your finances for the purchase
STEP 3 - Arrange a viewing
STEP 4 - Make an offer
STEP 5 - Secure your sale using our secure system
STEP 6 - Exchange and complete

Don't miss out on the chance to purchase this property. Call us today for further information and to arrange a viewing.

If you're interested in this property, we urge you to contact us immediately to arrange an early viewing and get the process started. This will help you to avoid missing out on this opportunity.

Springbok Properties' innovative Premium Fast Sale Plus is a secure and straightforward way to buy property.

Please note: to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.

Please call us now to book an appointment.

We highly recommend early viewing as this property is priced relatively low and is likely to generate quite an interest.

Please call us now to book an appointment.

Call Recording

Please note to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.

Disclaimer

Springbok Properties for itself and the Vendors or lessors of properties for whom they act give notice that:

The details shown on this website are a general outline for the guidance of intending purchasers, and do not constitute, nor constitute part of, an offer or contract or sales particulars. All descriptions, dimensions, references to condition and other details are given in good faith and are believed to be correct but any intending purchasers should not rely on them as statements or representations of fact but must satisfy themselves by inspection, searches, survey, enquiries or otherwise as to their correctness. We have not been able to test any of the building service installations and recommend that prospective purchasers arrange for a qualified person to check them before entering into any commitment. Further, any reference to, or use of any part of the properties is not a statement that any necessary planning, building regulations or other consent has been obtained. All photographs shown are indicative and cannot be guaranteed to represent the complete interior scheme or items included in the sale. No person in our employment has any authority to make or give any representation or warranty whatsoever in relation to this property.

TENURE

To be confirmed by the Vendor's Solicitors

Note

The price given is a marketing price and not an indication of the property's market value. The vendor like any seller is looking to achieve the maximum price possible. Hence, by making an enquiry on this property, you recognise and understand that this property is strictly offers in excess of the marketing price provided.

How to View this Property

Viewing is strictly by appointment please call us now for bookings.

AML REGULATIONS & PROOF OF FUNDING: Any proposed purchasers will be asked to provide identification and proof of funding before any offer is accepted. We would appreciate your co-operation with this to ensure there are no delays in agreeing the sale.

Agent Details

Springbok Properties, Nationwide

0161 416 6302

Next Steps?

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