2 Bed Flat, Single Let, Thornton-Cleveleys, FY5 1EW, £65,000
Beach Road, Thornton Cleveleys, FY5 1EW - 6 views - a year ago
Leasehold
BTL
ROI: 16%
~68 m²





+3 photos
ValuationUndervalued
Sold Prices | £47K - £206.4K |
Sold Prices/m² | £922/m² - £2.6K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £954/m² |
Value Estimate | £78,000 |
BMV | 20% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £16,250 |
Stamp Duty & Legal Fees | £3,150 |
Total Cash In | £19,400 |
| |
Cash Out | |
Rent Range | £595 - £1,295 |
Rent Estimate | £603 |
Running Costs/mo | £344 |
Cashflow/mo | £259 |
Cashflow/yr | £3,111 |
ROI | 16% |
Gross Yield | 11% |
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.
Local Rents
22 rents from £595/mo to £1.3K/mo, average is £738/mo.
Local Area Statistics
Population in FY5 | 44,800 |
Town centre distance | 1.30 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 3.14 miles away |
| |
Rental demand | Tenant's market |
Rental growth (12m) | +2% |
Sales demand | Balanced market |
Capital growth (5yrs) | +21% |
Property History
Listed for £65,000
January 9, 2024
Floor Plans

Description
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