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
BMV20%

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.

PriceDateDistanceAddressBeds 
£47K07/210.02 mi97f, Beach Road, Thornton-cleveleys, Lancashire FY5 1EW2
£101K04/230.07 mi20, Sandy Close, Thornton-cleveleys, Lancashire FY5 1FF2
£97K04/230.07 mi4, Sandy Close, Thornton-cleveleys, Lancashire FY5 1FF2
£75K06/210.2 mi44b, Beach Road, Thornton-cleveleys, Lancashire FY5 1EQ2
£175K12/220.23 miFlat 3, Grosvenor Court, Ellerbeck Road, Thornton-cleveleys, Lancashire FY5 1TD2
£195K10/210.28 mi309, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£199.9K06/230.28 mi313, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£179.9K12/220.28 mi207, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£120K03/210.28 mi204, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£135K11/200.28 mi202, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£149K02/210.28 mi109, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£150K02/210.28 mi1, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£130K05/210.28 mi2, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£151K10/200.28 mi103, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£206.4K09/220.28 mi304, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE2
£150K11/200.49 mi18, Beechwood Drive, Thornton-cleveleys, Lancashire FY5 5EH2
£175K12/200.53 mi2, East Court, Thornton-cleveleys, Lancashire FY5 1JS2
£120K07/230.56 mi123, Sovereign Court, Thornton-cleveleys, Blackpool FY5 3PH2
£92K01/210.56 mi102, Sovereign Court, Thornton-cleveleys, Blackpool FY5 3PH2
£109K11/210.61 miFlat 7, Oakleaf Court, Cleveleys Avenue, Thornton-cleveleys, Lancashire FY5 2NX2
£108K12/220.75 mi26, Gorse Avenue, Thornton-cleveleys, Lancashire FY5 2PJ2
£72.5K11/220.83 mi30, Osborne Grove, Thornton-cleveleys, Lancashire FY5 1HP2

Local Rents

22 rents from £595/mo to £1.3K/mo, average is £738/mo.

RentDateDistanceAddressBeds 
£67501/240.08 mi-2
£85001/250.08 mi-2
£85001/250.08 mi-2
£86504/240.16 mi-2
£86003/250.16 mi-2
£1,25003/250.17 mi-2
£72504/240.18 miVictoria Road West, Thornton-Cleveleys, Lancashire, FY52
£1,29503/250.19 mi-2
£69502/250.2 mi-2
£62504/240.23 mi-2
£65004/240.23 mi-2
£75012/240.23 mi-2
£60012/240.24 mi-2
£77502/250.25 mi-2
£77502/250.26 mi-2
£59502/240.28 mi-2
£70004/240.33 mi5 Crescent West, Cleveleys. FY5 1AB2
£71312/240.34 mi-2
£75004/240.36 miPLEASE PHONE FOR VIEWINGS - Victoria Road West, Thornton-Cleveleys2
£67505/240.45 miSt. Davids Court, St. Davids Avenue, Cleveleys2
£75008/240.59 mi-2
£67501/250.59 mi-2

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

WELL PRESENTED FIRST FLOOR FLAT IN A CONVENIENT LOCATION WITH SEA VIEWS & NO ONWARD CHAIN INVOLVED Well Presented First Floor Flat comprising Communal Entrance, Hallway, Lounge/Dining Room, Kitchen, Two Double Bedrooms with En-Suite Shower Room to Master, 3 Piece Bathroom, Off Road Parking, No Onward Chain Involved, Council Tax Band A

Communal Entrance - Double glazed entrance door, stairs to first floor landing

Hallway - Wooden laminate flooring

Lounge/Dining Room - 3.86m x 5.72m (12'8 x 18'9) - Double glazed walk in bay window to front, window to front, radiator, wooden laminate flooring, wall mounted electric fire

Kitchen - 2.82m x 2.41m (9'3 x 7'11) - Fitted with a matching range of base and wall units, with round edge worktops, electric oven, ceramic hob with extractor hood over, stainless steel sink with mixer taps and tiled splashbacks, plumbing for washing machine & dishwasher, space for fridge freezer, double glazed window to side

Bedroom 1 - 3.86m x 3.25m (12'8 x 10'8) - Double glazed walk in bay window to side, radiator, built in cupboards

En-Suite Shower Room - 1.83m x 2.11m (6'0 x 6'11) - Fitted with a 3 piece suite comprising low level wc, shower enclosure, vanity wash hand basin with storage under, tiled floor

Bedroom 2 - 2.46m x 2.72m (8'1 x 8'11) - Double glazed window to side, radiator

Bathroom - 2.18m x 1.70m (7'2 x 5'7) - Fitted with a 3 piece suite comprising low level wc, 'P' shape bath with shower over, pedestal wash hand basin, tiled floor, double glazed window to side

Outside - Off road parking

Agent Details

Hunters, Blackpool

01253 542441

Next Steps?

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