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See how verdicts work1-bedroom flat · FY5 2LY
Sold STCReduced £6k (−8%) on 26 OctListed 294 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a good established residential location close to public transport and Cleveleys main shopping centre this well presented first floor flat with ideal development & investment opportunities, complimented by modern flooring and decoration throughout and offers accommodation benefiting from majority 'Combi' gas central heating UPVC double glazing and briefly comprising:- Entrance Vestibule, Lounge, Modern Kitchen, 16ft Bedroom, Bathroom and Separate W.C.
ACCOMMODATION ENTRANCE VESTIBULE:- Through UPVC double glazed exterior door, laminate wood flooring, staircase to first floor.
LANDING:- Feature UPVC double glazed arched window to side, double panel radiator, laminate wood flooring, giving access to:- LOUNGE:- 13'6"x11'11" (Currently used as a bedroom) Max Dimensions into UPVC double glazed bow window overlooking front, television aerial, laminate wood flooring, double panel radiator.
KITCHEN:- 7'5"x7'4" Modern fitted base and wall units finished in white with co-ordinating work surfaces, stainless steel single drainer sink unit, plumbed for automatic washing machine, Lamona electric oven and gas hob under illuminated extractor, UPVC double glazed window to front, part tiling to walls.
BEDROOM 1:- 16'2"x10'8" Max Dimensions into UPVC double glazed bow window overlooking rear, built in full height robes, Blyss electric wall heater.
BATHROOM:- 8'7"x5'6" Two piece suite in white comprising:- panelled bath and pedestal wash basin, UPVC double glazed window built in storage cupboard housing Ideal 'Combi' gas central heating boiler, part tiling to walls, fan heater, access to roof space.
SEPARATE W.C:- 5'9"x2'9" Low flush W.C in white, UPVC double glazed window, part tiling to walls. TENURE:- We are advised by the vendor the property is Leasehold. Residue of 999 years.
The current vendor is the Freeholder. SERVICES:- All mains services are connected. ADDITIONAL INFORMATION:- The property is an ideal development and investment opportunity.
APPLIANCES/EQUIPMENT:- Services, installations, heating systems and appliances have not been tested.
VALUATION:- If you are considering selling your present property INDEPENDENT will be pleased to provide you with a FREE VALUATION. 01/LD
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Kendal Avenue, Thornton-Cleveleys, Lancashire, FY5
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