2-bedroom flat · FY5 1FF
Sold STCReduced £10k (−13.3%) on 24 SepListed 96 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property located in For Sale by Online Auction with a Starting Bid of £75,000. Terms and Conditions Apply. See WebbMove for all the Auction Details.
Investment Opportunity – Priced for a Quick Sale A spacious first-floor, two-bedroom apartment situated in a popular residential location in Cleveleys, just a short distance from the town centre and its excellent range of local amenities, including shops, supermarkets, cafés, and convenient transport links.
The property is also within easy walking distance of the picturesque Cleveleys Promenade, offering beautiful coastal walks and stunning sea views.
An ideal investment opportunity, the property is being sold with a long-term tenant in situ, currently paying £550 pcm, with scope for a rental review to enhance future returns.
Offered at approximately 20% below market value for a quick sale, this represents excellent value and is expected to attract significant interest.
The property also benefits from affordable ongoing costs, with a service charge of approximately £60 pcm and a ground rent of around £150 per annum, making it a cost-effective addition to any investment portfolio.
Early viewing is highly recommended, as opportunities like this rarely remain available for long.
Hallway 3' 7" x 11' 9" (1.09m x 3.58m) living room 13' 11" x 14' 10" (4.24m x 4.52m) kitchen 7' 11" x 9' 3" (2.41m x 2.82m) bedroom one 12' 4" x 7' 8" (3.76m x 2.34m) bedroom two 12' 4" x 7' 10" (3.76m x 2.39m) bathroom 7' 10" x 8' 1" (2.39m x 2.46m) coverage auction information
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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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 12, Sandy Close, Thornton-Cleveleys
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