Summary - 11A CLEVELEYS AVENUE THORNTON-CLEVELEYS FY5 2UH
1 bed 1 bath Flat
Stable tenancy and high gross yield make this a clear investor buy.
One bedroom flat, approx. 564 sq ft, compact one-bath layout
A straightforward one-bedroom flat in Thornton-Cleveleys, offered with a long-term tenant in situ and immediate rental income. The property sits within an Edwardian-style building, has private driveway parking and a rear garden, and totals approximately 564 sq ft — compact but practical for single-occupancy or rental use.
Currently producing a gross annual income of £6,768, the purchase price of £67,000 equates to a gross yield of about 10% — a clear draw for investors seeking hands-off returns. The tenant has occupied the flat for several years and intends to remain, providing income continuity; full tenancy details are available in the Let Property Pack.
The interior shows dated mid-20th-century decor and would benefit from modernization to increase capital value or attract higher rents. Buyers should note the property is leasehold and a Buyers Premium will apply on sale, so factor transaction fees and lease terms into any purchase appraisal.
Local amenities, fast broadband and excellent mobile signal make the flat attractive to a wide tenant pool. The area profile skews older (self-sufficient retirement / ageing suburbanites) which supports steady rental demand but may limit capital growth compared with more dynamic neighbourhoods.
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