Flat 2, 119 Thornton Road, Morecambe - LA4 5PH

Guide Price: £45,000

Beds: 2
Type: Flat
Tenure: Leasehold

Property Details

SDL Auctions (National) describes this property as:

Two bedroomed apartment. Currently let out at a rental income of £450 per month. EPC Rating: D. Generating an impressive yield of 12% against the guide price. Central location close to the town centre of Morecambe. Yearly income of £5,400

Auction Details

Auctioneer:
SDL Auctions (National)
Auction date:
10.00am - 26 May 2022
Venue:
Online bidding

For viewings, biddings or more information:

Go to the SDL Auctions (National) Website

Local Market Data

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The following data is based on a Leasehold 2 bedroom Flat. This data is derived and aggregated from public sources and to be used as a guide not an authority. Please let us know if you spot any anomalies.

Average sold price:

£91,350

Average asking price:

£133,775

Average price per sq/ft:

£154
Date Price Address Distance (miles)
04 Mar 2022 £95,000 37, Clarence Court, LA4 6DL 0.81
25 Feb 2022 £95,000 6, Grayrigg Drive, LA4 4UH 0.67
22 Oct 2021 £109,000 11, Braemar Court, LA4 5YB 0.77
28 Sep 2021 £69,950 12, Hutton Grove, LA4 4PD 0.61
24 Sep 2021 £70,000 49, Balmoral Road, LA4 4JR 0.97
20 Aug 2021 £195,000 5, Lodges Grove, LA4 6HE 0.76
27 Jul 2021 £65,000 26, Stuart Avenue, LA4 6EB 0.52
20 Jul 2021 £93,000 87, Hampsfell Drive, LA4 4TP 0.60
03 Jun 2021 £207,000 23, The Parks, LA4 6BP 0.83
02 Jun 2021 £75,750 10a, Westfield Grove, LA4 4LQ 0.79
26 Mar 2021 £100,000 8a, Westminster Avenue, LA4 4DU 0.79
26 Mar 2021 £165,000 8, The Parks, LA4 6BP 0.83
04 Mar 2021 £87,000 79, Grayrigg Drive, LA4 4UL 0.61
01 Feb 2021 £130,000 Flat 11, Kensington Court, Bare Lane, LA4 6DH 0.84
01 Feb 2021 £75,000 18, Old Hall Close, LA4 6NL 1.19
22 Jan 2021 £122,000 8, Westminster Avenue, LA4 4DU 0.79
22 Dec 2020 £93,250 37, Old Hall Close, LA4 6NL 1.18
18 Dec 2020 £86,000 8, Balmoral Road, LA4 4JN 0.71
08 Dec 2020 £79,500 36, Old Hall Close, LA4 6NL 1.19
07 Dec 2020 £58,000 10, Monkswood Avenue, LA4 6TW 0.76

The following data is based on a Leasehold 2 bedroom Flat. This data is derived and aggregated from public sources and to be used as a guide not an authority. Please let us know if you spot any anomalies.

Average weekly rental: £145

Average yield: 5.7%

Weekly Rent Bedrooms Property Type distance (miles)
£104 2 flat 0.19
£150 2 flat 0.23
£153 2 flat 0.72
£144 2 flat 0.72
£160 2 flat 0.76
£160 2 flat 0.77
£121 2 flat 0.94
£127 2 flat 1.04
£127 2 flat 1.04
£127 2 flat 1.14
£144 2 flat 1.43
£127 2 flat 1.83
£138 2 flat 2.58
£138 2 flat 2.60
£196 2 flat 2.69
£179 2 flat 2.70
£173 2 flat 2.74
£196 2 flat 2.81
£155 2 flat 2.86
£145 2 flat 2.86