3 bed terraced house for sale

Nutter Road, Thornton Cleveleys FY5

A large three bedroom home with two ensuites, multiple reception rooms and off street parking

This generous three bedroom house offers a high yielding investment in the heart of Thornton-Cleveleys, just moments from the town centre, transport links and local amenities. With approximately 1,291 square feet (110 sq m) of internal space, the property provides an attractive layout for long term tenants, including two ensuite bedrooms, a further house bathroom, multiple reception areas and private off street parking in a gated yard.

The accommodation includes a kitchen diner, two additional reception rooms, downstairs WC, three bedrooms (two with ensuites) and a main bathroom. There is central heating throughout, along with a small front garden patio area. The property sits less than a two minute walk from the high street, shopping area, cafés, restaurants, pubs, tram stop and bus station, supporting strong rental appeal.

The property is maintained in good condition. Recent works include a full replacement of the roof over the front extension and maintenance works to the main roof. The seller notes some rising damp internally. Over the past five years, the property has averaged just over £1,000 per year in operating costs, including insurance, maintenance and compliance checks. More extensive investment has been completed in the last year with the roof upgrade and full external decoration.

The tenancy is established and currently generates £850 per month, producing a 7.29 percent gross yield at the guide price of £140,000. EPC rating D, valid until 30 August 2035.

The property is leasehold on a 999 year lease from 12 May 1991. No ground rent demands have been made during ownership, and the title states that any ground rent falling due would be £2.10s.0d.

A spacious, well located investment with strong rental fundamentals, generous internal space and recent capital improvements. Further information is available on request.