84-86 , Victoria Road West, Thornton Cleveleys, Lancashire, FY5 - Image 1

84-86 , Victoria Road West, Thornton Cleveleys, Lancashire, FY5

North West

£418,000

Listed on 06/06/2026

Property Details

Bedrooms

N/A

Type

Mixed Use

Description

This property presents a promising investment opportunity, comprising a ground floor commercial space currently leased to a Nail Spa generating an annual income of £25,000. Above, you'll find separately accessed residential flats, each producing a monthly rental of £700 under AST agreements, bringing the total rental income to £41,800 per year. Notably, the additional rear yard and outbuilding provide further potential for development; previous planning permission for a new two-bedroom flat has lapsed but may be pursued again by a motivated new owner. With its mixed-use setup and room for growth, this property could significantly increase its value with the right renovations and strategic planning.

Investment Analysis

(FY5 area)

Area Average

£206/sq ft

Avg Rent (weekly)

£171

Avg Yield

4.3%

Renovation Potential

Medium Refurb

Est. Renovation Cost

£30,000 - £50,000

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

Average per month

Market Turnover

13%

Properties sold annually

Local Market Trend (FY5)

Area prices are stable by -0.1% over the last 12 months

3 year growth: -1.8%

5 year growth: +13.9%

Investment Disclaimer: Analysis based on FY5 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

84-86 , Victoria Road West, Thornton Cleveleys, Lancashire, FY5

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Mortgage Calculator

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments

£1,579

Based on a loan of £313,500 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.