Lord Street, Blackpool FY1

North West

£50,000

Listed on 09/02/2026

Property Details

Bedrooms

Type

Detached house

Description

This property presents an intriguing investment opportunity in Blackpool, featuring a block of three flats situated just a short distance from Blackpool North Station and the Promenade. However, the entire building requires comprehensive refurbishment to unlock its full potential. Given its location in a bustling, tourist-centric area known for its nightlife and attractions, rejuvenating these flats could significantly enhance their rental value. The current layout includes a two-bedroom flat on the ground floor, complemented by two one-bedroom units on the first and second floors. There are also small garden spaces at both the front and rear of the property that could be improved to increase appeal. Once completed, the expected rental income for these units could approximate £19,000 annually.

Investment Analysis

(FY1 area)

Area Average

£108/sq ft

Avg Rent (weekly)

£150

Avg Yield

7.0%

Renovation Potential

Heavy Refurb

Est. Renovation Cost

£60,000 - £90,000

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

18%

Properties sold annually

Local Market Trend (FY1)

Area prices are rising by +3.9% over the last 12 months

3 year growth: -3.6%

5 year growth: 15.3%

Investment Disclaimer: Analysis based on FY1 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

Lord Street, Blackpool FY1

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Mortgage Calculator

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments

£180

Based on a loan of £37,500 over 30 years at 4.06% 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.