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Cheltenham Road, Blackpool, Lancashire, FY1 - Image 1
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Cheltenham Road, Blackpool, Lancashire, FY1 - Image 3
Cheltenham Road, Blackpool, Lancashire, FY1 - Image 4
Cheltenham Road, Blackpool, Lancashire, FY1 - Image 5
Cheltenham Road, Blackpool, Lancashire, FY1 - Image 6

Cheltenham Road, Blackpool, Lancashire, FY1

North West

£100,000
Listed on 18/06/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This freehold property, located in the desirable North Shore area of Blackpool, presents a unique investment opportunity with substantial renovation potential. With its two-storey layout, this mixed-use building previously operated as a butcher's shop and features an integrated food processing unit, along with office space above. The versatile configuration allows for various commercial uses or redevelopment possibilities. The ground floor includes a main shop area of approximately 189 sq ft, which is complemented by a sizable food processing section covering around 1,342 sq ft. This space is equipped with multiple cold stores and storage rooms, making it well-suited for food-related ventures or other retail businesses. On the first floor, you will find an open-plan front office (approximately 242 sq ft) and a rear office (about 268 sq ft), both featuring appealing wood-effect flooring. Additional storerooms and a spacious area of around 398 sq ft equipped with non-slip flooring provide functionality for various business needs. A toilet facility adds to the convenience of the layout. Situated in a vibrant residential neighborhood, the property enjoys close proximity to essential local amenities, schools, and public transport links, enhancing its appeal to potential tenants or customers. The private side car park accommodates approximately five vehicles, providing valuable parking space in an often-congested area. The development potential is noteworthy; possibilities include residential conversion or continued mixed commercial use, pending the necessary planning permissions. With the right vision and investment, this property could transform into a profitable venture that meets the needs of the community while capitalizing on its prime location. An Energy Performance Certificate (EPC) is available upon request (Current Rating: F). Please note that we have not conducted an internal inspection of the premises.

Investment Analysis

(FY1 area)
Area Average
£105/sq ft
Avg Rent (weekly)
£151
Avg Yield
7.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (FY1)

Area prices are rising by +4.5% over the last 12 months
3 year growth: -2.8%
5 year growth: 16.4%
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

Cheltenham Road, Blackpool, Lancashire, FY1
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£366
Based on a loan of £75,000 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE