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York Street, BLACKPOOL, Lancashire, FY1 - Image 1
York Street, BLACKPOOL, Lancashire, FY1 - Image 2
York Street, BLACKPOOL, Lancashire, FY1 - Image 3
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York Street, BLACKPOOL, Lancashire, FY1 - Image 11

York Street, BLACKPOOL, Lancashire, FY1

North West

£90,000
Listed on 05/09/2025

Property Details

Bedrooms
8
Type
Terraced house
Area
2076 sqft

Description

This expansive eight-bedroom guest house presents a unique opportunity for renovation or investment, ideally situated near the renowned Blackpool promenade and conveniently close to the town center. It’s an attractive prospect for those looking to make their mark in a bustling tourist environment. The property's layout is both spacious and flexible, featuring eight well-sized bedrooms that can readily accommodate guests or be transformed into self-contained apartments. This adaptability offers significant potential for developers and investors to reimagine the space according to current market demands. A modern kitchen serves as the heart of the property, complete with ample counter space and contemporary appliances. This area can easily be repurposed for multiple smaller kitchenettes if you choose to convert the property into residential flats, enhancing its functionality while maximizing investment returns. Outdoor features include a sizable rear yard that presents opportunities for landscaping or creating inviting communal spaces—ideal for future tenants or guests looking for a bit of nature amidst their stay. Two comfortable lounges add value by providing communal areas that encourage socializing among visitors or could be utilized creatively in a redevelopment plan. Practical amenities such as a downstairs utility room and WC enhance operational efficiency, while three bathrooms cater to comfort and privacy, with room for further enhancements. Location is key here; being just moments away from Blackpool's vibrant promenade ensures high foot traffic and accessibility. Nearby transport links facilitate easy movement around the area, making it convenient for both residents and tourists alike. The proximity to local shopping, dining, and entertainment options further underscores the property's appeal as a rental or hospitality venture. With its generous space and prime location, this property is primed for redevelopment potential—whether as flats or an upgraded boutique accommodation option—subject to necessary planning permissions. The current structure provides a solid foundation from which strategic renovations can generate strong returns in this high-demand area. This property not only offers versatile accommodation but also represents an exciting chance for astute investors seeking growth opportunities in Blackpool's real estate market.

Investment Analysis

(FY1 area)

Below Market Value

This property is priced -58.6% below area average per sq ft

-58.6%
Potential saving
This Property
£43/sq ft
Area Average
£105/sq ft
Avg Rent (weekly)
£151
Avg Yield
7.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£239,207
10% above area average per sq ft
Potential ROI
-0.3%
After renovation
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

York Street, BLACKPOOL, Lancashire, FY1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£330
Based on a loan of £67,500 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