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Woolman Road, Blackpool

North West

£75,000
Listed on 02/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
935 sqft

Description

This mid-terraced property features three bedrooms and offers considerable potential for renovation, making it an appealing opportunity for investors or those seeking a project. The layout includes a welcoming entrance hall that leads into both a living room and a dining room, providing ample space for family gatherings or entertaining guests. The kitchen, while functional, is ready for updates that could enhance both its aesthetics and utility. Upstairs, you'll find three generously sized bedrooms that can easily be transformed to suit modern living needs. The bathroom also presents an opportunity for refurbishment, allowing you to create a personal sanctuary. The exterior boasts a substantial rear garden, offering not just outdoor space but the possibility for landscaping or even expansion if desired. Located within convenient proximity to local amenities and public transport links, this property benefits from easy access to shops, schools, and services—elements that enhance its investment potential. With some thoughtful improvements, this home could become an attractive rental property or a comfortable residence tailored to your taste.

Investment Analysis

(FY1 area)

Below Market Value

This property is priced -23.4% below area average per sq ft

-23.4%
Potential saving
This Property
£80/sq ft
Area Average
£105/sq ft
Avg Rent (weekly)
£151
Avg Yield
7.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£107,735
10% above area average per sq ft
Potential ROI
-6.3%
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

Woolman Road, Blackpool
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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
£275
Based on a loan of £56,250 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