Grasmere Road, Blackpool, FY1

North West

£150,000

Listed on 28/12/2025

Property Details

Bedrooms

Type

Terraced house

Area

3424 sqft

Description

This property, previously two separate homes, has been transformed into a sizable single residence, presenting a unique chance for redevelopment. It is ideally suited for cash buyers looking for a significant project without any chain delays. The extensive building requires comprehensive renovation throughout, offering a blank canvas for investors or developers to create multiple units or reconfigure the space entirely. Located close to essential amenities and transport options, including Blackpool Town Centre, this property boasts both potential and convenience. With its generous dimensions and prime location, it stands as an excellent investment opportunity ripe for substantial transformation.

Investment Analysis

(FY1 area)

Below Market Value

This property is priced -59.9% below area average per sq ft

-59.9%

Potential saving

This Property

£44/sq ft

Area Average

£109/sq ft

Avg Rent (weekly)

£138

Avg Yield

6.3%

Renovation Potential

Heavy Refurb

Est. Renovation Cost

£100,000 - £150,000

Target Value

£411,103

10% above area average per sq ft

Potential ROI

+37.0%

After renovation

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

19%

Properties sold annually

Local Market Trend (FY1)

Area prices are stable by +1.9% over the last 12 months

3 year growth: -4.9%

5 year growth: +13.3%

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

Grasmere Road, 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

£541

Based on a loan of £112,500 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.

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