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Elizabeth Street, Blackpool, FY1

North West

£35,000
Listed on 21/02/2026

Property Details

Bedrooms
1
Type
Ground Flat
Area
449 sqft

Description

This one-bedroom flat, conveniently located near the town centre, presents a valuable investment opportunity for those looking to enhance its appeal. While the property requires refurbishment, it offers a sturdy foundation for renovation efforts aimed at significantly increasing its rental value. The interior comprises a lounge area, kitchen, double bedroom, and bathroom, all of which are well-proportioned and ready for modern updates. With a straightforward layout, reconfiguring the space to create a more inviting atmosphere or rental unit is feasible. Off-road parking is an additional advantage in this central location, with easy access to local shops, transport links, and the promenade. Post-renovation, the estimated rental value could reach between £550 and £600 per month.

Investment Analysis

(FY1 area)

Below Market Value

This property is priced -28.6% below area average per sq ft

-28.6%
Potential saving
This Property
£78/sq ft
Area Average
£109/sq ft
Avg Rent (weekly)
£138
Avg Yield
6.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£53,909
10% above area average per sq ft
Potential ROI
-10.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
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

Elizabeth Street, Blackpool, FY1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£126
Based on a loan of £26,250 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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