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Palatine Road, Blackpool, Lancashire, FY1 4BT

North West

£110,000
Listed on 05/05/2026

Property Details

Bedrooms
N/A
Type
Hotel

Description

This former hotel, located in the heart of Central Blackpool on the bustling Palatine Road, presents a unique opportunity for investors and renovators alike. Previously operational as a hotel until March 2024, the property spans three stories and boasts planning permission for conversion into three self-contained holiday apartments—each with designated bedspaces, enhancing its appeal for short-term rentals. The ground floor features a spacious open-plan bar/lounge and dining area, along with a fitted kitchen and utility space. On the upper floors, there are multiple bedrooms including en-suites, which could be reconfigured to maximize rental income. While the building has been vacant for some time, it offers significant potential for refurbishment and investment in an area with year-round tourist activity. Viewing is essential to appreciate the scope of this project.

Investment Analysis

(FY1 area)
Area Average
£106/sq ft
Avg Rent (weekly)
£146
Avg Yield
6.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (FY1)

Area prices are stable by +1.0% over the last 12 months
3 year growth: -4.6%
5 year growth: +13.1%
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

Palatine Road, Blackpool, Lancashire, FY1 4BT
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£392
Based on a loan of £82,500 over 30 years at 3.97% 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.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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