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Elterwater Place, BLACKPOOL, Lancashire, FY3

North West

£120,000

Listed on 09/06/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
880 sqft

Description

This semi-detached two-bedroom property presents a compelling opportunity for investors and homeowners alike. With its spacious layout and outdoor potential, it’s a canvas waiting for your personal touch. Upon entering, you’re welcomed by a front porch that sets a charming tone. The large reception room is ideal for relaxation or gathering, while the kitchen-dining area connects seamlessly to a bright sunroom/conservatory at the back—perfect for entertaining or enjoying garden views. Upstairs features two well-sized bedrooms, including one with patio-style doors leading to a flat roof area. This unique aspect offers great potential for the creation of a balcony or terrace, subject to necessary permissions—an appealing feature for those looking to enhance property value. The expansive rear garden stands out as a significant asset, providing ample space for landscaping or even future development (STPP). Additionally, there’s a greenhouse and practical storage options throughout the home. The side shared driveway provides access to a garage, further enhancing off-road parking solutions. Located conveniently off Preston New Road, this home offers excellent commuter access to key cities like Preston and Manchester. It is also close to Clifton Retail Park, ensuring everyday necessities are within reach. While modernization is required, the solid foundations and generous spaces allow room for creativity and value addition. Opportunities like this in sought-after locations are rare; don’t overlook this chance to craft your ideal home.

Investment Analysis

(FY3 area)

Below Market Value

This property is priced -14.5% below area average per sq ft

-14.5%
Potential saving
This Property
£136/sq ft
Area Average
£159/sq ft
Avg Rent (weekly)
£186
Avg Yield
6.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£154,299
10% above area average per sq ft
Potential ROI
+2.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (FY3)

Area prices are rising by +2.2% over the last 12 months
3 year growth: +6.1%
5 year growth: +16.4%
Investment Disclaimer: Analysis based on FY3 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

Elterwater Place, BLACKPOOL, Lancashire, FY3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£453
Based on a loan of £90,000 over 30 years at 4.45% 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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