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Warbreck Drive, Blackpool

North West

£100,000Guide Price

Listed on 10/07/2026

Property details

Bedrooms
4
Type
Block Of Apartments
Area
1700 sqft

Description

This property presents an appealing opportunity for investors with a keen eye on refurbishment potential. Set within a garden-fronted terrace, the building spans approximately 1,700 sq ft and currently comprises four self-contained flats, all of which are occupied by long-term tenants generating a combined annual rental income of £18,568.68. With full planning consent for residential use as four individual units, there is significant scope to enhance both living standards and rental income through targeted renovations. Current conditions suggest that while Flat 4 has been improved to a good standard, the remaining flats could greatly benefit from modernisation efforts including electrical upgrades and general refurbishments. Investors might find the combination of immediate cash flow and future value enhancement particularly attractive in this market, especially with the potential to achieve increased rents aligned with current averages. Conveniently located near local amenities and public transport routes, this property stands out as an excellent multi-unit investment opportunity that combines existing returns with future growth prospects.

Investment analysis

(FY2 area)

Below Market Value

This property is priced -64.0% below area average per sq ft

-64.0%
Potential saving
This Property
£59/sq ft
Area Average
£163/sq ft
Avg Rent (weekly)
£157
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£305,278
10% above area average per sq ft
Potential ROI
+90.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (FY2)

Area prices are rising by +2.8% over the last 12 months
3 year growth: +2.5%
5 year growth: +14.5%
Investment Disclaimer: Analysis based on FY2 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

Warbreck Drive, Blackpool
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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
£378
Based on a loan of £75,000 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.

Stamp duty calculator

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