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Grasmere Road, Blackpool, Lancashire, FY1

North West

£110,000

Listed on 11/07/2026

Property details

Bedrooms
3
Type
Terraced
Area
1071 sqft

Description

This three-bedroom mid-terrace property presents a significant opportunity for renovation and investment. Located in a well-established residential area, just a short distance from Bloomfield Road, it offers ample space and convenience for families or investors looking to enhance its value over time. The property is positioned within a community with excellent transport links and close proximity to schools, shops, and essential amenities. The accommodation boasts generous proportions, featuring three spacious bedrooms on the first floor that can comfortably accommodate furniture and storage needs. On the ground floor, there’s a utility area along with a separate W.C., enhancing practicality for daily living. Externally, the low-maintenance rear yard offers fantastic potential for improvement or outdoor enhancements. With solid rental demand in the vicinity, this property is ideal for those looking to invest or make it their own through modernisation.

Investment analysis

(FY1 area)

Below Market Value

This property is priced -3.2% below area average per sq ft

-3.2%
Potential saving
This Property
£103/sq ft
Area Average
£106/sq ft
Avg Rent (weekly)
£144
Avg Yield
6.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£125,055
10% above area average per sq ft
Potential ROI
-16.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (FY1)

Area prices are stable by +0.9% over the last 12 months
3 year growth: -2.6%
5 year growth: +12.2%
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, Lancashire, FY1
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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
£416
Based on a loan of £82,500 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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