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Westmorland Avenue, Blackpool, FY1

North West

£83,000

Listed on 08/08/2026

The listing

Property details

Bedrooms
3
Type
Terraced
Area
1194 sqft

Features

  • Parking
  • Tenanted

Description

This three-bedroom mid-terraced house presents a substantial opportunity for buy-to-let investors, currently tenanted since 2014. With a rental yield of 8% per annum based on a gross monthly rent of £560, this property is positioned for strong financial returns. The house requires modernisation throughout, including attention to the flat roof of the utility/storage room, allowing you to enhance its value through refurbishment. Its current Energy Performance Certificate rating is E, with potential improvements to achieve a B rating, which could further increase investment appeal. Freehold and located in the vibrant heart of Blackpool town centre, this property offers convenient access to local amenities such as shops and restaurants, all within walking distance to popular attractions like the pier and iconic tower. Externally, there is unallocated on-street parking available on a first-come-first-served basis. The arrangement features three spacious double bedrooms and two reception rooms across two floors, alongside utility space that adds practicality. This property not only provides an excellent opportunity for immediate income but also significant potential for capital growth through thoughtful renovations.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

69out of 100
Grade CPotential opportunity

Confidence: MEDIUM

At £83,000, this three-bedroom terrace is priced well below the local average per square foot, making the acquisition price a clear strength. It also comes with tenants in situ and stated rent of £560 a month, offering an immediate rental starting point for an investor.

The interior is dated across several areas, so there is scope for a medium-scale refresh, with the rear yard also ready for improvement. The deteriorated utility roof needs attention, and the overall numbers are more measured than the headline price suggests: the engine’s purchase-plus-works comparison sits close to the current local average value, before fees and other costs.

Key opportunities

  • Acquire at £70 per square foot, substantially below the £106 local average.
  • Refresh the dated finishes across the living areas and bedrooms, with scope to reassess the older kitchen and bathroom as work progresses.
  • Clear and improve the enclosed rear yard while addressing the utility roof.

Key risks

  • The deteriorated flat roof over the utility/storage area requires attention.
  • Clutter obscures parts of the interiors and limits assessment of concealed surfaces and fittings.
  • The economics are moderate: the engine’s purchase-plus-works comparison is close to current local average value, before fees and other costs.

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Map

Location

Westmorland Avenue, Blackpool, FY1
Loading map...

Transport

Nearest stations

  • Manchester Square (Blackpool Tramway)

    0.5 miles

    Tram · Bloomfield

  • Central Pier (Blackpool Tramway)

    0.6 miles

    Tram · Bloomfield

  • Tower (Blackpool Tramway)

    0.7 miles

    Tram · Blackpool Town Centre

  • St Chad's (Blackpool Tramway)

    0.7 miles

    Tram · Bloomfield

Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.

Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 5.13%

Current average variable rate is 6.58%

Monthly Repayments
£339
Based on a loan of £62,250 over 30 years at 5.13% 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.

Tax

Stamp duty calculator

Indicative tax based on the asking price and the options you select.

Pricing

Price history

-2.4% since listed
£83,000£2,000(-2.4%)
18/09/2026
Current price
£85,000Initial listing
07/08/2026

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