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29-31 Cookson Street, Blackpool, Lancashire, FY1 3EA - Image 1
29-31 Cookson Street, Blackpool, Lancashire, FY1 3EA - Image 2
29-31 Cookson Street, Blackpool, Lancashire, FY1 3EA - Image 3

29-31 Cookson Street, Blackpool, Lancashire, FY1 3EA

North West

£18,000Guide Price

Listed on 01/10/2026

The listing

Property details

Bedrooms
2
Type
Flat

Description

This two-bedroom flat, arranged over the first and second floors, presents a promising opportunity for renovation and investment. Offered at auction, the property is located in a central area of Blackpool, providing convenient access to local amenities, including shops, cafés, and the famous seafront attractions. With a practical layout, the accommodation includes an entrance hallway, kitchen, reception room, and shower room on the first floor, with two bedrooms on the second floor, one featuring an en-suite bathroom. The flat requires refurbishment throughout, making it an ideal project for those looking to invest in a long leasehold property with potential rental yields based on current market rates. The estimated rental income of £550 per month suggests a strong return on investment. This property is suitable for owner-occupation or private rental, subject to necessary consents.

WHOTS analysis

Our WHOTS verdict

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

44out of 100
Grade ELow opportunity

Confidence: LOW

This two-bedroom flat in central Blackpool presents a substantial renovation project for the right buyer. With visible signs of neglect throughout, including poor condition in the living areas and dated bedrooms, this property offers a blank canvas for a full refurbishment. The kitchen and shower room specifically require significant updating, allowing for creative reimagining of the space.

The guide price of £18,000 is appealing, especially given the potential for a rental yield based on market rates. However, the absence of usable floor area means we cannot judge the value against local £/sqf averages at this stage. This is a heavy project, with the need for extensive work, but the location and layout could yield an attractive residential or investment opportunity once transformed.

Key opportunities

  • The flat's two-bedroom layout over two floors provides flexibility for both owner occupation and rental purposes.
  • The central location offers proximity to amenities and attractions, enhancing its potential market appeal.
  • With a full refurbishment, there is a chance to create a modern and attractive living space tailored to current rental demands.

Key risks

  • Stripped interiors and a £60,000–£100,000 works budget make this a full-gut programme, not a refresh.
  • Visible signs of neglect and damage throughout the property, including the exterior and living areas, may indicate deeper issues requiring attention.

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Map

Location

29-31 Cookson Street, Blackpool, Lancashire, FY1 3EA
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Finance

Mortgage calculator

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

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£68
Based on a loan of £13,500 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.

Tax

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

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