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Three-bedroom terrace property
Blackpool, FY1 - Get Access
3 bed
1 bath
Description
An excellent refurbishment opportunity, this three-bedroom terrace property is located within a prime location in Blackpool. The accommodation comprises an entrance hallway, living room, kitchen, three spacious bedrooms, and a bathroom, alongside ample storage throughout. Externally, the property benefits from a yard to the rear. Providing great yield potential, the property could potentially lend itself as an Airbnb or serviced accommodation opportunity, subject to gaining the necessary permissions, with comparable properties in the area achieving upwards of £130 per night and potential annual revenues estimated at £30,000 to £35,000 based on 70% occupancy. The local area has demonstrated strong demand with recent sales such as number 4 Fir Grove previously selling for £125,000 and number 14 Fir Grove previously selling for £132,500. Situated just 8 minutes from Blackpool train station and 7 minutes from Blackpool Pleasure Beach, the property is sure to appeal to shrewd investors looking for a fantastic rental opportunity or homeowners looking for a spacious home to put their own stamp on. Blackpool is a well-known seaside town on England's northwest coast, famous for its tourism industry, iconic attractions such as Blackpool Tower and Blackpool Pleasure Beach, and long sandy beaches. People choose to live there for affordable housing, good transport links, a growing regeneration programme, and a strong sense of community. Investors are attracted by low property prices, solid rental demand from residents and seasonal workers, ongoing public and private investment, and opportunities in both residential and holiday accommodation markets.
Comparable sales
No comparables available.
Estimated market value
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Range:
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High confidence
Floor Area: 710 sq ft (EPC)
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