1-bedroom flat · FY1 2LB
Listing removedReduced £50 (−7.6%) on 16 JulListed 157 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modernised one-bedroom first floor flat in a popular location, featuring a bright open-plan kitchen/living area with modern fittings, double bedroom, and contemporary shower room. Communal garden.
Council Tax Band A. Deposit £655. Viewing essential.
Introduction Modernised One Bedroom First Floor Flat – Popular Location – Viewing Essential A well-presented and modernised one-bedroom first floor flat situated in a popular residential location, offering well-proportioned accommodation ideal for a The property briefly comprises a communal entrance hall leading to a private entrance hallway with laminate flooring and radiator.
The bright and spacious open-plan kitchen/living area features modern fitted wall and base units, integrated oven and hob with extractor hood, space for a washing machine, and a comfortable lounge area.
The bedroom is a good-sized double room with fitted carpeting, while the modern shower room comprises a shower cubicle with electric shower, WC, and pedestal wash hand basin, finished with contemporary wall and floor tiling.
Externally, residents benefit from a communal garden shared with the other flats.
Further benefits include central heating (included within the rent during limited winter periods), Council Tax Band A, and an EPC rating available on request. Deposit: £655 Viewing highly recommended.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About Flat 5, 386, The Promenade, Blackpool
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