Studio flat · FY2 9RX
For saleListed 160 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two adjoining mid-terraced properties that have been combined and converted into 6 self-contained apartments.
Located in a popular letting area of North Shore close to Queens Promenade in Bispham and the local shopping parade.
The apartments provide 4 very large and spacious 2-bedroom units and 2 x 1-bedroom apartments. Parking for 6 cars and lawned garden area to rear.
Individual gas central heating boilers and prepaid electric meters to all flats. Above average flats with viewing recommended. Gross rental income of £42,600 per annum.
GROUND FLOOR Flat 1: Individual front door to vestibule; lounge; kitchen; double en-suite bedroom with shower and WC.
Flat 2: Lounge and dinner; double bedroom with en-suite shower and WC; kitchen dinner; double bedroom with en-suite shower and WC.
Flat 3: Lounge, diner, kitchen with staircase to lower ground floor double en-suite bedroom with over bath shower and WC; double bedroom with double glazed French doors to rear garden; utility room; under floor storage.
FIRST FLOOR Flat 4: Lounge and diner; double bedroom; kitchen; double bedroom; bathroom with bath, step in shower and WC.
Flat 5: Lounge diner; double bedroom; kitchen; bathroom with bath, step in shower and WC; double bedroom. SECOND FLOOR Attic: Flat 6: Lounge/kitchen; bedroom with en-suite shower and WC.
EXTERIOR Forecourt garden and blocked paved area with parking space, rear lawned garden and shrubs, timber store shed and parking for 4/5 cars.
BUSINESS Flat 1: £475 per calendar month – LET Flat 2: £625 per calendar month – LET Flat 3: £675 per calendar month - LET Flat 4: £650 per calendar month – LET Flat 5: £675 per calendar month – LET Flat 6: £450 per calendar month - LET Potential Total: £42,600 per annum.
SERVICES All mains' services are connected, each flat has gas central heating with its own boiler (all electric to Flat 6), individual prepaid electric meters. Water supply paid by tenants.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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

FAQ
About 22-24 Knowle Avenue, Blackpool, FY2 9RX
Explore nearby