House · FY1 5AW
SoldListed 289 daysAuction 29 Jan · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two adjoining, three storey properties of traditional construction. These properties comprises x2 retail units on the ground floor with x10 self-contained two-bedroom flats above.
The shop at No.23A has been sold off on a long lease - refer to the legal pack. No.25A is included in the freehold and is now vacant.
Eight of the ten flats are currently occupied on various AST's and are currently producing £45,240 pa. The property is reversionary so offers an exciting opportunity to an invetor to asset manage.
Location : Located on the west side of Blackpool, Chapel Street links the town centre with Blackpool Promenade, the property being directly situated between Singleton Street and Coop Street .
Preston is approximately 15 miles east connected by the M55. Blackpool North station is less than 2 miles away. Shopping amenities are a very short walk to the Town Centre.
Recreation facilities can be found at Stanley Park Online Auction on Thursday, 29 January 2026. For further information, such as legal documents and property information, please visit bidx1.com.
Value & comps
No previous sales on record.
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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 starting price
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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
FAQ
About 23-25 Chapel Street, Lancashire, FY1 5AW
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