3-bedroom terraced house · FY1 5HY
For saleListed 973 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**great investment opportunity, block of two flats with no onward chain** Mid Terraced Property arranged as 2 Flats (1 x 1 Bed & 1 x 2 Bed).
Comprising Ground Floor; Communal Entrance, Lounge, Kitchen, Bedroom, Study and a 3 Piece Bathroom, To the First Floor there is an open plan Lounge Kitchen, 2 Bedrooms & a Bathroom.
Gardens to Front & Rear/Off Road Parking, Sold with No Onward Chain Involved, Potential Income of around £12,600pa (approx 10% ROI) Communal Vestibule Double glazed entrance door, entrance for both flats Communal Hallway Ground Floor Flat Lounge (4.70m x 3.73m) Double glazed walk in bay window to front, electric heater Kitchen (3.25m x 3.02m) Fitted base and wall units, electric oven, electric hob with extractor hood over, stainless steel sink with mixer taps and tiled splashbacks, plumbing for washing machine, double glazed window to side, double glazed door to side Bedroom (1.90m x 1.73m) Double glazed window to rear, electric heater Bathroom (1.90m x 1.73m) Fitted with a 3 piece suite comprising low level wc, panelled bath with shower over, pedestal wash hand basin, tiled walls, double glazed window to side Office/Store Electric heater First Floor Flat Open Plan Lounge/Kitchen (6.20m x 5.05m) Double glazed window to front, chimney breast, electric heater, Fitted base and wall units, electric oven, electric hob with extractor hood over, stainless steel sink with mixer taps and tiled splashbacks, plumbing for washing machine, double glazed velux window to rear Bedroom 1 (3.20m x 2.84m) Double glazed window to side, electric heater Bedroom 2 (3.18m x 2.13m) Double glazed window to side, electric heater Bathroom (2.84m x 2.03m) Fitted with a 3 piece suite comprising low level wc, panelled bath with shower over, pedestal wash hand basin, tiled walls, double glazed window to side Outisde Rear Yard/Parking Area
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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 228, Central Drive, Blackpool
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