3-bedroom flat · FY4 3AF
For saleListed 69 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Presenting an exceptional investment opportunity, this substantial mid-terraced block of apartments is situated in a desirable residential location and offers three self-contained flats, each providing comfortable and well-appointed living spaces.
The ground floor is divided into two spacious flats, both comprising a welcoming lounge, a modern kitchen equipped with integrated appliances, a generous double bedroom, and a contemporary bathroom, ensuring an appealing layout for tenants.
The first floor houses a larger flat, featuring a bright lounge, a separate kitchen with integrated appliances, three bedrooms (including two double bedrooms for added flexibility), a separate WC, and a modern bathroom, making it suitable for families or professional sharers.
In addition, an annexe is located in the rear garden (not included in the outdoor description), providing a further kitchen and bathroom, which may offer additional utility or storage options.
The property benefits from double glazing throughout and efficient gas central heating, ensuring year-round comfort and energy efficiency for all residents.
All three flats are currently let, with Flat 1 achieving £600 per calendar month, Flat 2 achieving £595 per calendar month, and Flat 3 achieving £700 per calendar month, making this an ideal turnkey investment for landlords seeking immediate rental income.
The property is being sold with tenants in situ, offering a seamless transition for the new owner and ongoing income from day one.
The flats are currently managed by Stephen Tew Estate Agents on behalf of the vendor, providing professional oversight and peace of mind for investors.
With its strong rental yields, well-maintained interiors, and sought-after location close to local amenities, transport links, and schools, this block of apartments represents a rare and lucrative addition to any property portfolio.
The combination of modern fixtures, integrated kitchen appliances, and practical layouts in each flat ensures continued tenant appeal and minimal void periods.
Whether you are an experienced investor or looking to begin or expand your portfolio, this property offers both security and potential for future growth.
Early viewing is highly recommended to fully appreciate the quality and investment potential of this unique opportunity.
For further information or to arrange a viewing, please contact Stephen Tew Estate Agents.
Flat 1 Lounge 4.33m x 5.19m Flat 1 Bedroom 1 3.61m x 2.96m Flat 1 Kitchen 2.18m x 4.81m Flat 1 Hallway 0.96m x 3.65m Flat 1 Bathroom 1.2m x 3.41m Flat 2 Lounge 3.61m x 3.9m Flat 2 Bedroom 2.63m x 3.92m Flat 2 Hallway 0.79m x 3.87m Flat 2 Kitchen 1.97m x 2.82m Flat 2 Bathroom 1.96m x 2.14m Flat 3 Downstairs Hallway 1.04m x 1.14m Flat 3 Landing 2.01m x 3.12m Flat 3 Kitchen 3.25m x 3.6m Flat 3 Lounge 3.5m x 3.89m Flat 3 Bedroom 1 3.24m x 4.27m Flat 3 Bedroom 2 3.89m x 2.63m Flat 3 Bedroom 3 2.06m x 3.3m Flat 3 WC 0.94m x 1.31m Flat 3 Bathroom 1.38m x 1.83m Annex Building- Kitchen 2.6m x 4.69m Annex Building- Bathroom 1.55m x 0.94m Parking - On street
Value & comps
No previous sales on record.
Returns
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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 Waterloo Road, Blackpool, FY4
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