Studio flat · FY1 5PN
For saleListed 94 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Corner end terraced two storey property arranged into two self contained one bedroom flats. Central heating with individual boilers and meters. Covered car port and two parking spaces.
Total income £840 pcm - £10,080 per annum. LOCATION On the south east corner of Grasmere Road and Levens Grove in central Blackpool. GROUND FLOOR Vestibule entrance with access to both flats.
Flat 1 - Inner hall; bedroom; lounge; kitchen; bathroom. FIRST FLOOR Flat 2 - Lounge; bedroom; kitchen; bathroom. EXTERIOR Walled garden plus side car port with 2 parking spaces.
BUSINESS Rental schedule; Flat 1 - £450 pcm Flat 2 - £390 pcm Total rental income £840 pcm, £10,080 per annum. SERVICES All mains. Individual boilers and meters to both flats. TENURE Freehold
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 advisers 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 96 Grasmere Road, Blackpool, FY1 5PN
Explore nearby
