3-bedroom flat · FY1 3NP
Listing removedListed 220 daysAuction 31 Mar · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Investment Opportunity - Mid-Terraced Property Arranged as Two Flats (Vacant Possession / No Chain) An excellent opportunity to acquire a mid-terraced property in Blackpool arranged as two self-contained flats, offering strong rental potential and an attractive projected yield.
There is a yard to the rear of the property with a brick built outhouse which is accessible through the ground floor flat and includes a brick built outhouse.
The property is sold with vacant possession and no onward chain, allowing investors to proceed quickly and begin refurbishment or letting immediately.
The property comprises a spacious one-bedroom ground floor flat and a generous two-bedroom first floor flat, both providing well-proportioned living accommodation.
The kitchens and bathrooms are functional and suitable for rental purposes, allowing an investor to bring the property to a lettable standard with only minimal improvement works.
Both flats benefit from valid Electrical Installation Condition Reports (EICRs) and Gas Safety Certificates (GSCs), providing reassurance for prospective landlords.
While the building would benefit from recarpeting, redecoration and a thorough clean, the works required are relatively minor, presenting an excellent value-add opportunity without the need for major refurbishment.
Based on the starting bid, the property is expected to deliver a gross yield of approximately 15.75%, making it a compelling proposition for buy-to-let investors.
Estimated Rental Income Ground Floor 1-Bed Flat: circa £500 PCM First Floor 2-Bed Flat: circa £550 PCM Total Potential Income: circa £1,050 PCM (£12,600 per annum) The property is also well positioned to benefit from the ongoing multi-million-pound regeneration of Blackpool, which continues to attract significant investment into the area.
This makes the property particularly appealing for investors seeking both strong rental returns and potential future capital appreciation.
GROUND FLOOR COMMUNAL ENTRANCE 4' 0" x 3' 1" (1.22m x 0.94m) FLAT 1 LIVING ROOM 15' 0" x 11' 4" (4.57m x 3.45m) KITCHEN/DINER 13' 11" x 11' 6" (4.24m x 3.51m) BEDROOM 9' 5" x 9' 1" (2.87m x 2.77m) BATHROOM 5' 1" x 6' 1" (1.55m x 1.85m) FIRST FLOOR FLAT 2 KITCHEN/LIVING AREA 12' 4" x 15' 0" (3.76m x 4.57m) BEDROOM ONE 13' 11" x 9' 7" (4.24m x 2.92m) BEDROOM TWO 7' 5" x 9' 2" (2.26m x 2.79m) BATHROOM 6' 11" x 6' 1" (2.11m x 1.85m) YARD TO REAR COVERAGE BROADBAND We are advised that the property can obtain Fibre to the Property (FTTP) MOBILE DATA We are advised that you are likely to have mobile coverage We would suggest that you also make your own enquiries as to Mobile Data coverage AUCTION INFORMATION This property is for sale by online auction under WebbMove Auctions ('The Auctioneer').
Lots sold by the Auctioneer will typically be sold under unconditional auction terms. The auction end date for this property is scheduled for 31st March 2026.
Please note some circumstances can cause this date to change, and it may close before the scheduled end date.
Upon acceptance of their bid, the winning bidder will be required to pay both a deposit and a buyer's premium within 24 hours.
Typically, this will be 10% of the sale price and 4% plus VAT of the sale price (subject to a minimum of £4,000 plus VAT) respectively.
The deposit will form part of the sale price on completion of the sale, the buyer's premium will be retained by The Auctioneer as a fee for their services.
Most properties can be viewed prior to the auction date either in person or through our virtual 360 tours and can be arranged via Tiger Sales and Lettings.
Prospective buyers will be required to register with The Auctioneer, upon doing this they will be able to download legal information and place bids.
Visit the Auctioneer's website to register, in-line with anti-money laundering regulations, a prospective buyer's identity will have to be verified before a bid(s) can be placed.
For specifics relating to the auction/sale, a buyer should download and review the Legal Pack via The Auctioneer's website, paying special attention to the Special Conditions, the auctioneers' terms and conditions, and the RICS Common Auction Conditions.
We recommend seeking the advice of a competent legal advisor before placing a bid. Looking to SELL by AUCTION rather than BUY? Get in touch for your free valuation!
You never know, your property may be worth more than you think. WebbMove Auctions is a trading name of Tiger Sales and Lettings Ltd.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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
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 Granville Road, Blackpool
Explore nearby