The Elms, Blackpool, FY3 9FZ

2-bedroom flat · FY3 9FZ

1 bath

Asking

£105,000

Under offerListed 193 days

Investor metrics

HMO Article 4 Direction AreaArticle 4 Direction - C3 to C4 HMO, Blackpool Borough Council Article 4 Direction for C3 to C4 · C3 → C4 HMO conversion requires planning permission here

Opportunity summary

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About

The property

. FIRST FLOOR APARTMENT . 2 DOUBLE BEDROOMS . UPVC DOUBLE GLAZING & ELECTRIC HEATING . COMMUNAL GARDENS .

PARKING DESCRIPTION Forming part of a modern low rise development in a sought after position on Whitegate Drive, just a short walk from Stanley Park and Blackpool Victoria Hospital, this first floor apartment is available for immediate occupation.

Warmed by electric smart heaters and complemented by UPVC double glazing, features include communal entrance hall, excellent lounge, modern fitted kitchen, two double bedrooms and a modern bathroom and W.C.

Outside are well kept communal gardens and parking areas. A yearly service charge of £2,000 covers the upkeep of all communal areas, gardens, property insurance and window cleaning.

We understand the communal areas are due to be decorated in the near future.

LOCATION Proceeding out of Blackpool along Whitegate Drive and go straight ahead at the traffic light junction with Knowsley Avenue. The Elms is a short distance along on the left.

The accommodation comprises:- ON THE GROUND FLOOR COMMUNAL ENTRANCE HALL Security intercom. ENTRANCE HALL Cylinder cupboard, storage heater, laminate floor. LOUNGE 13’10 X 13’10.

UPVC double glazed window, electric radiator. KITCHEN 14’5 X 9’8. (PLUS DEEP RECESS).

Fitted with a luxury range of grey gloss base units and worktops with bevelled edges incorporating a 1.5 bowl single drainer black resin sink unit with mixer tap over, electric cooker point, new freestanding cooker, matching eye level cupboards, laminate floor, plumbing for washing machine, UPVC double glazed window, electric wall heater.

BEDROOM NO 1 11’5 X 11’10. UPVC double glazed window, electric smart heater. EN SUITE Large shower cubicle, vanity sink unit, W.C – low suite, heated towel rail, laminate splash backs, laminate floor.

BEDROOM NO 2 12’9 X 10’0. UPVC double glazed widow, electric smart heater.

BATHROOM & W.C Fitted with a white suite comprising panelled bath with shower over, vanity sink unit, W.C – low suite, heated ladder rail, laminate floor.

OUTSIDE COMMUNAL GARDENS PARKING SERVICE CHARGE Approx £2,000 per annum. TENURE Leasehold. – residue of 999 year lease. SERVICES Mains electric and drainage connected.

VIEWINGS Only by prior appointment through Duncan Raistrick Estate Agents. Tel:- – open 7 days a week. EPC RATING:- C COUNCIL TAX BAND:- C

Key information

Council Tax Band

Band C

Estimated ~£1600/year

Tenure

Leasehold

See leasehold details below

Local Authority

Blackpool (B)

Unitary Authority

Lease Remaining

999 years

Value & comps

What is it worth?

No previous sales on record.

Comparable salesNo comps yet

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Deal score · weighted

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Factor breakdown

BMV discountNot calculated, and not zero — there is no value estimate for this property to discount against.

0/25

Yield potential—

0/25

Motivation signalsNot enough data

0/25

Days on market193 days · price-fatigue

25/25

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Seller motivation

Not scored yet

Days on market193

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EPC rating—

Listing timeline

Still activeDay 193 on marketToday

Strategy fit

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HMO Conversion Potential

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.

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PD Conversion Potential

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.

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BRRR Candidate

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.

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Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.