We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work5-bedroom terraced house · FY1 4PE
Sold STCListed 224 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
. LARGE TERRACED HOUSE . CONVERTED INTO 5 FLATS . 3 X 1 BEDS . 2 X STUDIOS . UPVC DOUBLE GLAZING & GAS CENTRAL HEATING .
OFF STREET PARKING FOR 2 CARS .BLACKPOOL SELECTIVE LICENSE IN PLACE FOR 5 YEARS . BLACKPOOL STANDARD DISCOUNT .
CURRENTLY TENANTED PRODUCING AN INCOME OF APPROX £30,000 A YEAR DESCRIPTION Located just a short walk from Blackpool town centre with all its facilities, this large garden terrace has been split into five self contained flats, all of which are tenanted and producing an income of approximately £30,000 per annum.
With gas central heating and UPVC double glazing property is split into 3 x 1 bed flats and 2 studios.
Outside to the rear is a courtyard and the property benefits from two car park spaces to the front.
The property currently has in placed the Blackpool selective license in scheme for five years and qualifies for the Blackpool standard discount.
LOCATION From our office walk along South King Street and into Regent Road. Charnley Road is turning on the right.
The accommodation comprises:- ON THE GROUND FLOOR FLAT NO 1 LOUNGE / KITCHEN 12'9 X 10'2.
Radiator, 2 UPVC double glazed windows, electric panel radiator, white wall and base units, single bowl single drainer stainless steel sink unit with mixer tap over. BEDROOM 10'7 X 6'4.
UPVC double glazed window, radiator, door to rear, Worcester boiler. SHOWER ROOM & W.C Shower cubicle, pedestal wash hand basin, W.C - low suite. FLAT NO 2 LOUNGE / KITCHEN 15'9 X 13'2.
UPVC double glazed window, radiator, white wall and base units, single bowl single drainer stainless steel sink unit, part tiled walls. BEDROOM 11'10 X 6'0. UPVC double glazed window, radiator.
EN SUITE Shower cubicle, pedestal wash hand basin, W.C - low suite. ON THE FIRST FLOOR LANDING FLAT NO 3 (STUDIO). 14'6 X 10'2.
Wall and base units, single bowl single drainer stainless steel sink unit, radiator, two UPVC double glazed windows.
SHOWER ROOM & W.C W.C - low suite, pedestal wash hand basin, shower cubicle, UPVC double glazed window. FLAT NO 5 LOUNGE 9'10 X 6'10. UPVC double glazed window, radiator. KITCHEN 6'0 X 5'0.
Wall and base units single bowl single drainer sink unit, electric cooker point. BEDROOM 9'10 X 6'8. UPVC double glazed window, radiator, storage heater, fitted wardrobes.
SHOWER ROOM & W.C Shower cubicle, pedestal wash hand basin, W.C - low suite. FLAT NO 4 (STUDIO). 11'7 X 10'10.
Wall and base cupboards, single bowl single drainer stainless steel sink unit, electric cooker point, radiator, storage heater, UPVC double glazed window.
SHOWER ROOM Shower cubicle, W.C - low suite, pedestal wash and basin. OUTSIDE COURTYARD TO REAR OFF STREET PARKING FOR TWO CARS TENURE Freehold. SERVICES All amias services - gas central heating.
VIEWINGS Only by prior appointment through Duncan Raistrick Estate Agents. Tel:- - open 7 days a week. COUNCIL TAX BAND A EPC RATING:- C
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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
FAQ
About Charnley Road, Blackpool, Lancashire, FY1
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