Modern Method of Auction
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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 6AX
For saleReduced £5k (−7.1%) on 24 OctListed 23 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**no chain** investment opportunity | no chain | excellent location just moments away from blackpool's promenade! An exceptional investment opportunity in a prime Blackpool location.
This large five bedroom property offers substantial scope for development, renovation, or conversion into multiple income generating units.
Situated within walking distance of Blackpool’s iconic promenade, Pleasure Beach, Central Pier, and other major attractions, the property benefits from a highly desirable position in a vibrant seaside town.
Property Highlights: • Five Spacious bedrooms, including a front lounge with bay window and an additional bedroom also featuring a bay window • Extended to the rear, providing flexible living or development space • Front garden offering outdoor space for landscaping or seating Large rear yard suitable for further development or outdoor use • Separate garage providing parking and storage options • Brand new, recently installed windows throughout the property, enhancing energy efficiency and aesthetic appeal • Requires refurbishment, offering a blank canvas for investors or developers Location: Located on Woodfield Road, this property is ideally positioned for tourism and rental income.
Its proximity to Blackpool’s bustling entertainment venues, seafront, and transport links makes it an attractive option for holidaymakers, short term rentals, or residential conversions.
The area is well connected and sought after, providing strong potential for capital appreciation and rental yields.
Development Potential: This property’s size and layout make it highly suitable for conversion into multiple self-contained flats or studio apartments - ideal for the rental market or holiday accommodation.
Its substantial footprint, combined with the potential to refurbish or extend, presents a lucrative opportunity to maximize return on investment.
The property is also suitable for creating a boutique bed & breakfast, capitalizing on its proximity to major tourist attractions.
An outstanding project for investors looking to capitalize on Blackpool’s thriving tourism and rental sectors.
With its excellent location, generous size, versatile layout, and brand-new windows, this property offers significant potential for renovation, conversion, or redevelopment to suit a variety of investment strategies.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00.
These services are optional.
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
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FAQ
About 21, Woodfield Road, Lancashire
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