2-bedroom semi-detached house · FY1 4EX
Sold STCListed 110 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FREEHOLD INVESTMENT OPPORTUNITY | TWO SELF-CONTAINED FLATS | CIRCA 10% GROSS YIELD An outstanding investment opportunity in the heart of Blackpool, offering a freehold building comprising two spacious 1-bedroom flats across ground and first floor fully let and producing strong, immediate income.
The ground floor flat generates £118.75 per week, while the first floor flat achieves £650 pcm, bringing total annual rental income to £13,975 reflecting a gross yield of approximately 10% on the asking price of £140,000.
Ideally positioned close to local amenities, supermarkets, and transport links, with Blackpool North Station just a short walk away.
The area is also set to benefit from significant regeneration, including the new university development nearby, expected to drive continued rental demand and support long-term capital growth.
This is a turn-key opportunity for investors seeking a low-maintenance, income-producing freehold asset with genuine upside potential in a regenerating location.
EPC Ratings: Flat 1 – C | Flat 2 – D (valid until 31 May 2028)
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
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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 Raikes Parade, Blackpool
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