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 work2-bedroom flat · FY5 1TE
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
****GREAT OPPORTUNITY TO PURCHASE A TWO BEDROOMED PURPOSE BUILT PENTHOUSE WITH FANTASTIC PANORAMIC VIEWS OF THE PROMENADE AT LITTLE BISPHAM AND OVER THE IRISH SEA - WITHIN EASY REACH OF BUS AND TRAM LINKS INTO BLACKPOOL AND UP TO FLEETWOOD - CLOSE TO LOCAL SHOPS, AMENITIES, NORBRECK TENNIS & BOWLING CLUB AND BLACKPOOL RUGBY CLUB - TWO DOUBLE BEDROOMS - BRIGHT AND SPACIOUS DINING LOUNGE - DINING KITCHEN - THREE PIECE SHOWER ROOM - COMMUNAL GARDENS - PRIVATE CAR PARK - GARAGE - EPC rating: F**** Entrance - Solid timber door leads into; Entrance Hallway - Secure entrance doors to the front and rear, doors to the ground floor apartments, staircase leading to the upper floors.
Entrance To Apartment 5 - Entrance gained via solid timber door leading into; Second Floor Landing - Doors leading into flats 5 and 6.
Entrance Vestibule - Entry phone, dado rail, doors to the following rooms; Dining Kitchen - 3.76m x 2.64m (12'4 x 8'8) - Large UPVC double glazed window to the rear, range of wall and base units, sink and drainer, 'Whirlpool' induction hob with overhead illuminated extractor hood, integrated 'Hisense' electric oven, plumbed for washing machine, space for encounter fridge and fridge, space for dining table and chairs, wall mounted 'Fischer' future heat dynamic electric storage heater, tiled walls, laminate flooring.
Dining Lounge - Large walk in bay window to the front providing excellent views of the promenade and sea, two wall mounted 'Fischer' future heat dynamic electric storage heater, fireplace with marble backdrop and hearth housing living flame effect electric fire, television and telephone points, space for dining table and chairs, dado rail, coving.
Inner Hallway - Doors lead off into the following rooms; Bedroom One - 3.66m to the wardrobes x 3.02m (12' to the wardrob - Large UPVC double glazed windows to the front with sliding window across for further sound proofing, fitted wardrobes and cupboards, inbuilt wardrobe, coving.
Bedroom Two - 3.68m x 2.74m (12'1 x 9') - Large UPVC double glazed window to the rear, wall mounted 'Fischer' future heat dynamic electric storage heater, fitted wardrobes.
Shower Room - 2.31m x 1.68m (7'7 x 5'6) - UPVC double glazed opaque window to the rear, three piece suite comprising of; large walk in mains powered shower, vanity wash hand basin and WC, wall mounted 'Fischer' electric heater, wall mounted towel heater, part panelled walls, tiled flooring.
Outside - Beautifully landscaped lawn with well stocked, established and planted borders. To the rear is a private car park and row of garages accessed off Wilvere Drive.
Garage - 4.93m x 2.49m (16'2 x 8'2) - Accessed via up and over door.
Other Details - Tenure: Leasehold - 999 years from 1st July 1973 Maintenance Charges: £100.00 per month and this includes: Buildings insurance, ground rent, communal gardens, window cleaning and maintenance of the communal areas.
Council Tax Band: C Energy Rating: F
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
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FAQ
About Queens Promenade, Thornton-Cleveleys
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