Modern Method of Auction
Auction date not yet published
3-bedroom flat · FY1 2PJ
For saleListed 99 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
ATTENTION INVESTORS & DEVELOPERS - SALE BY AUCTION Offering outstanding development potential, this spacious first and second floor maisonette presents an excellent opportunity to add significant value.
Requiring modernisation throughout, the property provides generous accommodation including THREE bedrooms, TWO bathrooms (one on each floor), a comfortable lounge, and a 16ft+ dining kitchen.
A particularly unusual feature is the two separate private entrances, providing flexibility and character.
The rear staircase leads directly to an allocated West-facing garden, enjoying a sunny aspect and creating an attractive outdoor space.
PLEASE NOTE: 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 4.50% 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 £960.00.
These services are optional. Ground Floor Communal Entrance.
Communal Vestibule/Hall Private door and staircase to:- First Floor Landing Split level landing, Staircase to second floor.
Bedroom 1 2.77m x 3.78m UPVC double glazed window, Radiator. Bedroom 2 2.13m x 2.57m UPVC double glazed window, Radiator.
Lounge 3.25m x 4.04m Fire surround, coved ceiling, UPVC double glazed window, Radiator.
Bathroom Comprising: Panelled bath with shower attachment and screen, Pedestal wash basin, Low flush WC, Tiled walls, UPVC double glazed window, Radiator.
Dining Kitchen 1.88m x 4.9m Plumbed for washing machine, Built in storage cupboard, UPVC double glazed window, Radiator. Rear Landing Staircase down to rear garden.
Second Floor Landing Double glazed skylight window. Bedroom 3 2.87m x 4.01m Built in wardrobe and display cupboards, UPVC double glazed window, Radiator.
Outside Front Access only. Rear Sunnier WEST facing aspect. Allocated but spilt communal use. Heating Gas central heating (NOT TESTED).
Tenure We have been informed that the property is leasehold; remainder of 99 year lease. Prospective purchasers should seek clarification of this from their Solicitors.
Council Tax Band - A £1675.48 (2026/27)
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
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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 advisors 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
FAQ
About Sherbourne Road, Blackpool
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