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See how verdicts workStudio flat · FY1 5AJ
Listing removedListed 122 days
Opportunity summary
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About
5 The Wellington, Blackpool Studio Apartment | 14 Sqm | 999-Year Lease | 15% NET Yields Achievable | Price £65,000 Summary A charming self-contained studio inside the newly renovated and opened Wellington Hotel.
Apartment 5 is perfectly positioned on the ground floor to the rear of the Hotel away from any noise or disturbance whilst easy access to the well thought out communal areas.
With a dedicated hotel management company in place and located in the UK's most visited seaside destination, this is an exciting investment opportunity for someone looking to have a strong income generating asset in their portfolio.
Key Highlights - Type: Aparthotel Studio - 999-Year Lease (Share Of Freehold to follow) - C1 Use (No Stamp Duty Payable) - Size: 14 sqm - Full Furniture Included - Sleeps: 2 plus a child (Pull-out children's bed included) - Projected Average Nightly Rate: £60 - 15% NET Yield Achievable at 80% Occupancy - Price: £65,000 Furniture Included: - White Goods - Double bed with USB sockets & LED lights - Air Fryer, Kettle & Toaster - Crockery, Cutlery, Mugs & Glassware - Under-counter storage cart - Bench seat with shoe storage - Wall mounted folding dining table & stools - Pillows, Duvets & Soft furnishings - Under bed storage baskets Full furniture list available on request The Wellington Hotel Perfectly positioned in the centre of Blackpool, The Wellington Hotel puts guests steps from the Winter Gardens, Blackpool Tower, and the bustling Promenade.
Its prime location makes it the smart choice for event goers, families, and weekend explorers looking to stay close to the action.
Location: Blackpool Blackpool remains the UK's most visited seaside destination, attracting over 21.5 million visitors in 2023, a 6% increase on the previous year, according to the STEAM tourism report.
Additional footfall data shows that the Promenade alone recorded more than 23 million visits in summer 2024, reflecting the town's huge draw for day trippers and short stay visitors.
Tenure: Share of Freehold (999 years)
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 5, The Wellington, - Coop Street, Blackpool
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