2-bedroom flat · FY1 5QQ
Under offerListed 416 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious Ground Floor Apartment with Two Bathrooms – No Onward Chain This generously proportioned ground floor apartment offers a rare combination of two double bedrooms and two bathrooms, including a private en-suite to the master bedroom.
While the property would benefit from modernisation throughout, it presents an excellent opportunity to personalise a spacious home to your own taste.
Its ground floor position makes it an ideal alternative to a bungalow, offering convenient, step-free living.
Offered with no onward chain, this apartment is perfect for those seeking a project with great potential in a convenient location. Communal Entrance Security intercom. Communal Hall.
Private Entrance. Hall Built in cloaks cupboard, Security intercom, Radiator.
Lounge 3.3m x 5.79m Decorative fire surround, Marble inset and hearth, Coved ceiling, Large bay window.
Dining Kitchen 2.26m x 4.29m Fitted wall and base cupboard units, Complementary roll edge worktops, Built in oven and hob with extractor hood, One and a half bowl stainless steel sink, Gas central heating boiler, Tiled walls, UPVC double glazed window.
Bedroom 1 2.97m x 5.31m Fitted wardrobes, Bedside and drawer units, UPVC double glazed window, Two radiators.
En-Suite Comprising; Shower cubicle, Low flush WC, Pedestal wash basin, Tiled walls, Double radiator.
Bedroom 2 2.21m x 4.32m Fitted wardrobe, UPVC double glazed window, Radiator.
Bathroom Comprising; Panelled bath with overhead shower, Pedestal wash basin, Low flush WC, Tiled walls, Part tiled floor, Radiator.
Outside Communal Gardens Lawned with flowerbeds Parking Residents' parking to the rear, both allocated for flat 3 plus visitor's parking.
Heating Gas central heating (NOT TESTED). Tenure We have been informed that the property is leasehold; 999 years from 1989; Service charge £660 p/a; Ground rent £125 p/a.
Prospective purchasers should seek clarification of this from their Solicitors. Council Tax Band - £2126.41 (2025/26)
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 Somerset Court, Somerset Avenue, Blackpool
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