Summary - Flat 1, 64-66 Talbot Road FY1 1LR
1 bed 1 bath Commercial Property
Income-producing retail plus two large 2-bed flats near tram route and regeneration.
Large mixed-use mid-terrace building on busy Talbot Road
A substantial mid-terrace mixed-use property on Talbot Road, offering a large ground-floor retail unit plus two generous two-bedroom flats. The ground-floor shop extends to approximately 108 sq m (1,162 sq ft) with four subdivided spaces and separate services; the two upper apartments are each about 81 sq m with separate meters and EPC C ratings.
This is an income-led opportunity for investors seeking value-add in a well‑connected location. The property sits on the Blackpool North tram route amid a busy parade of retailers, restaurants and services, and benefits from nearby planned regeneration (Civil Service Hub and Multiversity). Flats currently pay £500 pcm each; the shop has scope to achieve around £10,000 pa. Business premises RV is £9,600 (2023).
Key positives include separate gas, electric and water supplies, a rooftop seating/garden space for apartment 1, and clear potential to uplift rents or repurpose accommodation (short‑let/Airbnb or refurbishment). Material negatives are the very high local crime rate, very high area deprivation, and the building’s age and wall construction (cavity walls assumed without insulation) — meaning energy and maintenance costs may be higher unless upgraded. EPC for the shop is D.
Freehold tenure and mixed-use layout make this suitable for buy-to-let portfolio add-on, small-scale refurbishment project, or owner-occupier with rental income. Buyers should allow for refurbishment investment and factor in local market conditions when underwriting rental growth or conversion to holiday/short-let models.
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