Summary - 49 EXCHANGE STREET BLACKPOOL FY1 2DZ
3 bed 1 bath Terraced
Three-bedroom Victorian terraced investment; vacant, auction-sold and priced for renovation near transport..
- Three bedrooms in Victorian mid-terrace
- Freehold; sold via secure online auction
- Vacant now; potential rent circa £950 pcm
- Needs renovation throughout; surveys recommended
- Double glazing and gas central heating present
- Very high local crime and very deprived area
- Close to train station, shops and local amenities
- Small plot with compact internal room sizes
A three-bedroom Victorian mid-terrace in central Blackpool, offered freehold and sold via online auction. The property sits close to the train station, shops and local amenities, making it easy to let or resell once refurbished. It currently stands vacant and will suit a hands-on investor or buyer prepared to renovate.
The house needs renovation throughout; cosmetic updating and likely mechanical checks are required. It benefits from double glazing, gas central heating and high ceilings typical of the period, which help retain rental appeal. The vendor estimates a potential rent of around £950 pcm once refurbished, giving immediate income potential in a town-centre location.
Material drawbacks are significant and stated plainly: the area is very deprived with very high crime levels, which will affect tenant demand and management requirements. The property is being sold at auction and is in need of renovation, so buyers should allow for refurbishment costs and carry out full surveys and legal checks before bidding.
For an investor experienced in working in higher-risk urban markets, this property offers a low entry price and clear upside after improvement. First-time buyers seeking a low-cost home should factor in renovation needs, local area challenges and the auction sale process before committing.
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