Summary - Waterloo Road, Blackpool FY4 3AF
1 bed 1 bath Commercial Property
**Standout Features:**
- Freehold commercial property with potential for residential conversion
- Planning permission (STPP) for conversion to one two-bedroom and one one-bedroom flat
- Total area of 1,168 square feet with five rooms
- Garage parking available
- Excellent mobile signal and fast broadband speeds
- Auction starting bid of £9,950
**Notable Concerns:**
- Requires full renovation
- Significant structural cracking evident
- Located in an area with high crime rates and noted deprivation
Discover an exceptional investment opportunity with this spacious Victorian commercial property situated in postcode FY4 3AF. This two-story building offers endless possibilities—approved to be converted into a two-bedroom and a one-bedroom flat (subject to planning permission), it holds the potential to generate annual rental income of around £12,000 once renovated. The convenience of local amenities, and excellent transport links ensures that the Fylde Coast and beyond are easily accessible.
Although this property needs significant renovation and shows signs of structural issues, its low auction starting price of £9,950 makes it attractive for investors looking to capitalize on a fixer-upper in an aspiring urban neighborhood. Ideal for first-time buyers or seasoned investors, the property's freehold status and garage parking further enhance its appeal.
Don't miss out on transforming this property into a profitable residential space—viewings are available via a 360 virtual tour. Act quickly; opportunities like this are rare and don’t last long!
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