Summary - 47 CHESTERFIELD ROAD BLACKPOOL FY1 2PP
3 bed 3 bath Terraced
Ready-made multi-let investment with flexible workshop space.
Three self-contained flats with separate kitchens and bathrooms
A mid-terrace Victorian property arranged as three self-contained flats, offered freehold and sold via the Modern Method of Auction. Each flat includes a reception room, kitchen, bedroom and bathroom, providing immediate multi-let potential and separated income streams. A rear workshop adds storage or lettable workspace, increasing flexibility for investors.
The building is described as generally in usable condition with an EPC rating of C, but the interior shows dated fittings and areas of damp/mould that will need attention. The house is small in overall footprint and will suit purchasers targeting rental yield rather than spacious family living. Completion must follow the auction’s Reservation Agreement: a non-refundable reservation fee (4.5% of purchase price, minimum £6,600) and the Buyer Information Pack fee apply — allow 56 days to complete and factor these costs into purchase calculations.
Location considerations are material: the FY1 area shows high crime levels and significant deprivation, which affects tenant demand and management requirements. Positives for a lettings strategy include excellent mobile signal, fast broadband and proximity to local amenities and schools. This is a straightforward buy-to-let/refurbishment opportunity for experienced investors comfortable managing upgrades and lettings in challenging urban markets.
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