Seven self-contained flats near the Promenade with value-add refurbishment potential.
Freehold Victorian block with strong period features
A substantial Victorian villa on Leyland Road, Fulwood House offers seven self-contained apartments across four floors, including integrated basement space. The building has notable period character — high ceilings, large sash-style windows and generous room proportions — presenting an attractive blank canvas for modern finishes and reconfiguration.
Arranged as six two-bedroom flats and one one-bedroom flat, the block is vacant and in need of comprehensive updating. That condition creates scope to add value through refurbishment, interior redecoration, and re-letting at current local rents. Two-bed comps typically achieve £825–£900 pcm and one-beds £600–£725 pcm, giving gross rental potential close to 10% relative to the guide price when fully occupied and upgraded.
Practical considerations are clear: the property requires renovation throughout, and the wider area scores high for crime and very high on deprivation indices. Broadband speeds are slow locally, and the sale will proceed via modern auction with buyer’s fees and reserve conditions. These factors will influence refurbishment budgets and investor underwriting.
For the right buyer — a portfolio investor or developer comfortable with refurbishment, leasing logistics and auction purchase terms — this freehold block offers scale, flexible income streams, and strong location benefits. Leyland Road places you minutes from Hesketh Park, the Promenade and Lord Street, with good rail links to Liverpool and Manchester and a broad tenant market of professionals and retirees.
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