The Wellington Apartments
RE

The Wellington Apartments

By Residential Estates

£ 42,000

Reviews

3 out of 5 stars

Residential Estates says ..

A unique low entry level development in the heart of Blackpool, offering investors large potential returns. The Wellington is to be renovated to provide a combination of 24 self-contained studio apart-hotel rooms and 3 residential two-bedroom apartments.

Property Oracle says ..

The property is a well-presented apartment in Blackpool, located on Coop Street. While the listing price is significantly below the average price for the area, this needs to be considered in the context of the property size and the lack of information regarding square footage. The apartment appears to be newly renovated or refurbished, with modern fixtures and furnishings. The photos showcase a clean and updated interior. The location is convenient, with proximity to shops, amenities, and transport links. However, the absence of information on the plot size and the lack of bedrooms are significant factors to consider. The property may be suitable for a single person or couple looking for a low-maintenance, modern city-centre apartment. Further information on the property size and specifics would be needed to provide a more comprehensive analysis.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
9
Location
7
Land
3
Bedrooms
0
Bathrooms
1

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
75,833.00 £
Decreased by 8.73 %
from 83,086.00 £
Average area rental value
1,020.00 £/mo
Increased by 42.06 %
from 718.00 £/mo
Est rental Yield
16.14 %
Increased by 55.64 %
from 10.37 %
Crime Rate
13.00 %
Unchanged by 0.00 %
from 13.00 %

Agent Activity

  • Residential Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
Bfc SchoolOther Independent School0.72 KM
Blackpool St John'S Church Of England Primary SchoolVoluntary Aided SchoolGood0.95 KM
Blackpool Gateway AcademyAcademy ConverterRequires improvement0.98 KM
Revoe Learning AcademyAcademy Sponsor LedGood1.07 KM
Revoe Children'S CentreChildren's Centre1.21 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Chapel Street £ 000.00 KM
Princess Street £ 63,33300.00 KM
Princess Court £ 105,00000.00 KM
Hamilton Court £ 000.00 KM
Chadwick Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Blackpool North2739BPN1.26 KM
Blackpool South2740BPS1.40 KM
Blackpool Pleasure Beach2738BPB2.56 KM
Layton (Lancs)2669LAY3.65 KM
Squires Gate2666SQU3.74 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Wellington Apartments £ 54,000BUY6 / 100.00 KM
The Wellington Apartments £ 135,000BUY7 / 100.00 KM
The Wellington Apartments £ 42,000BUY6 / 100.00 KM
The Wellington Apartments £ 75,000BUY6 / 100.00 KM
Coop Street, Blackpool, FY1 £ 77,500BUY7 / 100.01 KM

Nearby Properties

AddressPriceDistance
5 Coop Street £ 78,0000.00 KM
34 - 36 Coop Street £ 67,5000.00 KM
15 Coop Street £ 36,0000.00 KM
1 Coop Street £ 82,0000.00 KM
16 Coop Street £ 140,0000.00 KM