Edward Mellor Ltd says ..
TO BE SOLD BY ONLINE AUCTION ON 5TH MARCH 2025 UNLESS SOLD PRIOR UNDER AUCTION TERMS50 GRASMERE ROAD, BLACKPOOL, FY1 5PQThis tenanted property has been converted into five self-contained, individually metered one-bedroom studio flats, generating an impressive annual rental income...
Property Oracle says ..
The property is located on Grasmere Road in Blackpool, close to Revoe Learning Academy (Good Ofsted rating) and several other schools. Blackpool South train station is also within reasonable distance. The area has a mix of property types and price points. Based on the limited images, the property appears to be in need of some cosmetic work. The lack of plot size and square footage data prevents a full assessment of land and price value. However, considering comparable properties in the area and the average price per sqft, the list price of £130,000 may be reasonable, especially given the potential for rental income.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 5
- Location
- 7
- Land
- 3
- Bedrooms
- 5
- Bathrooms
- 4
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
- 273,072.00 £Decreased by 1.50 %
- Average area rental value
- 1,340.00 £/moIncreased by 9.39 %
- Est rental Yield
- 5.89 %Increased by 11.13 %
- Crime Rate
- 6.00 %Unchanged by 0.00 %
Agent Activity
Edward Mellor Ltd created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Revoe Learning Academy | Academy Sponsor Led | Good | 0.07 KM |
| Revoe Children'S Centre | Children's Centre | 0.20 KM | |
| Bfc School | Other Independent School | 0.64 KM | |
| Blackpool Gateway Academy | Academy Converter | Requires improvement | 0.77 KM |
| Blackpool St John'S Church Of England Primary School | Voluntary Aided School | Good | 1.16 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Abacus Street | £ 0 | 0 | 0.00 KM |
| Mayor Avenue | £ 0 | 0 | 0.00 KM |
| Chadwick Street | £ 0 | 0 | 0.00 KM |
| Back Henry Street | £ 0 | 0 | 0.00 KM |
| Princess Court | £ 105,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Blackpool South | 2740 | BPS | 1.22 KM |
| Blackpool North | 2739 | BPN | 1.67 KM |
| Blackpool Pleasure Beach | 2738 | BPB | 2.53 KM |
| Layton (Lancs) | 2669 | LAY | 3.36 KM |
| Squires Gate | 2666 | SQU | 3.51 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Grasmere Road, Blackpool | £ 130,000 | BUY | 5 / 10 | 0.00 KM |
| Westmorland Avenue, Blackpool | £ 119,950 | BUY | 7 / 10 | 0.05 KM |
| Westmorland Avenue, Blackpool | £ 179,950 | BUY | 5 / 10 | 0.05 KM |
| Westmorland Avenue, Blackpool | £ 425,000 | BUY | Unknown | 0.08 KM |
| Lune Grove, Blackpool | £ 94,950 | BUY | Unknown | 0.12 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 64 Grasmere Road | £ 100,000 | 0.01 KM |
| 56 Grasmere Road | £ 99,950 | 0.01 KM |
| 50 Grasmere Road | £ 180,000 | 0.01 KM |
| 66 Grasmere Road | £ 45,000 | 0.01 KM |
| 60 Grasmere Road | £ 59,950 | 0.01 KM |