218-220 Promenade & 1-7 Cocker Square, Blackpool, FY1 1RU
KA

218-220 Promenade & 1-7 Cocker Square, Blackpool, FY1 1RU

By Kays Peake Properties Ltd

£ 500,000

Reviews

2 out of 5 stars

Kays Peake Properties Ltd says ..

Substantial corner 3 storey mixed investment property located in a prominent position on the Promenade and currently arranged as 6 commercial businesses all let and producing rental income circa £50,000 per annum. Fronting the North Promenade 200m from the Town Centre and North Pier and 100m to ...

Property Oracle says ..

The property is a block of apartments located on the Promenade in Blackpool. Blackpool is a popular seaside resort town in Lancashire, England. The location benefits from proximity to Blackpool North train station (0.65km), several schools within a 1.5km radius, and various shops and businesses in the immediate vicinity. However, the specific condition of the apartments is not detailed, and the lack of information regarding the number of bedrooms and bathrooms, as well as the total square footage and plot size, makes a comprehensive evaluation challenging. The list price of £500,000 seems high compared to the average house price in the area (£197,052) and nearby comparable properties, several of which are significantly cheaper. More information is needed to determine if this is a fair price. The average price per sqft is £235.00. Without knowing the sqft of this property, it is impossible to determine if the price is reasonable.

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
4
Condition
0
Location
7
Land
0
Bedrooms
0
Bathrooms
0

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
152,711.00 £
Decreased by 14.01 %
from 177,600.00 £
Average area rental value
1,027.00 £/mo
Increased by 12.98 %
from 909.00 £/mo
Est rental Yield
8.07 %
Increased by 31.43 %
from 6.14 %
Crime Rate
13.00 %
Unchanged by 0.00 %
from 13.00 %

Agent Activity

  • Kays Peake Properties Ltd created the listing.

Nearby Schools

NameTypeOfstedDistance
Blackpool St John'S Church Of England Primary SchoolVoluntary Aided SchoolGood1.03 KM
Westminster Children'S CentreChildren's Centre1.05 KM
Westminster Primary AcademyAcademy Converter1.08 KM
Talbot And Brunswick Children'S CentreChildren's Centre1.38 KM
Holy Family Catholic Primary SchoolVoluntary Aided SchoolGood1.47 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Queen Street £ 000.00 KM
Derby Road £ 000.00 KM
Talbot Road £ 000.00 KM
Westminster Road £ 000.00 KM
Middle Walk £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Blackpool North2739BPN0.65 KM
Blackpool South2740BPS2.73 KM
Layton (Lancs)2669LAY3.12 KM
Blackpool Pleasure Beach2738BPB3.84 KM
Squires Gate2666SQU5.04 KM

Nearby Listings

AddressPriceTypeScoreDistance
218-220 Promenade & 1-7 Cocker Square, Blackpool, FY1 1RU £ 500,000BUY5 / 100.00 KM
Promenade, BLACKPOOL, Lancashire, FY1 £ 120,000BUY6 / 100.05 KM
Promenade, Blackpool, Lancashire, FY1 £ 83,000BUY5 / 100.05 KM
Promenade, Blackpool, Lancashire, FY1 £ 119,950BUY5 / 100.05 KM
Promenade, Regent Court, FY1 £ 70,000BUY4 / 100.05 KM

Nearby Properties

AddressPriceDistance
13 Francis Street £ 66,0000.14 KM
11 Francis Street £ 69,0000.14 KM
6 Francis Street £ 72,0000.14 KM
7 Francis Street £ 53,0000.14 KM
9 Francis Street £ 34,0000.14 KM