Total views: 101
Floorplan
Map6 bedroom terraced house for sale
Livingstone Road, Lancashire FY1
Recently added
Terraced house
6 beds
5 baths
2389
EPC rating: D
Key information
Features and description
- Gross Yield 15.96%
- Vacant Possession
- Licensed HMO
- Investment
- Excellent Location
- High Tenant Demand
This established HMO presents a rare chance to acquire a well-configured multi-let with strong proven rental performance and outstanding future income potential. Situated in a high-demand residential area of Blackpool, this licensed HMO stands out in a market where Article 4 restrictions make securing new HMO permissions increasingly difficult. This factor alone significantly enhances the asset's long-term value and barriers to entry for competitors.
Investment Highlights
•Six generous double bedrooms with strong occupancy levels
•Three en-suite shower rooms plus additional communal facilities
•Spacious communal lounge with dining area promoting tenant comfort and social living
•Well-equipped kitchen ideal for multiple occupants with plenty of ovens and storage
•Separate laundry room to serve household needs
•Three communal bathrooms ensuring convenience on each floor
Achieved Rental Performance
•Room 1 – £560 pcm
•Room 2 – £550 pcm
•Room 3 – £555 pcm
•Room 4 – £455 pcm
•Room 5 – £550 pcm
•Room 6 – £455 pcm
•Total Actual Income: £3,125 pcm (£37,500 pa)
•Gross Yield at Asking Price: 15.96%
There is further potential to increase these rents (particularly rooms 4 & 6) to further increase yield and the generous bedroom sizes provide scope for above-market rents when compared with many local HMOs.
Tenant demand drivers: Further education and training:
One of the biggest advantages here is how close the property is to Blackpool's key education hubs, which can act as reliable tenant pipelines.
•B&FC University Centre (Park Road, FY1 4ES): approx. 370m
•B&FC Gateway Campus (Park Road, FY1 4JN): approx. 292m
•B&FC Palatine Building (Palatine Road, FY1 4DW): approx. 442m
These walkable distances are a genuine selling point for occupancy resilience, particularly for students, apprentices, trainee professionals, and early-career renters. Additionally, Blackpool Multiversity is planned to open in the town in September 2027 which will host an additional 3000 students and staff, further increasing rental demand.
Location & Transport Accessibility
The property enjoys excellent connectivity and tenant appeal.
•Bus Stops: Chapel Street bus stop 188 m, Palatine Road 346 m from the property providing regular services including routes 3, 5, 5A, 5B, 6, 11A, 11B, 121 and 424 linking to key areas of Blackpool and beyond.
•Tram Access: Blackpool Tramway (Central Pier stop) 648 m offers direct light rail access along the coast between Starr Gate and Fleetwood.
•Train Stations: Blackpool North Station is the nearest mainline rail hub serving regional rail networks (Northern services).
•Motorway Access: M55 motorway junction is within easy reach via local road network offering connections toward Preston and the national motorway network.
Proximity to Local Amenities & Points of Interest
•Blackpool Victoria Hospital: approximately 2,800 metres away providing significant local employment and tenant demand drivers. Easily accessible via the local bus services.
•Blackpool and The Fylde College: Several campuses nearby including the University Centre on Park Road and Palatine Road serving further and higher education students, creating strong HMOs tenant pipelines.
•Town Centre & Leisure: Blackpool town centre, Promenade and leisure attractions are all walkable, enhancing rental appeal for both student and professional tenants.
•Local Amenities: A wide array of shops, cafes and services within walking distance increases desirability for long-term tenants.
Why This HMO Is a Strategic Investment
•Article 4 HMO Licensing Restricts Supply: Acquiring a property with an existing licence in this controlled market gives you a strategic asset with reinforced long-term trading security.
•Strong Rental Performance: Current income demonstrates resilience and appeal across a range of tenant types.
•Transport Links & Employment Hubs: Exceptional access to public transport, major employment centres and educational institutions broadens tenant catchment and reduces void periods.
Investment Highlights
•Six generous double bedrooms with strong occupancy levels
•Three en-suite shower rooms plus additional communal facilities
•Spacious communal lounge with dining area promoting tenant comfort and social living
•Well-equipped kitchen ideal for multiple occupants with plenty of ovens and storage
•Separate laundry room to serve household needs
•Three communal bathrooms ensuring convenience on each floor
Achieved Rental Performance
•Room 1 – £560 pcm
•Room 2 – £550 pcm
•Room 3 – £555 pcm
•Room 4 – £455 pcm
•Room 5 – £550 pcm
•Room 6 – £455 pcm
•Total Actual Income: £3,125 pcm (£37,500 pa)
•Gross Yield at Asking Price: 15.96%
There is further potential to increase these rents (particularly rooms 4 & 6) to further increase yield and the generous bedroom sizes provide scope for above-market rents when compared with many local HMOs.
Tenant demand drivers: Further education and training:
One of the biggest advantages here is how close the property is to Blackpool's key education hubs, which can act as reliable tenant pipelines.
•B&FC University Centre (Park Road, FY1 4ES): approx. 370m
•B&FC Gateway Campus (Park Road, FY1 4JN): approx. 292m
•B&FC Palatine Building (Palatine Road, FY1 4DW): approx. 442m
These walkable distances are a genuine selling point for occupancy resilience, particularly for students, apprentices, trainee professionals, and early-career renters. Additionally, Blackpool Multiversity is planned to open in the town in September 2027 which will host an additional 3000 students and staff, further increasing rental demand.
Location & Transport Accessibility
The property enjoys excellent connectivity and tenant appeal.
•Bus Stops: Chapel Street bus stop 188 m, Palatine Road 346 m from the property providing regular services including routes 3, 5, 5A, 5B, 6, 11A, 11B, 121 and 424 linking to key areas of Blackpool and beyond.
•Tram Access: Blackpool Tramway (Central Pier stop) 648 m offers direct light rail access along the coast between Starr Gate and Fleetwood.
•Train Stations: Blackpool North Station is the nearest mainline rail hub serving regional rail networks (Northern services).
•Motorway Access: M55 motorway junction is within easy reach via local road network offering connections toward Preston and the national motorway network.
Proximity to Local Amenities & Points of Interest
•Blackpool Victoria Hospital: approximately 2,800 metres away providing significant local employment and tenant demand drivers. Easily accessible via the local bus services.
•Blackpool and The Fylde College: Several campuses nearby including the University Centre on Park Road and Palatine Road serving further and higher education students, creating strong HMOs tenant pipelines.
•Town Centre & Leisure: Blackpool town centre, Promenade and leisure attractions are all walkable, enhancing rental appeal for both student and professional tenants.
•Local Amenities: A wide array of shops, cafes and services within walking distance increases desirability for long-term tenants.
Why This HMO Is a Strategic Investment
•Article 4 HMO Licensing Restricts Supply: Acquiring a property with an existing licence in this controlled market gives you a strategic asset with reinforced long-term trading security.
•Strong Rental Performance: Current income demonstrates resilience and appeal across a range of tenant types.
•Transport Links & Employment Hubs: Exceptional access to public transport, major employment centres and educational institutions broadens tenant catchment and reduces void periods.
About this agent
In June 2022 Martin Hetzel and James Eccleston became the new owners of Martin and Co Blackpool. Both owners have a strong passion for property and have been landlords and property investors for several years with extensive experience of using the services of estate agents for their own property matters. They have seen that there can be a vast difference in the level of service offered by different agents in the industry. So, when Martin and James found the opportunity to fulfil their dream of owning their own agency their number one goal was (and still is), to ensure Martin and Co Fylde Coast offers the best possible service to it's customers. At the heart of every decision we make, the first question we ask is, how does this benefit our customer? As customers of estate agents and lettings agents, we see things from the perspective of our customers and we are determined to be different, to be better and offer the service levels we'd want to receive. We believe that the way we will succeed and be true to our vision is through having core values. These values run through everything we and our team do and will ensure that our customers receive the best possible service. Martin and Co Fylde Coast Core Values - Outstanding service Integrity Learning Ownership Positivity Succeed together Blackpool is renowned for its Tower and Pleasure Beach, and is also popular amongst the Buy-to-Let investors, with many customers across the UK choosing to invest in property in the town. With our exceptional local knowledge whether you are looking to let, buy or sell, Martin & Co can provide specialist advice, to buyers, sellers, tenants, and investors alike. Please do get in touch, we'd love to hear from you.
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