Sold Commercial Property

12 - 14

HARDMAN STREET, BLACKPOOL, BLACKPOOL FY1 3QZ

Listed 25 Nov 2008 (-6447d)

£150,000

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# Commercial property for sale (FY1 3QZ)

## Property Details

| Key | Value |
|-----|-------|
| Address | 12 - 14, HARDMAN STREET, BLACKPOOL, BLACKPOOL FY1 3QZ |
| Price | £150,000 |
| Last sold | £95,000 Aug 2004 |

## Description

LOCATION

Hardman Street is a cul-de-sac to the south of Talbot Road close to Victory Road.

ACCOMMODATION

Ground Floor  Vestibule entrance hall, spiral staircase; showroom with suspended ceiling and carpeted 10m x 7.7m (82m5); rear store; kitchen; store; wc's; disabled wc's 7.7m x 10m (82m5).

First Floor  Reception office; open plan general office; main private office; 5 private offices; kitchen and 2 x wc, overall 16.4m x 10m; rear fire escape internal staircase.

Exterior  Forecourt parking for 2 cars, parking permit for road side parking.

The offices are equipped with a telephone system, desks, chairs, filling cabinets, etc and these are available by separate negotiations if required.

SERVICES

All mains services connected, gas central heating 2 systems, intercom door system, double glazed, 4 air conditioning units to upper floor, Red Care Intruder Alarm paid up to September 2009, electric roller shutter to front

TENURE

Freehold/Leasehold - Ingoing - Legal Fees -rental £10,400pa (£200pw)

## Property Photos

- ![ext](/listings/photos/24045596/1310404) - ext
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- ![int](/listings/photos/24045596/1310409) - int
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## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 12 - 14 HARDMAN STREET, BLACKPOOL, FY1 3QZ | £95,000 | 25/08/2004 | Terraced |
| 12 - 14 HARDMAN STREET, BLACKPOOL, FY1 3QZ | £45,000 | 20/09/2002 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| [Same street] 6 HARDMAN STREET, BLACKPOOL, FY1 3QZ | £82,000 | 22/03/2023 | Terraced |
| 132 GEORGE STREET, BLACKPOOL, FY1 3SF | £50,000 | 28/11/2022 | Other |
| 20 - 30 COLERIDGE ROAD, BLACKPOOL, FY1 3SL | £250,000 | 25/11/2022 | Other |
| 326 TALBOT ROAD, BLACKPOOL, FY1 3QS | £75,000 | 28/10/2022 | Other |
| [Same street] 4 HARDMAN STREET, BLACKPOOL, FY1 3QZ | £86,000 | 05/07/2022 | Terraced |
| [Same street] 8 HARDMAN STREET, BLACKPOOL, FY1 3QZ | £81,500 | 24/02/2022 | Terraced |
| [Same street] 5 HARDMAN STREET, BLACKPOOL, FY1 3QZ | £82,000 | 11/02/2022 | Terraced |

**Street average:** £82,875 (4 sales)
**Area average:** £125,000 (3 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £134,342 (19 Other, FY1, 2024–2026)
- **Deviation:** +11.7%

## Rental Range

*ONS Price Index of Private Rents (Blackpool). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £634/mo
- **Realistic:** £704/mo
- **Optimistic:** £774/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Fylde Coast (Apr 2025 – Mar 2026).*

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 3 Bed Terraced House, Peter Street, FY1 | £950/mo | 3 | 0.28 miles | OpenRent |
| 3 Bed Terraced House, Peter Street, FY1 | £900/mo | 3 | 0.28 miles | OpenRent |
| 3 Bed Terraced House, Sherbourne Road, FY1 | £1,400/mo | 3 | 0.29 miles | OpenRent |
| 3 Bed Semi-Detached House, North Avenue, FY3 | £825/mo | 3 | 0.43 miles | OpenRent |

**Average rent: £1,019/mo (4 listings)**

## 1% Rule

- **Rent ratio:** 0.62% (weak for cashflow)
- **Max investor price (0.8%):** £115,625
- **Target investor price (1%):** £92,500

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £925/mo).*

- **Gross yield:** 7.4%
- **Cost-to-rent:** 13.5×
- **Monthly cashflow:** £217/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 6%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -27.5%
- **10y growth:** 6%

## House Price Index (HM Land Registry)

*Official index for Blackpool; All dwelling types series; as of April 2026.*

- **1y growth (index):** 4.5%
- **5y growth (index):** 20.9%
- **10y growth (index):** 44.9%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

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Property details

Tenure

FREEHOLD

Last sold

£95,000 Aug 2004

Local average

£134,342 (+11.7%)

Deprivation

Decile 1 (513 of 33,755)

Street crime

1123 incidents within 1 mile (May 2026)

Key features

End terraced 2 storey building
Total area approx 3550sq ft
Parking 2 cars
Open plan office/storage area
Intruder alarm
A1 condition
View recommended
Also available leasehold at a rental of £10,400 pa (£200pw)

Additional details

Parking: Yes

Description

LOCATION
Hardman Street is a cul-de-sac to the south of Talbot Road close to Victory Road.

ACCOMMODATION
Ground Floor Vestibule entrance hall, spiral staircase; showroom with suspended ceiling and carpeted 10m x 7.7m (82m5); rear store; kitchen; store; wc's; disabled wc's 7.7m x 10m (82m5).

First Floor Reception office; open plan general office; main private office; 5 private offices; kitchen and 2 x wc, overall 16.4m x 10m; rear fire escape internal staircase.

Exterior Forecourt parking for 2 cars, parking permit for road side parking.

The offices are equipped with a telephone system, desks, chairs, filling cabinets, etc and these are available by separate negotiations if required.

SERVICES
All mains services connected, gas central heating 2 systems, intercom door system, double glazed, 4 air conditioning units to upper floor, Red Care Intruder Alarm paid up to September 2009, electric roller shutter to front

TENURE
Freehold/Leasehold - Ingoing - Legal Fees -rental £10,400pa (£200pw)

Listed by

Blackpool

Duxburys

Reference: 24045596

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Price history

111% since 2002

Event	Date	Price	% change
Sold	25/08/2004 (21 years ago)	£95,000	+111.1%
Sold	20/09/2002 (23 years ago)	£45,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
Same street 6 HARDMAN STREET, BLACKPOOL, FY1 3QZ	£82,000	22/03/2023	Terraced
132 GEORGE STREET, BLACKPOOL, FY1 3SF	£50,000	28/11/2022	Other
20 - 30 COLERIDGE ROAD, BLACKPOOL, FY1 3SL	£250,000	25/11/2022	Other
326 TALBOT ROAD, BLACKPOOL, FY1 3QS	£75,000	28/10/2022	Other
Same street 4 HARDMAN STREET, BLACKPOOL, FY1 3QZ	£86,000	05/07/2022	Terraced
Same street 8 HARDMAN STREET, BLACKPOOL, FY1 3QZ	£81,500	24/02/2022	Terraced
Same street 5 HARDMAN STREET, BLACKPOOL, FY1 3QZ	£82,000	11/02/2022	Terraced

Street average: £82,875 (4 sales)

Area average: £125,000 (3 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -27.5%

10y growth 6%

House Price Index (HM Land Registry — official index, not sold-price averages): Blackpool. Series: All dwelling types. As of April 2026.

1y (index) 4.5%

5y (index) 20.9%

10y (index) 44.9%

Rental Range

Estimated market rent for Blackpool. Low = conservative, Realistic = average, Optimistic = best case.

Low £634/mo

Realistic £704/mo

Optimistic £774/mo

Based on Local Authority from postcode lookup → Blackpool.

LHA (30th percentile) floor for Fylde Coast: Apr 2025 – Mar 2026

Location

Map view View on Google Maps View on OpenStreetMap Street View FY1 3QZ

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Shop	QuickSave Motorist Centres	0.0 miles
Shop	Savoy Timber	0.1 miles
Train station	Blackpool North	0.2 miles
Bus stop	Devonshire Road	0.2 miles
Bus stop	Collingwood Avenue	0.5 miles
Train station	Layton	1.0 miles
University	Blackpool and The Fylde College	2.5 miles
Hospital	The Harbour	2.7 miles
University	Blackpool & The Fylde College, Fleetwood Nautical Campus	5.3 miles
Hospital	Clifton Hospital	5.7 miles

Street-level crime

Category	Count
Violence and sexual offences	492
Anti-social behaviour	211
Criminal damage and arson	69
Public order	68
Other theft	62
Drugs	43
Vehicle crime	34
Other crime	33
Shoplifting	30
Possession of weapons	27
Burglary	23
Robbery	16
Theft from the person	8
Bicycle theft	7
Total incidents	1123

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Devonshire Primary Academy	Primary	0.3 miles	— (Inspected (no overall grade))
Tower Learning Centre Independent School	Other	0.4 miles	Good — 21 Sep 2022
Blackpool St John's Church of England Primary School	Primary	0.4 miles	Good — 26 Jul 2012
Westminster Primary Academy	Primary	0.5 miles	Good — 10 Mar 2015
St Kentigern's Catholic Primary School	Primary	0.5 miles	Good — 12 Nov 2014

Rental Comparables

Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
3 Bed Terraced House, Peter Street, FY1	£950/mo	3	0.28 miles	OpenRent
3 Bed Terraced House, Peter Street, FY1	£900/mo	3	0.28 miles	OpenRent
3 Bed Terraced House, Sherbourne Road, FY1	£1,400/mo	3	0.29 miles	OpenRent
3 Bed Semi-Detached House, North Avenue, FY3	£825/mo	3	0.43 miles	OpenRent

Average rent: £1,019/mo (4 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.62%

Max investor price (0.8%) £115,625

Target investor price (1%) £92,500

Gross yield 7.4%

Cost-to-rent ratio 13.5×

Monthly cashflow £217/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 6%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).