Blackpool vs Morecambe for Property Investment
Blackpool leads on gross yield at 8.5%, while Blackpool has the lower entry price at £125,000. Here is how the two markets compare on yield, price, deposit and tenant demand.
Blackpool vs Morecambe at a glance
| Metric | Blackpool | Morecambe |
|---|---|---|
| Average gross yield | 8.5% | 7.5% |
| Average property price | £125,000 | £135,000 |
| Implied monthly rent | £885 | £844 |
| 25% deposit | £31,250 | £33,750 |
| Stamp duty (additional property) | £6,250 | £6,750 |
| Population | 140,000 | 35,000 |
| Region | North West | North West |
| Investor rating | Good | Good |
Blackpool
Stock is dominated by Victorian and inter-war terraces, with two- and three-bed houses making up most of what comes to market. Tenant demand is underpinned by local employment in services, healthcare and logistics, supported by a population of around 140,000. On the average £125,000 purchase, a 8.5% gross yield implies roughly £885 per calendar month in rent — a useful sanity check when you are reviewing a listing. Highest yields in the UK but requires careful property selection.
- Strong fitStandard buy-to-let
- Strong fitHMO / rent by the room
- Strong fitFirst-time landlord
Morecambe
Stock is dominated by Victorian and inter-war terraces, with two- and three-bed houses making up most of what comes to market. Tenant demand is underpinned by seasonal and holiday-let demand, local employment in services, healthcare and logistics, supported by a population of around 35,000. On the average £135,000 purchase, a 7.5% gross yield implies roughly £844 per calendar month in rent — a useful sanity check when you are reviewing a listing. Coastal regeneration with high yield potential.
- Strong fitStandard buy-to-let
- Consider carefullyHMO / rent by the room
- Strong fitFirst-time landlord
Which is the better investment?
If monthly cash flow is your priority, Blackpool is the stronger option on paper at 8.5% gross. If you want the lower capital commitment, Blackpool needs around £31,250 as a 25% deposit. Averages only take you so far, though — run the actual listing through PropertyROI before you offer.
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