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Investment Property With Four Flats In Blackpool For Sale

Blackpool, Lancashire, UK
Asking Price:
£110,000
Turnover:
£18,360
Net Profit:
Undisclosed

Attractive freehold investment property comprising four self contained flats, ideally located in South Shore, Blackpool, close to the town centre and promenade. Offered for sale by online auction and priced to sell, this property provides an excellent opportunity for investors seeking a ready made residential income stream.

The mid-terrace, double-fronted property is arranged over three floors and is configured as four separate flats, each designed for independent living. When fully let, the property generates a combined annual income of £18,360, making it a straightforward and understandable investment.

Situated in a popular residential and letting area, the location benefits from strong tenant demand due to its proximity to amenities, transport links and the seafront. This supports consistent occupancy levels and long term rental appeal.

The building is double glazed throughout and each flat is individually metered with card electric meters, helping simplify management and tenant responsibilities. The layout offers practical accommodation that appeals to the local rental market.

There is scope to enhance returns over time through rental growth, reconfiguration or targeted improvements, subject to the buyer’s strategy and any necessary consents.

The sale is a retirement disposal and early viewing is recommended to fully appreciate the income potential and location of this Blackpool investment property.

Property Information

Property:

Freehold

Location:

South Shore, Blackpool, Lancashire, positioned close to the town centre, promenade and local amenities in a well established residential letting area.

Premises Details:

Communal entrance and hallway serving all flats, internal circulation areas, individual flat living spaces, and a small rear yard providing external amenity.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Potential to improve rental yields over time through rental reviews, refurbishment or alternative letting strategies, subject to market conditions and regulations.

Competition / Market:

Competes with other small residential investment properties in South Shore, benefiting from a strong rental location close to amenities and transport links.
The property appeals to investors seeking multi unit residential income rather than single let properties, offering diversification within one freehold title.

Trading hours:

Operates as a residential investment property producing rental income from four self contained flats.