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Back to search: Blackpool or Withnell Road

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5 bed Apartment property

Available

For Sale

Listed Jul 16, 2025

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£160,000

Available

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Description

"INTRODUCTION For Sale by Online Auction with a Starting Bid of £160,000. Terms & Conditions Apply. See WebbMove for all the Auction Details.

Investment Opportunity Block of Five Flats Guide Price £160,000

A fantastic investment opportunity offering a potential return of approximately £20,000 per annum. This block of five flats is situated in the heart of South Shore, Blackpool, just a short walk from the world famous Blackpool Promenade and close to a range of local amenities.

To the ground floor, there are two one bedroom flats, one of which is occupied by a long standing tenant who has lived in the building for over 40 years. The first floor offers two further one bedroom flats, both of which are tenanted by reliable long term residents. On the second floor, there is a recently refurbished one bedroom flat that is ready to be let to a new tenant, offering the opportunity to quickly secure additional rental income.

This is an ideal purchase for investors looking for a strong yield with an established rental history. The property is well located for transport links, shops, and leisure attractions, ensuring strong ongoing demand from tenants. Early viewing is highly recommended to fully appreciate the potential this property presents."