Summary - 52 MANOR ROAD BLACKPOOL FY1 4EB
1 bed 1 bath Block of Apartments
Two income-generating flats with scope for rent and value uplift.
Freehold semi-detached investment with two one-bed flats
A compact freehold block arranged as two self-contained one-bedroom flats, currently let and producing £10,400 per annum. Each flat has its own entrance, UPVC double glazing, a small yard and bike stores, providing straightforward management for a small-scale landlord.
Heating and service arrangements are mixed: the ground-floor flat has gas central heating and the first-floor flat uses electric heating, with both flats on pre-paid electricity meters. The tenancy income aligns with local housing benefit levels, offering immediate cashflow but limited rent headroom without active management or upgrades.
The property sits close to local amenities and transport links, supporting ongoing rental demand despite the wider area being very deprived. There is potential for rental and capital uplift through targeted refurbishment, redecoration, or lease review, though external footprint and communal space are limited.
Investors should note the material drawbacks: pre-paid meters are in place for electricity, the property sits in a high-deprivation area which may affect long-term growth, and the building will likely benefit from cosmetic and systems investment to maximise returns.
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