Investment-ready site with immediate income and refurbishment upside near town centre.
19 single garages in one block
A block of 19 single garages in central Blackpool offering immediate rental income and clear refurbishment upside. Nine garages have been recently renovated and letable, while the remaining units require completion works — presenting a straightforward value-add opportunity for an investor prepared to manage light works. Current rents are approximately £120 per month per garage, giving a potential gross income of about £29,500 per year at full occupancy.
The site sits on a decent-sized plot just off Regent Road East, close to the town centre and local amenities, with excellent mobile signal and average broadband. Several nearby schools and town-centre services are within easy reach, supporting steady tenant demand for affordable storage or parking in the area.
Key practical notes: some garages are low-ceilinged and compact, and a number are described as dated or unkempt; there are no listed on-site services. Crime levels in the area are very high and the wider neighbourhood scores as very deprived, which will affect management, insurance and letting risk. The vendor may consider selling a smaller block of nine garages separately for £130,000, allowing a phased or lower-cost purchase. Tenure is not specified and should be confirmed before exchange.
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