Four flats with conversion potential near Queens Promenade and ready for active management.
Freehold substantial three-storey Victorian terrace
A substantial three-storey Victorian terraced investment offering four permanent flats in North Shore, Blackpool, sold freehold by auction. The building currently produces £21,504pa from three let units, with the second floor laid out as one flat and clear potential to convert it into two self-contained units subject to planning permission. A garage with a new roof and paved yard add practical value.
Long-standing tenants provide immediate income, and the property’s location close to Queens Promenade and local amenities supports rental demand. Flats 2–4 operate on electric meters only; Flat 1 has central heating. An L2 fire alarm is installed.
Buyers should note material local and property considerations: the area is classified as very deprived with high local crime, and there is scope for rental uplift but conversion requires planning. The property is sold at auction as a starting bid, so factor in auction fees and sale terms when assessing purchase costs.
For an investor comfortable with hands-on asset management and letting in a challenging urban market, this terrace offers clear upside through reconfiguration, modernisation, and active rent review. Viewing is recommended to assess condition and conversion potential firsthand.
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