FY1 5EA - 1 bed parade shop with flat in Central Drive, FY1 5EA

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Mixed use property for sale in 152/152A Central Drive, Blackpool, Lancashire, FY1

Summary - 152, Central Drive, BLACKPOOL FY1 5EA

1 bed 1 bath Mixed Use

Income-producing parade unit with first-floor flat — strong yield, town-centre risks..
Ground floor open-plan retail unit with traditional shopfront
First-floor self-contained flat presented to a good standard
Current rental income £11,800 pa (stated) — gross yield c.9.8%
Small plot; no external garden space visible
Tenure not specified — buyer to confirm title and lease details
Located close to Blackpool town centre; parade footfall variable
Area classified very deprived; recorded crime level very high
Internal inspection essential to confirm layout and condition
This mixed‑use parade unit on Central Drive offers a straightforward income-producing opportunity close to Blackpool town centre. The ground floor is an open-plan retail unit with a traditional shopfront; the self-contained first-floor flat is presented to a good standard and currently let, producing combined rental income of £11,800 pa. At the asking price of £120,000 the property represents a gross yield of about 9.8% (income and price as stated).

The building footprint is compact — typical of mid-parade retail with no notable external garden — so the asset suits investors targeting rental income and easy-to-manage urban holdings rather than owner-occupiers seeking outside space. Broadband speeds are average but mobile signal is excellent, supporting occupiers and small businesses that rely on mobile connectivity.

Buyers should note material area considerations: the address sits within a very deprived ward with very high recorded crime, factors that may affect tenant demand and long-term capital growth. Tenure details are not provided and internal inspection is essential to confirm layout, condition and services before purchase. The property’s small plot and parade location limit expansion potential but keep management straightforward.

This is a clear, compact let asset for a cash-focused investor comfortable with town-centre market dynamics. It offers immediate income with scope to review rents or refurbishment at re-letting, but it is best suited to buyers who have assessed local market risk and verified tenure and service condition on inspection.

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