Summary - 40, WOODFIELD ROAD FY1 6AX
1 bed 1 bath Hospitality
Three refurbished holiday flats by South Shore promenade — income-producing and auction-ready..
3 x 2-bed self-contained holiday flats, freehold
A rare seaside investment: this substantial three-storey mid-terraced building contains 3 x 2-bedroom self-contained holiday flats directly adjacent to Blackpool’s South Shore promenade and Pleasure Beach. Recently refurbished throughout with a new slate roof fitted in 2024, the property is presented in good order and benefitted from a gross seasonal income of £40,000 last season. Off-street parking for two vehicles is included — a useful city-centre benefit.
The freehold lot totals about 3,972 sq ft across three storeys and is sold at auction, priced to sell. It is well suited to an investor targeting short-term holiday lets or a buyer seeking an operating coastal asset ready for immediate trading. Strong mobile signal and fast broadband support online bookings and guest communications.
Buyers should factor in location-related risks: the immediate area is classified as very deprived with very high local crime statistics and a wider ‘hampered aspiration’ classification. Those factors can affect insurance, management costs, and guest perception. The plot is small with limited parking, and the sale is by online auction with the property not inspected by the seller — purchasers must satisfy themselves by viewing and carrying out due diligence.
This is a pragmatic purchase for an investor who understands the seasonality and operational requirements of South Shore holiday rentals. The refurbishment and recent roof replacement reduce near-term capital expenditure, while the strong last-season gross income shows clear trading potential for an active operator prepared to manage location-based challenges.
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