Income-producing terrace near the Promenade with development upside STPP.
Three self-contained flats producing £15,480pa
A compact residential investment in Blackpool’s Fy4 postcode, this Victorian mid-terrace comprises three self-contained flats currently producing £15,480 per year. The building shows period character externally with bay windows and high ceilings, while recent safety improvements include an up-to-date fire alarm and a full re-wire completed about two years ago.
There is immediate rental income in place and clear scope to increase returns: the lower ground floor could be developed subject to planning permission (STPP). Interiors are a mix of original and updated rooms — some flats have modern kitchens but the block overall would benefit from cosmetic refurbishment and continued maintenance to maximise rents.
Practical considerations are straightforward: the plot is small with a paved frontage, tenure is not specified, and the property sits in a very deprived area with above-average crime statistics. Its close proximity to the Promenade and local amenities supports lettability, but prospective buyers should factor in local market conditions and potential improvement costs.
This opportunity suits an investor or small portfolio buyer looking for an income-producing, period building with short-term uplift potential from works or further development (subject to planning). Financial and legal due diligence is recommended, including checks on tenure, service arrangements and local planning constraints.
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