Summary - 54 PARK ROAD BLACKPOOL FY1 4HT
6 bed 1 bath Commercial Property
Freehold four-flat investment in central Blackpool — strong income and value-add potential at auction.
Four self-contained flats generating £31,800 pa gross
A compact investment block in central Blackpool, offered for sale by online auction with a proven income of £31,800 per year from four self-contained flats. The mid-terraced, period building is freehold and benefits from a forecourt with space for two vehicles and convenient proximity to Winter Gardens, town centre amenities and public transport — strong locational convenience for short-let or longer-term tenants.
The flats are arranged over lower ground, ground, first and second floors and include a mixture of open-plan and split-level layouts. The property is double glazed and centrally heated; individual flat rents are documented (Flat 1: £750pcm, Flat 2: £520pcm, Flat 3: £480pcm, Flat 4: £900pcm). Basement space provides additional storage and the gas meter is located in the cellar.
Important practical considerations are transparent: the area records very high crime and very high deprivation, and the building shows evidence of needing modernization in places (description notes a fixer-upper condition externally). The sale is a retirement sale and will proceed via auction — viewings are recommended and buyers should factor auction terms, fees and possible refurbishment costs into offers.
This lot suits investors seeking immediate rental income and short-term value-add potential through targeted refurbishments. It will appeal to buyers comfortable operating in a higher-risk urban market and prepared to manage tenant turnover and safety considerations in a busy town-centre location.
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