Summary - Rear Of Dean Street, Blackpool, FY4 1BP FY4 1BP
1 bed 1 bath Garage
Freehold six-garage block with clear rent-up potential for hands-off investors..
- Freehold block of six lock-up garages
- Four currently let at £60–£65 per month
- Two garages vacant and available for letting
- Rent uplift potential to circa £110–£120 pcm
- Brick-built with slate pitched roofs, 20th-century build
- No services connected to the garages
- Very high local crime and very deprived area
- Small plot with shared hardstanding access
A compact freehold block of six lock-up garages in South Shore, Blackpool, presented as an investor opportunity. The units are brick-built with slate pitched roofs and up-and-over doors, arranged as two opposing rows with a shared hardstanding for access. Four garages are currently let at £60–£65 pcm, two are vacant and used by the vendor. There is clear scope to increase rents to around £110–£120 pcm, reflecting current local market potential.
The site is sold freehold with no services connected. The garages sit within a larger block of eight units; two adjacent garages are excluded from the sale. Construction is utilitarian 20th-century brick and concrete; one or more roofs and doors may need routine maintenance or minor repair. The plot is small and primarily designed for vehicle storage or low-maintenance rental use.
Buyers should note material drawbacks: the property is in a very deprived area with very high local crime levels, and there are no utilities connected to the units. These factors affect tenant demand and insurance costs. This is a straightforward, low-management asset for an investor comfortable with marginal area yields and simple refurbishment to increase rental income.
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