Summary - OAKVILLE APARTMENTS, 81-83, READS AVENUE FY1 4DG
1 bed 1 bath Block of Apartments
Turnkey 12-apartment investment close to Blackpool attractions with parking and lift access.
- Freehold block with 12 self-contained holiday apartments
- Separate 2-bed owners/manager apartment with private garden
- Passenger lift to all floors and extensive basement storage
- Parking for approximately 15 cars to front, side and rear
- Ground-floor bar/lounge and games room (currently not in use)
- Operated as holiday business since 2004; trading accounts available
- Located centrally near Promenade, Tower and theatres — seasonal demand
- Very high crime area; very deprived locality and student neighbourhood profile
A substantial freehold investment in central Blackpool offering 12 self-contained holiday apartments plus a spacious two-bedroom owners/manager flat. The property benefits from a passenger lift to all floors, extensive basement storage, and parking for approximately 15 cars — rare for a town-centre site. The flats have been operated as a holiday business since 2004 and trading accounts are available to serious viewers.
The building includes a ground-floor bar/lounge and games room (currently not in use), presenting conversion or reopening potential to increase income. Recent works include a renewed flat roof (2025) and three separate gas boilers plus a 3-phase electricity supply capable of supporting commercial use. The location is extremely central — a short walk to the Promenade, Blackpool Tower, Winter Gardens and theatres — which supports strong short-stay demand at peak season.
Buyers should note material challenges: the property sits in a very deprived area with very high recorded crime and a local profile of student and holiday neighbourhoods, which can affect long-term stability and yields. Interiors — including the 1970s bar — will require refurbishment or active ongoing management to maximise returns. Income from holiday lets is seasonal, and continued success will need hands-on oversight or a specialist operator.
This asset will suit investors or operators seeking a turnkey holiday-let portfolio with upside from refit, bar reactivation or repositioning. Viewing is recommended to appreciate scale, layout and refurbishment potential.
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