Summary - OLD MEADOW COURT 8 OLD MEADOWS LANE BLACKPOOL FY3 9JB
1 bed 1 bath Flat
Income-producing one-bed flat with garage and long lease — investor-friendly opportunity..
Average-sized one-bedroom flat with private garage parking and shared rear garden
Long-term tenant in situ producing £7,500 pa (current income)
Very long lease: 948 years remaining (leasehold)
Approximate gross yield ~7.7% at asking price £97,500
Area classified as deprived; crime rate above average
Internal condition and layout not shown; inspection recommended
Buyer’s Premium applies to secure purchase
Average broadband; excellent mobile signal
This one-bedroom flat on Whitegate Drive is presented as a buy-to-let opportunity with a long-term tenant in situ, producing a current gross income of £7,500 per year. The property includes a private garage and access to a shared rear garden, and benefits from an unusually long remaining lease (948 years), making tenure straightforward for purchasers.
Positioned in an ageing urban community of Blackpool (FY3), the flat will appeal primarily to investors seeking immediate rental income and a stable tenancy. The location offers easy access to local amenities, good mobile signal and average broadband — sufficient for rental demand in the area — but the surrounding neighbourhood is classified as deprived and has above-average crime levels, factors to weigh when assessing rental risk and insurance costs.
The block appears externally well-kept from available imagery, but internal condition and detailed room layouts are not provided. Prospective buyers should request the Let Property Pack, EPC, management/service charge details, and arrange an internal inspection to confirm condition, compliance and precise area measurements before committing.
Note the property is leasehold and marketed with a Buyer’s Premium to secure the sale. For investors this is a clear, income-producing asset with a current gross yield of approximately 7.7% (based on advertised price and current rent), but it requires standard investor due diligence around tenancy documentation, service charges, and local market comparables.
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