Summary - 76 BROADWAY BLACKPOOL FY4 2HE
1 bed 1 bath Residential Development
Refurbished six-flat block with immediate rental income and conversion potential..
Gross rental income £29,420 per annum (gross)
Six flats: mix of one-bed flats and studios, mostly recently refurbished
Recent works: new kitchens, bathrooms, roof, gutters and redecoration
Mandatory licensing due to shared shower room for Flats 4 & 5
Small front garden; larger rear garden and shared driveway parking
Area classified as deprived; ageing urban/communal retirement locality
Tenure not specified — buyer to verify ownership and tenancy details
Potential to merge Flats 4 & 5 into one larger apartment
This mid/late-Victorian semi-detached building is arranged as six residential flats, offered as an income-producing investment with gross rental income of £29,420 per annum. The seller reports recent works throughout: new kitchens and bathrooms in most flats, re-roofing, new soffits/fascias, gutters and downpipes, exterior repaint, updated hall/stairs decoration, and up-to-date electrical and fire safety certification. Flats are largely let-ready and the property is described as being in good order internally.
Layout includes a mix of one-bedroom flats and studios across ground, first and second floors, with two studios that share a separate shower room (the property is mandatorily licensed because of that arrangement). There is potential to reconfigure Flats 4 and 5 into a single larger unit if desired. Small front garden, larger rear garden and a shared driveway provide outdoor space and off-street parking for tenants.
Buyers should note material points: the wider area is classified as deprived with ageing urban demographics, tenure is not specified, and the property sits in an area described as 'communal retirement' which may influence tenant mix and demand. While the building has been renovated and maintained, purchasers should confirm licence conditions, tenures, and service records during due diligence.
This proposition will suit investors seeking a characterful period block with immediate rental income and short-term upsides from internal reconfiguration or management optimisation. Internal viewings are recommended to appraise each flat’s layout and condition in person.
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