Summary - 24 EMPRESS DRIVE BLACKPOOL FY2 9SD
4 bed 1 bath Commercial Property
Close to the Promenade with immediate rental income and parking.
- Four self-contained flats producing £19,200 per annum
A compact income asset positioned in North Shore, close to Blackpool town centre and the Promenade. The mid-terraced Victorian building houses four self-contained flats currently producing £19,200 pa with scope for rental uplift. Each flat has its own combi boiler and separate utilities; EPCs are C.
The property comes with an established Certificate of Lawfulness and a selective licence in place, and benefits from off-street parking for four vehicles and enclosed communal yard space. Long-term assured shorthold tenancies provide immediate income, making this suitable for a hands-on landlord or portfolio investor seeking a town-centre rental block.
Buyers should note material risks: the building sits in a very deprived area with high local crime rates, and the plot is small with a mid-terrace form limiting expansion. The sale is by online auction with a starting bid of £140,000, so purchasers must allow for auction fees and the usual legal searches. Some external and internal elements appear dated and may require repair or modernisation to maximise rental value.
Viewing is recommended for investors who want an operational income asset with near-term improvement potential. The property’s simple layout and separate utilities simplify management, but budget for refurbishment works and factor local area challenges into yield calculations.
Property for sale in Empress Drive, Blackpool, Lancashire, FY2 9SD, FY2 — £140,000 • 1 bed • 1 bath
Commercial property for sale in Warbreck Drive, Blackpool, Lancashire, FY2 — £160,000 • 4 bed • 1 bath
Commercial property for sale in Park Road, Blackpool, Lancashire, FY1 — £240,000 • 6 bed • 1 bath
Property for sale in Park Road, Blackpool, Lancashire, FY1 4HT, FY1 — £240,000 • 1 bed • 1 bath
Property for sale in Warbreck Drive, Blackpool, Lancashire, FY2 9RZ, FY2 — £160,000 • 1 bed • 1 bath
Residential development for sale in Coniston Road, Blackpool, Lancashire, FY4 — £200,000 • 3 bed • 1 bath
