Summary - BLACKPOOL WHEELCHAIR SALES AND HIRE, 183, LYTHAM ROAD FY1 6EU
1 bed 1 bath Block of Apartments
Freehold block of three flats plus shop — auction sale requiring refurbishment and rental upside..
Freehold block: three flats plus vacant ground-floor shop
A freehold block of three self-contained flats plus a vacant shop on Lytham Road, offered at auction. The building is a Victorian terraced property with high ceilings and period potential but requires refurbishment throughout; Flat 2 is currently let at £500pcm while the ground and second-floor flats and shop need work. There is a basement with scope for an additional bedroom in the ground-floor flat.
This lot suits a buy-to-let investor or small portfolio buyer prepared to manage an auction purchase and carry out repairs. The property has mixed EPC ratings (D/E) and will need energy and cosmetic improvements to improve rental value. Finance is available but note auction conditions require immediate deposit and buyer fees on exchange.
Location offers proximity to Blackpool promenade, Tesco Express and local amenities, supporting lettings to tourists or local renters. Material negatives: the area is very deprived with very high crime levels, significant refurbishment required, and auction and admin fees apply — factor these into purchase costs and timing.
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