Summary - 50/52 Kent Street & 26/26a North Church Street, Fleetwood, FY7 6AS FY7 6AS
1 bed 1 bath Block of Apartments
Six one‑bed flats with immediate income and refurbishment potential for hands‑on investors.
Freehold corner block of six one‑bed flats, total rent £31,488 pa
A substantial corner freehold in Fleetwood arranged as six self-contained one‑bed flats, currently producing £31,488 pa from assured monthly rents. Three ground‑floor flats benefit from their own front doors, helping lettability and tenant turnover control. The building is solid Victorian brickwork with large windows and dual-aspect street frontage that boosts natural light and kerb appeal.
Income and layout suit a hands-on investor seeking immediate cashflow and scope to add value. Flats are on individual meters; gas central heating serves the main property and the vendor supplies heating to three flats. The 999‑year lease on part of the freehold and separate council tax responsibilities make the legal position relatively straightforward for an owner‑occupier or landlord.
There are important negatives to consider: the area shows very high crime and very high deprivation, which will affect tenant demand and rental growth. The exterior shows visible damage and the building will need renovation and ongoing maintenance. Some flats may require updating to maximise rents and reduce voids. Buyers should budget for improvement costs and carry out their own surveys and checks on services and compliance.
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