Summary - 373 CENTRAL DRIVE BLACKPOOL FY1 5JN
7 bed 5 bath Apartment
Recently renovated five-flat block, ready for immediate rental income.
Freehold block of five flats: 1 studio, 3 x 1-bed, 1 x 2-bed
A recently renovated block of five apartments in Central Blackpool, offered freehold and chain-free. The building currently houses one studio, three one-bed flats and one two-bed flat, all vacant and ready for re-letting. Advertised gross rental potential is around £35,000 per year, making this a straightforward addition to an investor portfolio.
The block benefits from a central location close to the promenade, town centre and public transport links, with local amenities and several primary schools within easy reach. Internally the apartments have modern finishes, double glazing (install date unknown) and simple, low-maintenance fittings suited to rental demand.
Buyers should note clear operational drawbacks: the area is very deprived with very high recorded crime and demand from constrained renters—this affects tenant mix and management needs. Heating is by electric room heaters and the cavity walls are assumed to have no added insulation, which may mean higher running costs or future retrofit expense. The staircase is narrow and circulation space is limited.
Overall this is a practical, income-focused opportunity: newly refurbished and vacant for immediate re-letting, but requiring active management and awareness of higher neighbourhood risk factors and potential energy-efficiency upgrades.
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