Summary - 24 EMPRESS DRIVE BLACKPOOL FY2 9SD
1 bed 1 bath Not Specified
Multi-let Victorian block near promenade with parking and refurbishment potential.
Four self-contained one-bedroom flats producing £19,200 per annum
This mid-terraced Victorian property comprises four self-contained one-bedroom flats, currently producing £19,200 per annum. All flats are occupied by long-term tenants on assured shorthold tenancies; a Certificate of Lawfulness and a Selective Licence have been reported. The building retains period features such as bay windows, high ceilings and ornate cornices but requires modernization throughout.
The block offers clear investment appeal: multiple income streams under one roof, off-street parking for four vehicles, and proximity to Blackpool town centre and the Promenade. There is scope for rental uplift if modernisation and redecoration are carried out, subject to tenancy arrangements and licence conditions.
Important considerations: the property is located in a very deprived area with a high local crime rate, which can affect tenant demand and yields. The vendor has not been inspected, and the sale will be conducted via online auction — buyers should allow for usual auction terms and pre-purchase due diligence.
This is a practical acquisition for a hands-on investor or portfolio buyer seeking multi-let exposure in North Shore Blackpool. Budget for refurbishment, check licence compliance, and verify tenancy documentation before bidding.
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