>
Sponsored Find a Solicitor — free quotes via ReallyMoving
Property
Dickson Road, Blackpool, Lancashire, FY1 2HQ
Auction
£8,000
Next Steps
Sponsored — free quotes via ReallyMoving
Find a Solicitor
Fast conveyancing is critical at auction — compare fees
Our Summary
- Freehold Investment Opportunity
- Potential to increase income through lease updates
- For sale via auction - fees, terms and conditions apply
- An attractive freehold investment opportunity located on the North Promenade area of Blackpool, a well-established and popular location benefiting from strong demand and excellent local amenities
- 69 per flat on two flats, with clear potential to increase income through lease updates on the remaining flats
- Service / Management Charge: £953 per flat per annum across all six flats, generating a stable recurring income, with scope for annual uplift in line with costs and market expectations
Get alerted when similar properties are listed — Subscribe
Description
The property is a freehold block of six self-contained flats located on the North Promenade area of Blackpool, near local amenities, entertainment venues, and hotels. The building is a purpose-built structure with six individual flats, and the income is generated from ground rent on two flats (£313.69 per flat) and a service/management charge of £953 per flat per annum across all six flats, providing a secure and stable income stream.