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8 bed property, in Reads Avenue, £175,000
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8 bed flat

Reads Avenue, Fylde FY1
£175,000

Our Summary

  • Investment opportunity
  • Situated within the popular Central area of Blackpool (FY1), this substantial freehold property presents an exceptional investment opportunity
  • Arranged over three floors plus a basement and currently informally configured as six self-contained apartments (subject to the necessary planning consents and selective licensing requirements), the accommodation comprises two studio apartments, two one-bedroom apartments, and two two-bedroom apartments
  • With significant scope to add value and create a strong income-producing asset, the property offers excellent potential for both experienced landlords and developers alike

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Description

The property is a substantial freehold property arranged over three floors plus a basement, situated in the Central area of Blackpool. It currently consists of six self-contained apartments: two studio apartments, two one-bedroom apartments, and two two-bedroom apartments. The apartments vary in size, ranging from 14 square meters to 41 square meters, and have different Energy Performance Certificates (EPCs) ratings from C to D.

Each apartment comprises a kitchen, reception room, and bathroom, with some featuring additional rooms such as second bedrooms, showers, or separate WC facilities.