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8 bed property, in Knowle Avenue, £240,000
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8 bed flat

Knowle Avenue, Blackpool FY2
Auction
£240,000

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Our Summary

  • For Sale by Online Auction
  • For Sale by Online Auction with a Starting Bid of £240,000
  • See WebbMove for all the Auction Details
  • A rare opportunity for investors to acquire a substantial freehold block of six apartments with two garages, extending to almost 3,000 sq
  • COVERAGE BROADBAND We are advised that the property can obtain Fibre to the Cabinet (FTTC) MOBILE DATA We are advised that you are likely to have mobile coverage We would suggest that you also make your own enquiries as to Mobile Data coverage AUCTION INFORMATION This property is for sale by online auction under WebbMove Auctions ('The Auctioneer')
  • Lots sold by the Auctioneer will typically be sold under unconditional auction terms
  • The auction end date for this property is scheduled for 30th June 2026
  • Most properties can be viewed prior to the auction date either in person or through our virtual 360 tours and can be arranged via Tiger Sales and Lettings
  • For specifics relating to the auction/sale, a buyer should download and review the Legal Pack via The Auctioneer's website, paying special attention to the Special Conditions, the auctioneers' terms and conditions, and the RICS Common Auction Conditions
  • Looking to SELL by AUCTION rather than BUY

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Description

The property is a substantial freehold block of six apartments and two garages, extending to almost 3,000 sq. Ft. in the coastal suburb of Bispham. The block comprises a mix of studio, one-bedroom, and three-bedroom apartments, with all six apartments and both garages fully let.

The property generates approximately £33,400 per annum from rentals, offering an impressive 15% gross yield based on the starting price. The rental accommodation includes a three-bedroom ground floor apartment, four one-bedroom apartments, and a studio apartment, all producing varying levels of rent.