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Description

  • Status:
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Tenanted
  • Bedrooms: 1
  • Council Tax: Search

***IDEAL INVESTMENT OPPORTUNITY. Tenanted first floor 1 bedroom flat located within HIGH DEMAND rental location in the heart of Blackpool Close to a number of amenities. Current rental £6480 per annum

First floor open-plan accommodation. Internal Layout comprises Lounge, mezzanine bedroom, Fully fitted kitchen & separate shower room. Street parking is available to the front of the property.

SUPER YIELD Current income of £6,480 per annum giving outstanding return on investment with a yield of 18.5% at guide price. Apartment in extremely well-maintained and well-positioned building.

Excellent investment property within extremely popular rental/commuter location close to major amenities and close to major transport links. Long standing tenant with a newly signed 12 months lease.

Situated in the hugely popular South Shore residential area of Blackpool within a short distance to the promenade. The property is in prime position for all local attractions, amenities and transport.

***IDEAL INVESTMENT OPPORTUNITY. Tenanted first floor 1 bedroom flat located within HIGH DEMAND rental location in the heart of Blackpool Close to a number of amenities. Current rental £6480 per annum First floor open-plan accommodation. Internal Layout comprises Lounge, mezzanine bedroom, Fully fitted kitchen & separate shower room. Street parking is available to the front of the property. SUPER YIELD Current income of £6,480 per annum giving outstanding return on investment with a yield of 18.5% at guide price. Apartment in extremely well-maintained and well-positioned building. Excellent investment property within extremely popular rental/commuter location close to major amenities and close to major transport links. Long standing tenant with a newly signed 12 months lease. Situated in the hugely popular South Shore residential area of Blackpool within a short distance to the promenade. The property is in prime position for all local attractions, amenities and transport

The property is situated along St Chad's Road, just off the popular Lytham Road in South Shore, Blackpool. The area is a large mix of commercial and residential properties with an extremely high level of footfall and traffic and is a short walk to the promenade. Blackpool is located 9.6 miles south of Fleetwood, 17 miles west of Preston and 50 miles northwest of Manchester. Blackpool is a seaside resort on the Irish Sea coast of England. It's known for Blackpool Pleasure Beach, an old-school amusement park with vintage wooden roller coasters. Built in 1894, the landmark Blackpool Tower houses a circus, a glass viewing platform and the Tower Ballroom, where dancers twirl to the music of a Wurlitzer organ. Blackpool Illuminations is an annual light show along the Promenade. Blackpool's major attractions and landmarks include Blackpool Tower, Blackpool Illuminations, the Pleasure Beach, Blackpool Zoo, Sandcastle Water Park, the Winter Gardens, and the UK's only surviving first-generation tramway.

Full Address: 41 St Chads Rd, Flat 3, Blackpool, FY1 6BP

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Map & Location

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Tenancy Details

Type of Agreement: Short Assured Tenancy (SAT)
Length: 1 year
Rent: £6,480 per year / £540 per month
Yield: 24% (approx)
Tenant: Private Individual
Notes: Tenant currently paying £540pcm due to increase to £600pcm

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Pricing Information & Bidding

Opening Bid: £27,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

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Auction Details

Date & Time: 26 June 2025, 10am-3pm
Type: Timed Online Auction

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