5 bedroom terraced house for sale

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5 bedroom terraced house for sale

Central Drive, Blackpool, Lancashire, FY1
£159,950

Price History

Initial price £169,950
22/03/25 £159,950
Price Change -5.88%

Description

This fantastic investment opportunity in central Blackpool presents a substantial property converted into five self-contained one-bedroom apartments, offering a high yield potential. The apartments, while requiring some refurbishment and updating, provide spacious living and hold excellent potential for increased rental income, currently estimated at £27,000 per annum. With its prime location close to local attractions and amenities, the property is highly desirable for residents, and the current rental income is £360 per calendar month (periodic tenancy) for Flat 1, with potential rents of £450 per calendar month for the other apartments. This is a superb opportunity for savvy investors looking to capitalize on the thriving Blackpool rental market.