£175,000
Property for sale
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Just added
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£175,000
Property for sale
Reads Avenue, Blackpool FY1Local area information
Property location
Nearby amenities
- Blackpool St John's Church of England Primary School 0.4 miles
- Revoe Learning Academy 0.5 miles
- Blackpool North 0.6 miles
- Blackpool South 1 mile
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Blackpool to find out more about the local area.
Features and description
- To be offered on Wednesday 25 February
- Residential Investment Opportunity
- Freehold Block of 11 Flats
- Eight
- Flats Let on Known Tenanices
- One Flat Confirmed Vacant
- Occupation Unknown on Remaining Flats
- Asset Management Potential
- Erv Approx £70,000-£80,000
- Popular Central Location
- VAT-Free Investment
- Investment Let at
- £50,400
- P.a. (
- 28.8
- % giy on Guide Price) with Potential for Further Income from Unknown Tenancies
Strapline
Auction Sale - 24/02/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -
Residential Investment Opportunity Comprising 11 Flats
Let on Eight Known Tenancies with One Vacant Flat and Two Units of Unknown Occupation
Investment Let at £50,400 (known income)
Description
The property comprises a residential investment opportunity with evident asset management potential.
Arranged across ground, first and second floors, the property comprises 11 flats. Eight flats are let on Assured Shorthold Tenancies (ASTs) with one tenant having no written tenancy but continuing to pay rent. One flat is confirmed as vacant whilst the remaining two flats are of unknown occupancy (please see the accommodation/tenancy schedule for more information).
The property benefits from evident asset management potential via regularisation of the tenancy position and letting of any vacant flats.
The property occupies a prominent pitch fronting Reads Avenue in the heart of Blackpool. The property is adjacennt to Central Drive, the principal conduit street in Blackpool and 0.3 miles from Blackpool Central Pier.
Auction Sale - 24/02/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -
Residential Investment Opportunity Comprising 11 Flats
Let on Eight Known Tenancies with One Vacant Flat and Two Units of Unknown Occupation
Investment Let at £50,400 (known income)
Description
The property comprises a residential investment opportunity with evident asset management potential.
Arranged across ground, first and second floors, the property comprises 11 flats. Eight flats are let on Assured Shorthold Tenancies (ASTs) with one tenant having no written tenancy but continuing to pay rent. One flat is confirmed as vacant whilst the remaining two flats are of unknown occupancy (please see the accommodation/tenancy schedule for more information).
The property benefits from evident asset management potential via regularisation of the tenancy position and letting of any vacant flats.
The property occupies a prominent pitch fronting Reads Avenue in the heart of Blackpool. The property is adjacennt to Central Drive, the principal conduit street in Blackpool and 0.3 miles from Blackpool Central Pier.
More information
Listed by
Savills - National Auctions
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