11 bed block of flats for sale

Blackpool Portfolio (Hesketh Avenue, General Street And Lytham Road) FY1

Blackpool Portfolio (Hesketh Avenue, General Street And Lytham Road)

A fantastic opportunity to acquire a ready-made residential portfolio of three tenanted apartment blocks in Blackpool, offering a total of 10 self-contained units and generating over £50,000 per year in rental income.

Located on Hesketh Avenue (FY2 9JX), the first block consists of 3 well-maintained flats in a quiet North Shore location. Popular with long-term tenants, it’s close to local amenities, schools, and public transport, making it ideal for consistent occupancy.

The second property on General Street (FY1 1RW) features 3 spacious units in a central Blackpool location near the seafront and Blackpool North train station. This area is in high demand from tenants working in tourism and retail.

The third and largest block at on Lytham Road (FY1 6EY) offers 4 modernised apartments. Located on a busy road with strong footfall, it's close to shops, restaurants, and Blackpool fc stadium—perfect for attracting tenants seeking convenience and accessibility.

This well performing portfolio delivers instant income with potential to increase yields further through rent reviews or conversion to short-term lets, especially during peak tourist seasons.

Blackpool remains one of the UK’s most popular coastal towns, with year-round demand, major regeneration projects, and growing investor interest. With affordable purchase prices and high rental returns, this portfolio offers excellent value and long-term growth.

Don’t miss out on this rare chance to secure a high-yield, fully occupied property portfolio in a thriving rental market. Enquire today for more details or to arrange a viewing.

Financial Breakdown

Gross Rent: £52,909.00
Net income: £46,575.00
Gross yield: 13.39%
Net yield: 11.79%
Please contact agent for full financial breakdown.

Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-08131