5 bed flat for sale

Withnell Road, Blackpool, Lancashire FY4

For Sale by Online Auction with a Starting Bid of £150,000. A fantastic investment opportunity offering a potential return of approximately £20,000 per annum. This block of five flats is situated in the heart of South Shore, Blackpool, just a short walk from the world-famous Blackpool Promenade and close to a range of local amenities. T&Cs Apply.

Introduction For Sale by Online Auction with a Starting Bid of £150,000. Terms & Conditions Apply. See WebbMove for all the Auction Details.

Investment Opportunity – Block of Five Flats – Guide Price £150,000

A fantastic investment opportunity offering a potential return of approximately £20,000 per annum. This block of five flats is situated in the heart of South Shore, Blackpool, just a short walk from the world-famous Blackpool Promenade and close to a range of local amenities.

To the ground floor, there are two one-bedroom flats, one of which is occupied by a long-standing tenant who has lived in the building for over 40 years. The first floor offers two further one-bedroom flats, both of which are tenanted by reliable long-term residents. On the second floor, there is a recently refurbished one-bedroom flat that is ready to be let to a new tenant, offering the opportunity to quickly secure additional rental income.

This is an ideal purchase for investors looking for a strong yield with an established rental history. The property is well located for transport links, shops, and leisure attractions, ensuring strong ongoing demand from tenants. Early viewing is highly recommended to fully appreciate the potential this property presents.

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 17th July 2025. Please note some circumstances can cause this date to change, and it may close before the scheduled end date.

Upon acceptance of their bid, the winning bidder will be required to pay both a deposit and a buyer's premium within 24 hours. Typically, this will be 10% of the sale price and 4% plus VAT of the sale price (subject to a minimum of £4,000 plus VAT) respectively. The deposit will form part of the sale price on completion of the sale, the buyer's premium will be retained by The Auctioneer as a fee for their services.

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.

Prospective buyers will be required to register with The Auctioneer, upon doing this they will be able to download legal information and place bids. Visit the Auctioneer's website to register, in-line with anti-money laundering regulations, a prospective buyer's identity will have to be verified before a bid(s) can be placed.

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. We recommend seeking the advice of a competent legal advisor before placing a bid.

Looking to sell by auction rather than buy? Get in touch for your free valuation! You never know, your property may be worth more than you think.

WebbMove Auctions is a trading name of Tiger Sales and Lettings Ltd.