22 bed block of flats for sale

52-54 Queen Street, Blackpool, Lancashire FY1

Guide Price = £625,000+

**For Sale By Public Auction 22nd April 2026 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**

A Substantial Corner Building Arranged to Provide Five Flats (2 x Two Bedroom, 1 x Three Bedroom, 2 x Four Bedroom) Let to a Social Housing Company Producing £80,621 Per Annum (Reflecting a Gross Initial Yield of 11.5%)

Tenure
Freehold

Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Blackpool Beach are within easy reach. Transport links are provided by Blackpool North rail station.

Description
The property comprises a corner building arranged to provide five flats (2 x two bedroom, 1 x three bedroom, 2 x four bedroom) arranged over lower ground, ground and three upper floors. The property has been recently refurbished.

Accommodation
Lower Ground Floor
Two Bedroom Flat

Ground Floor
Three Bedroom Flat

First Floor
Three Bedrooms Flat

Second Floor
Four Bedroom Flat

Third Floor
Two Bedroom Flat

Tenancy
The property is let on a 20 year Fri index linked lease to a social housing company at a rent of £80,621 per annum.

Open House Viewings: