4 bed block of flats for sale

Lytham Road, Blackpool FY1

Lytham Road, Blackpool, Fy1 6Ey

Yieldit is delighted to present this freehold block on Lytham Road, Blackpool (FY1 6EY), comprising four modernised apartments, a rear garden, a garage, and off-road parking.

The property is fully tenanted and generates an annual rental income of over £20,000, delivering an impressive 11% net yield.

Situated on a busy road with excellent footfall, the property is ideally located close to local shops, restaurants, and Blackpool fc Stadium, making it highly attractive to tenants seeking convenience and excellent local amenities.

This well-performing investment provides immediate income while offering scope to enhance returns through future rent reviews or conversion to short-term holiday accommodation, particularly during the peak tourist season.

Blackpool continues to be one of the UK's most popular coastal destinations, benefiting from year-round rental demand, significant regeneration projects, and increasing investor interest. Combined with affordable purchase prices and strong rental yields, this property represents an excellent opportunity for both income and long-term capital growth.

Don't miss this rare opportunity to acquire a high-yield, fully occupied freehold investment in one of the UK's strongest rental markets. Enquire today for further information or to arrange a viewing.

Value - Add Conversion Potential : The proposed duplex conversion scheme and layout configurations outlined above are conceptual sketches for illustrative and exploratory purposes only. Any incoming purchaser wishing to execute these alterations must undertake their own independent structural engineering surveys, measured building surveys, and formal building control enquiries to confirm final structural feasibility, exact dimensions, and compliance with current UK Building Regulations.

Financial Breakdown

Gross Rent: £21,300.00
Net income: £18,894.00
Gross yield: 12.53%
Net yield: 11.11%
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-08572