1 bed flat for sale

Blackpool FY1

The final one bedroom apartment is now back to market at Blackpool Bay. It is a boutique development of 65 one and two bedroom apartments in Blackpool's central seafront district, a short walk from Blackpool Tower, the Winter Gardens and the promenade.

The apartment is on the fifth floor with approximately 582 sq ft of internal space, priced at £155,000 (around £266 per sq ft). Projected rent of £900 pcm delivers an estimated 7.0% gross yield, or 6.4% after the estimated £900 annual service charge. The apartment is sold on a 999-year lease with no ground rent.

Payment structure:

5% reservation deposit (£7,750)
30% across 20 monthly payments of £2,325
65% balance (£100,750) on completion, via cash or buy-to-let mortgage
£1,500 + VAT upfront legal fee at reservation

Why Blackpool:
Blackpool is one of the UK's highest yielding buy-to-let markets. Average property prices sit around £130,000, and average rental yields across the central area are around 6.7%. The town is in the middle of a £2 billion regeneration programme. It includes the £300 million Blackpool Central leisure scheme, the Silicon Sands Enterprise Zone bringing digital and technology jobs to the airport site, and a £65 million town centre college campus.

Blackpool North station is a 10-minute walk away, with direct rail services to Manchester and Liverpool. The tram runs the length of the promenade, and the M55 links to the M6 for Preston and Manchester.

The apartment suits long-term tenancies in a market with strong local rental demand. Subject to lease terms, it also offers short-let potential in one of the UK's most visited seaside resorts.

To request the full unit breakdown, contact tk Property Group on or .

Projected rents and yields are estimates based on current market data and are not guaranteed. Images are CGIs for illustrative purposes only.