Guide price
£625,000
22 bed block of flats for sale52-54 Queen Street, Blackpool, Lancashire FY1
22 beds
Auction
Freehold
About this property
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:
**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:
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Monthly repayment
£3,126 per month
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