Guide price
£45,000
(£110/sq. ft)
1 bed flat for saleLaurel Avenue, Blackpool FY1
1 bed
1 bath
1 reception
410 sq. ft
EPC Rating: E
About this property
For Sale By Online Auction
Spacious, Light And Airy One Bedroom First Floor Flat
Approximately 964 Years Remaining On The Lease
Peppercorn Ground Rent Offering Low Ongoing Costs
Own Private Entrance For Added Privacy
Private Rear Yard Providing Outdoor Space
Requires tlc – Fantastic Opportunity To Add Value
Ideal First Investment Or Downsizing Opportunity
Estimated Rental Income Of £550 pcm (Circa 14.6% Gross Yield)
Convenient Location Close To Shops, Amenities And Bus Routes With Easy Access To Blackpool Town Cent
For Sale by Online Auction with a Starting Bid of £45,000. Terms and Conditions Apply. See WebbMove for all the Auction Details.
A spacious, light and airy one-bedroom first floor flat, offering fantastic potential for a range of buyers. With approximately 964 years remaining on the lease (999 years from 1991) and a peppercorn ground rent, this property provides long-term security and low ongoing costs.
Accessed via its own private entrance, the flat also benefits from a private rear yard, adding valuable outdoor space. Internally, the property requires a degree of tlc, which has been sensibly reflected in the asking price, presenting an excellent opportunity for a buyer to create a home tailored to their own taste and style.
Situated in a popular residential area, the property is conveniently located for local amenities including shops and regular bus routes, offering easy access into Blackpool Town Centre.
This would make an ideal first-time investment or a comfortable downsizing option, with an estimated rental income of around £550 per calendar month, representing an attractive gross yield of approximately 14.6% based on the current asking price.
A superb blank canvas with strong potential-early viewing is recommended.
Ground floor entrance 3' 6" x 5' 4" (1.07m x 1.63m)
living room 14' 2" x 9' 10" (4.32m x 3m)
kitchen 7' 4" x 6' 0" (2.24m x 1.83m)
bedroom 12' 4" x 9' 3" (3.76m x 2.82m)
bathroom 5' 10" x 6' 11" (1.78m x 2.11m)
good sized rear yard
coverage broadband
We are advised that the property can obtain Fibre to the Property (FTTP)
Mobile data
We are advised that you are likely to have mobile coverage
We would suggest that you also make your own enquiries as to Mobile Data coverage
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 26th May 2026. 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.
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More information
Tenure
Leasehold (964 years)
Service charge
Council tax band
A
Ground rent
Ground rent date of next review



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