2 bedroom House For Sale

Investment Opportunity - Two One-Bedroom Flats | Ribble Road, Blackpool FY1 4AB

To be sold via the Modern Method of Auction.

Martin & Co are pleased to present this freehold investment opportunity, comprising two self-contained one-bedroom flats located in a popular rental area just off Central Drive, Blackpool. This is a modern method of auction sale - ideal for those seeking to expand their rental portfolio. Both units are currently let and generating a monthly income of £866, with scope to increase.

The Property

Ground Floor Flat:
This unit features a bright double bedroom with bay window, a spacious reception room, a galley-style kitchen, and a family bathroom with shower over bath.
- Council Tax Band: A
- EPC Rating: C
- Tenancy Status: Let

First Floor Flat:
Recently refurbished, the first floor flat includes a large reception room with wood-effect flooring, a modern separate kitchen, a stylish bathroom, and a generously sized double bedroom.
- Council Tax Band: A
- EPC Rating: C
- Tenancy Status: Let
Both flats benefit from gas central heating and UPVC double glazing.

Location & Local Amenities

Ribble Road sits in a high-demand residential letting area near Blackpool town centre and just 850 metres from the Central Pier and Promenade. Key local amenities and transport links include:
- Blackpool South Train Station - 950 metres
- Blackpool Central Coach Station - 750 metres
- Bus stops (Central Drive) - 200 metres
- Shops & Supermarkets - Lidl and Iceland within 600 metres
- Blackpool Victoria Hospital - 3.2 km
- Blackpool & the Fylde College (Palatine Campus) - 2.5 km
- St John Vianney RC Primary School - 1.3 km
- South Shore Academy - 2.1 km
This area has a strong rental market driven by demand from working tenants, students, and retirees, and is within easy reach of Blackpool's main attractions and workplaces.

Why Invest?
- Two income-producing units on a single freehold title
- Potential to increase rental income with minor improvements
- High-yielding location with proven rental demand
- Ideal for buy-to-let investors or portfolio builders

Auctioneer Comments:

This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties' personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.