Land for saleNelson Road, Blackpool, Lancashire, FY1
Guide Price* £52,500
- Building plot for 4 x 2 bedroom flats
- Desirable seaside location
- Easily lettable prospects
- Anticipated gross development value in the region of £300,000
The subject plot is located on Nelson Road which is between the south and central pier and is just a 2 minute walk from Blackpools famous promenade overlooking the Irish Sea.
Blackpool tower is just 0.8 miles from the subject property.
As a result of this unique location the flats will be in extremely high demand for either long term lettings for residents or as holiday flats where in the summer months and during the world renowned illuminations they can demand in excess of £900 per week.
On the 2nd October 2012 planning consent was granted by Blackpool Council to demolish an existing hotel and erect a four storey building to form 4 self-contained permanent flats.
The hotel has already been demolished providing a good sized level buildable plot.
All 4 flats share a main entrance vestibule have two good sized bedrooms, a large lounge, spacious kitchen / dining area and bathroom. The ground floor flat has the benefit of a small garden.
In addition a bike shed has been allocated for residents.
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*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
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