Ribble Road, Blackpool
- PROPERTY TYPE
Terraced
- BEDROOMS
2
- BATHROOMS
2
- SIZE
955 sq ft
89 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Two Residential Apartments
- Tenants in Situ
- Modern Method of Auction
- Excellent Location
- Investment Opportunity
- Currently generating £866pcm
Description
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.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- On street,Permit
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Ribble Road, Blackpool
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Visit our security centre to find out moreDisclaimer - Property reference 100579008225. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Martin & Co, Blackpool. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Martin & Co, Blackpool on 01253 835489.
*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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