Granville Road, Blackpool

Investment Opportunity - Mid-Terraced Property Arranged as Two Flats (Vacant Possession / No Chain)

An excellent opportunity to acquire a mid-terraced property in Blackpool arranged as two self-contained flats, offering strong rental potential and an attractive projected yield. There is a yard to the rear of the property with a brick built outhouse which is accessible through the ground floor flat and includes a brick built outhouse. The property is sold with vacant possession and no onward chain, allowing investors to proceed quickly and begin refurbishment or letting immediately.

The property comprises a spacious one-bedroom ground floor flat and a generous two-bedroom first floor flat, both providing well-proportioned living accommodation. The kitchens and bathrooms are functional and suitable for rental purposes, allowing an investor to bring the property to a lettable standard with only minimal improvement works.

Both flats benefit from valid Electrical Installation Condition Reports (EICRs) and Gas Safety Certificates (GSCs), providing reassurance for prospective landlords.

While the building would benefit from recarpeting, redecoration and a thorough clean, the works required are relatively minor, presenting an excellent value-add opportunity without the need for major refurbishment.

Based on the starting bid, the property is expected to deliver a gross yield of approximately 15.75%, making it a compelling proposition for buy-to-let investors.

Estimated Rental Income

Ground Floor 1-Bed Flat: circa £500 PCM

First Floor 2-Bed Flat: circa £550 PCM

Total Potential Income: circa £1,050 PCM (£12,600 per annum)

The property is also well positioned to benefit from the ongoing multi-million-pound regeneration of Blackpool, which continues to attract significant investment into the area. This makes the property particularly appealing for investors seeking both strong rental returns and potential future capital appreciation. 

GROUND FLOOR  

COMMUNAL ENTRANCE 4' 0" x 3' 1" (1.22m x 0.94m)  

FLAT 1  

LIVING ROOM 15' 0" x 11' 4" (4.57m x 3.45m)  

KITCHEN/DINER 13' 11" x 11' 6" (4.24m x 3.51m)  

BEDROOM 9' 5" x 9' 1" (2.87m x 2.77m)  

BATHROOM 5' 1" x 6' 1" (1.55m x 1.85m)  

FIRST FLOOR FLAT 2  

KITCHEN/LIVING AREA 12' 4" x 15' 0" (3.76m x 4.57m)  

BEDROOM ONE 13' 11" x 9' 7" (4.24m x 2.92m)  

BEDROOM TWO 7' 5" x 9' 2" (2.26m x 2.79m)  

BATHROOM 6' 11" x 6' 1" (2.11m x 1.85m)  

YARD TO REAR  

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 12th April 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.