The Promenade, Blackpool
- PROPERTY TYPE
Apartment
- BEDROOMS
2
- BATHROOMS
1
- SIZE
729 sq ft
68 sq m
Key features
- Final two bedroom remaining
- 7.3% projected gross yield
- £1000 pcm projected rent
- 999-year lease, zero ground rent
- 5% deposit, 30% over 20 months
- Completion Q3 2027
- Approx. 729sq ft, third floor
- Moments from Blackpool Tower
- £2bn town regeneration underway
Description
The apartment is on the third floor with approximately 729 sq ft of internal space, priced at £165,000 (around £226 per sq ft). Projected rent of £1,000 pcm delivers an estimated 7.3% gross yield, or 6.7% after the estimated £1,000 annual service charge. The apartment is sold on a 999-year lease with no ground rent.
Payment structure:
5% reservation deposit (£8,250)
30% across 20 monthly payments of £2,475
65% balance (£107,250) on completion, via cash or buy-to-let mortgage
£1,500 + VAT upfront legal fee at reservation
Why Blackpool:
Blackpool is one of the UK's highest yielding buy-to-let markets. Average property prices sit around £130,000, and average rental yields across the central area are around 6.7%. The town is in the middle of a £2 billion regeneration programme. It includes the £300 million Blackpool Central leisure scheme, the Silicon Sands Enterprise Zone bringing digital and technology jobs to the airport site, and a £65 million town centre college campus.
Blackpool North station is a 10-minute walk away, with direct rail services to Manchester and Liverpool. The tram runs the length of the promenade, and the M55 links to the M6 for Preston and Manchester.
The apartment suits long-term tenancies in a market with strong local rental demand. Subject to lease terms, it also offers short-let potential in one of the UK's most visited seaside resorts. Two-bedroom apartments in a central seafront location also appeal to sharers, couples and holiday groups.
To request the full unit breakdown, contact TK Property Group on or .
Projected rents and yields are estimates based on current market data and are not guaranteed. Images are CGIs for illustrative purposes only.
Brochures
TKPG Brochure- 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: TBC
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- 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
The Promenade, Blackpool
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Visit our security centre to find out moreDisclaimer - Property reference TB02280926. 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 TK Property Group Ltd, Covering Manchester. 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.
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