No longer on the market
This property is no longer on the market
Floorplans (
Map2 bedroom terraced house
Auction
Terraced house
2 beds
2 baths
Key information
Features and description
- Two Residential Apartments
- Tenants in Situ
- Modern Method of Auction
- Excellent Location
- Investment Opportunity
- Currently generating £866pcm
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.
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.
About this agent
In June 2022 Martin Hetzel and James Eccleston became the new owners of Martin and Co Blackpool. Both owners have a strong passion for property and have been landlords and property investors for several years with extensive experience of using the services of estate agents for their own property matters. They have seen that there can be a vast difference in the level of service offered by different agents in the industry. So, when Martin and James found the opportunity to fulfil their dream of owning their own agency their number one goal was (and still is), to ensure Martin and Co Fylde Coast offers the best possible service to it's customers. At the heart of every decision we make, the first question we ask is, how does this benefit our customer? As customers of estate agents and lettings agents, we see things from the perspective of our customers and we are determined to be different, to be better and offer the service levels we'd want to receive. We believe that the way we will succeed and be true to our vision is through having core values. These values run through everything we and our team do and will ensure that our customers receive the best possible service. Martin and Co Fylde Coast Core Values - Outstanding service Integrity Learning Ownership Positivity Succeed together Blackpool is renowned for its Tower and Pleasure Beach, and is also popular amongst the Buy-to-Let investors, with many customers across the UK choosing to invest in property in the town. With our exceptional local knowledge whether you are looking to let, buy or sell, Martin & Co can provide specialist advice, to buyers, sellers, tenants, and investors alike. Please do get in touch, we'd love to hear from you.