£225,000
Trafalgar Road, Blackpool, FY1
- 4 beds
£225,000
- 4 beds
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Presenting an exceptional investment opportunity, offering multiple income streams in one prime location on the doorstep of the world-famous Blackpool Promenade. This property comprises three distinct units: 1 Trafalgar, 3 Trafalgar, and 3a Trafalgar, each offering significant rental potential and situated in one of the UK's most iconic seaside destinations.
1 Trafalgar is currently operated as Jimmy's Cafe, generating a steady income of £100 per week (£5,200 per annum). The premises feature a cozy café, a fully-equipped kitchen, a toilet, and a spacious basement perfect for storage.
3 Trafalgar has recently undergone extensive refurbishment and holds great potential for a profitable AirBnB business, offering a generous return on investment. The property includes an entrance hallway with stairs leading to the first and second floors, 4 bedrooms, a spacious lounge, 3 bathrooms, and stunning sea views. This unit could generate approximately £1,400 per month (£16,800 per annum) as a rental property.
3a Trafalgar, located to the rear, is a well-maintained four-bedroom house spread across 3 floors, currently occupied by tenants, achieving £180 per week (£9,360 per annum).
Located just steps from Blackpool's famous promenade, this property benefits from proximity to major attractions like the Blackpool Tower, Winter Gardens, Pleasure Beach, and numerous shops, restaurants, and entertainment venues. Blackpool is one of the UK's leading tourist destinations, attracting millions of visitors each year and offering a thriving hospitality market. The town is also well-connected, with excellent transport links by road, rail, and air, making it a popular spot for both holidaymakers and business investors.
In total, these three properties offer a potential annual income of £31,360, with room for growth. Whether you're starting or expanding your portfolio, this is a fantastic chance to secure a versatile investment with substantial returns in one of the UK's most sought-after locations.
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 14th April 2025. 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.
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