203 Dickson Road, Blackpool FY1 2HQ

FOR SALE BY AUCTION - Freehold Investment Opportunity – Dickson Road, Blackpool, FY1 2HQ An attractive freehold investment opportunity located on the North Promenade area of Blackpool, a well-established and popular location benefiting from strong demand and excellent local amenities. The freehold comprises a purpose-built block of six self-contained flats, positioned within close proximity to the promenade, entertainment venues, hotels, shops, and local services. Income Overview: Ground Rent: Currently £313.69 per flat on two flats, with clear potential to increase income through lease updates on the remaining flats. Service / Management Charge: £953 per flat per annum across all six flats, generating a stable recurring income, with scope for annual uplift in line with costs and market expectations. This asset offers an investor a secure income stream with further upside potential, underpinned by a prime Blackpool location and long-term demand for residential accommodation. This Property is Being sold by TAUK Modern Method Auction. Modern Method Auction is a faster and more secure way to sell or purchase a property, where the seller and the buyer commit to the transaction and an agreed fixed timescale. A legal pack (including searches) will be created upfront and made available to any interested parties and passed to the conveyancers once a sale has been agreed. Please contact TAUK to view these documents. When an offer is accepted, the buyer will be required to pay a non-refundable Reservation Fee of £5,000 including VAT (in addition to the final negotiated selling price), sign a Reservation Form and agree the Terms and Conditions prior to solicitors being instructed. If you require a copy of these documents, or for further information, please contact the TAUK Team.