Flat 3, Lynton Apartments, 227, Promenade, BLACKPOOL, Lancashire, FY1 5DL

Description

Long Leasehold First Floor Holiday Apartment, Full Vacant Possession, Holiday Letting Opportunity (see notes) 3D Tour: Click Here Location; The property is located in a block right in the heart of Blackpool and on the promenade. This is a central location ideal for access to all the facilities and recreational pursuits available within Blackpool and, just over 1 mile from both train stations at Blackpool South and North. Accommodation: One Bedroom, Reception Room, Kitchen, Bathroom/wc EPC Rating: D Council Tax Band: Not Listed Note: This flat is registered as a holiday let and cannot be used as a permanent residence. Whilst bidders must rely on their own enquiries, the auctioneers understand that as a furnished holiday let the flat could command an income of some £40 to £60 per night. To view: 27/8, 29/8, 2/9 at 10am, 5/9 at 9:30am No booking required – Please arrive at the time stated

Location

Property located at Flat 3, Lynton Apartments, 227, Promenade, BLACKPOOL, Lancashire, FY1 5DL.

Investment Analysis

Investment Snapshot

Property & Refurbishment

Initial feasibility allowance: £5,000–£10,000. This is not a contractor quotation and should be confirmed following inspection and detailed scope.

Rental Analysis

No reliable auctioneer-published current rent was identified in the supplied scrape. Market rent should be independently verified before bidding.

GDV / Resale Analysis

No independent RICS/Land Registry comparable valuation has been inserted solely from the scraped auction data. End value should be confirmed against recent genuinely comparable transactions before bidding.

Properties Sold Within Approx. 5 Miles

No independently verified sold comparables are inserted from the auction scrape alone. Confirm recent Land Registry/RICS comparable evidence before relying on a GDV.

Investor Risks & Due Diligence

• Review the full legal pack and title before bidding

• Confirm all auction administration / contract charges

• Verify property condition and obtain appropriate surveys

• Confirm refurbishment costs with contractor quotations

• Confirm lease length, ground rent, service charge and major works

Recommendation

Preferred strategy: Buy-to-Let / Owner-Occupier. This recommendation is an initial appraisal based on the auctioneer's published property information and should be tested against the legal pack, inspection, finance and local market evidence.

Strategy Rating

Buy-to-Let: ★★★★☆

BRRR: ★★★☆☆

Flip: ★★★☆☆