Station Apartments

Station Apartments, 52 Queen Street, Blackpool offers modern service accommodation in the heart of Blackpool. These contemporary apartments are designed with comfort and convenience in mind, making them ideal for both professionals and families. Each apartment features spacious, open-plan living areas, stylish kitchens equipped with modern appliances, and well-appointed bathrooms. Large windows provide plenty of natural light and provide brilliant views of Blackpool’s main attractions. Bedrooms are generously sized, offering plenty of storage and provide a peaceful retreat for visiting guests.

The property consists of 4 x 3-bedroom flats and 1 x 2-bedroom flat, offering investors diversified income streams from multiple units within the same building. If one unit experiences vacancy, the others can still generate income, minimizing risk and ensuring steady cash flow.

Located on Queen Street, these apartments provide easy access to Blackpool’s vibrant town centre with its range of shops, restaurants and entertainment venues. The famous Blackpool Tower, Winter Gardens and seafront are all just a short stroll away. With excellent public transport links, including proximity to Blackpool North train station, guests will find travelling to and from Station Apartments hassle-free.

This property offers strong returns, particularly because of its Airbnb model. The gross yield of 13% is well above average for typical long-term rentals and even after accounting for the higher expenses associated with short-term letting, the net yield of 8.67% is still very impressive.

Since the property has already been refurbished to a high standard, there is no additional capital expenditures required, making it a turnkey investment with immediate cash flow potential.

• Stamp duty (£0.00) – Buying Ltd company shares
• Solicitors (£750)
• Insurance (£2,500)

The property’s location on Queen Street places it in close proximity to the town centre, promenade, beaches and key tourist hotspots. The surrounding area is known for its vibrant atmosphere which makes it a prime location for visiting guests.

Blackpool is one of the UK’s most popular seaside destinations and attracts millions of visitors each year for its entertainment, events and iconic attractions like the Blackpool Tower, Pleasure Beach and the Illuminations. The constant flow of tourists, means that short-term rental properties are always in demand, especially during peak seasons. This ensures a steady stream of guests for the apartments throughout the year.

The recently completed North Station Tram Terminal is located opposite the apartments. The £350m development consists of a four storey 144-room hotel alongside a Marco Pierre White New York Italian restaurant, business conferencing facilities and extension to the tram network.