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Property ID: 216012554
Offers Over
£130,000
Location
Faringdon Avenue, Blackpool, FY4
Size
786
Tenure
Freehold
Bedrooms
3
Type of property
Terraced
Current Yield
6.7%
Monthly Income
£725
Property Information

This well-maintained three-bedroom end-of-terrace house is located in Blackpool, within walking distance of various valuable amenities. It is ideal for investors seeking reliable, long-term returns.


This is a brilliant opportunity for investors!


This home features three bedrooms, a lounge, a triple-fixture bathroom, a functional kitchen, a front garden, and convenient off-road parking. Ideally located, the property is within walking distance of the beach and benefits from a direct access road to the nearby motorway, ensuring easy connectivity.


Investment Details:


The property currently generates an annual gross income of £8,700 which the new owner could increase to a market rate of £9,108 with the long-term tenants currently situated. Given the purchase price, this makes it a worthwhile addition to any investor’s portfolio.


Please see the Let Property Pack linked below for more details on this property’s investment potential.


Tenancy Details:


The current tenants have resided in the property for several years and have consistently paid their rent. They have no intentions of moving out and are keen to remain in the property.


Let Property Sales is committed to facilitating a smooth transaction process. To ensure maximum commitment from both parties, a fully refundable buyer's premium may apply to secure the property. This amount is refunded in the event of non-completion.


Cash Purchase
Mortgage
Purchase Price
Assumed purchase price based on home report value
Stamp Duty Tax
Est. Legal Fees
Monthly Running Costs
Letting Agency Fees
Ownership CostsWhat are these?
Calculated Returns
Paisley benefits from an average of 4.5% capital growth. Learn more
Purchase Costs
Based on monthly income of
£725
Cashflow p/m
725
Current Yield
null%
Based on potential rent of
£760
Cashflow p/m
760
Potential Yield
null%
Monthly Income
£725 pcm
Potential Rent
£760 pcm
Length of Tenancy
12 years
Tenant Means of Funding
SELF_FUNDED
Area Capital Appreciation Rate
-
Ground Rent
Freehold
Est. Insurance Costs
unknown
Factor Fees
-
Factor Name
unknown
Total Estimated Costs
unknown
Not available for this property
Not available for this property
Not available for this property
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Running Costs
Ground Rent
Freehold
Est. Insurance Costs
unknown
Factor Fees
-
Factor Name
unknown
Total Estimated Costs
unknown