A portfolio of 1-bedroom and studio flats located in Blackpool. There are various valuable amenities within walking distance of the properties and are able to generate fantastic rental returns.
For investors looking for a rewarding investment, this is a brilliant opportunity!
This listing comprises the following property addresses:
220 Central Drive, Blackpool, FY1 5HY
- This property consists of five self-contained flats, each featuring one bedroom, a lounge, a kitchen, and a bathroom.
222 Central Drive, Blackpool, FY1 5HY
- This property includes five self-contained flats, each featuring a bedroom, lounge, kitchen, and bathroom.
36 Gramsmere, Blackpool, FY1 5HT
- This property includes four individual flats, each designed with a bedroom, a living area, a kitchen, and a bathroom.
50 Westmorland Avenue, Blackpool, FY1 5PG
- This property consists of two studio flats, each with a private kitchen and bathroom, along with three one-bedroom flats that share a communal kitchen and bathroom.
Investment details
The properties currently produces an annual gross income of £90,168 which could be increased by the new owner to a market rate of £98,400 with tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.
For greater detail on this property's investment potential, please see the Let Property Pack linked below.
If you are interested, please call us.
Let Property is committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.
Provided by the seller as verbal and written confirmation and documentation will be provided at Completion once the property has been secured.
Provided by the seller as verbal and written confirmation and documentation will be provided at Completion once the property has been secured.
Length of Tenancy has been verified by Let Property by reviewing the date from when the provided tenancy documentation began.
Self Funded
Length of Tenancy information has been provided by the seller as verbal and written confirmation.
Verified as Leasehold
Property Tenure documentation has been provided to Let Property and has been Verified.
EICR documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.
Gas Safety documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.
Council Tax Band: A
Interactive street-level view of the property location and surrounding area.