- Located Close To Shops
- Located Close To Amenities
- Located Close To Promenade
This property presents a golden opportunity for potential investors.
The property generates an annual return of £23,400, translating to an impressive yield of nearly 10%.
It is a freehold, semi-detached property comprising five self-contained 1-bedroom flats spread across three floors.
Each flat offers a lounge/kitchen area, a shower room, and a bedroom, catering to comfortable living.
Conveniently situated near shops, amenities, and the promenade, the property holds substantial rental potential.
Given the current demand for rental properties, with an average rent of £385 per flat, there is room for higher valuation post minor improvements.
Moreover, with the ongoing Blackpool investment slated for completion in five years, the property's value could potentially surge by around 20% from its current value.
Council tax band: A