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10 bed property, in Simpson Street, £300,000
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10 bed flat

Simpson Street, Blackpool FY4
£300,000

Our Summary

  • Great investment opportunity
  • Situated within the popular South Shore area of Blackpool (FY4), this substantial block of 10 fully tenanted apartments presents an outstanding investment opportunity with an immediate rental income of approximately £4,040 PCM (£48,480 per annum)

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Description

The property is a substantial block of 10 fully tenanted apartments situated in the South Shore area of Blackpool. Each apartment has a separate kitchen/diner, lounge, and utility/shower room, with the majority being one-bedroom self-contained studio flats located on various floors. The configuration includes: one ground-floor apartment with two floors, and nine flats located on first and second floors.

The EPC ratings vary across the flats, ranging from C to E, with the monthly rental income for each unit ranging from £300 to £550.