4 bed block of flats

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4 bed block of flats

General Street, Blackpool FY1
£145,000

Our Summary

  • Prime investment opportunity of three flats in Central Blackpool
  • The building is fully let, generating immediate rental income with potential to further enhance yields through rent reviews or potential holiday-let conversions to take advantage of Blackpool’s thriving visitor economy
  • With professional management already in place, this is an excellent hands-off investment opportunity in a high-demand location
  • Investment opportunity

Description

This is a prime investment opportunity in Central Blackpool, offering a mix of spacious accommodation in the form of three flats, including a two-bedroom garden flat on the ground floor and two one-bedroom flats above. The property is located in a central position close to the seafront, train station, and local amenities, making it a highly sought-after location for tenants. The building is fully let, generating immediate rental income, and with potential to further enhance yields through rent reviews or potential holiday-let conversions. With professional management already in place, this is an excellent hands-off investment opportunity in a high-demand location, offering a gross yield of 11.51% and a net yield of 10.29%.