4 bedroom block of apartments for sale

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4 bedroom block of apartments for sale

General Street, Blackpool, FY1 1RW
£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, comprising a freehold block of three apartments, 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, Blackpool North train station, and local amenities, making it an attractive option for tenants working in tourism, hospitality, and retail sectors. The building is fully let, generating immediate rental income 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%.