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Blocks of 7 Flats Let Until 2065... 13 bed property for sale
Blocks of 7 Flats Let Until 2065, Blackpool, FY1
£551,746
Blocks of 7 Flats Let Until 2065, Blackpool, FY1
£551,746
Our Summary
- The OPA are thrilled to present an exceptional investment opportunity producing a net rental income of £5,517
- TENURE & INVESTMENT OPPORTUNITY
- Cash buyers preferred
- Cash purchasers preferred
- Long Term Secure Investment Opportunity
Description
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Here is a summarized version of the property description in a single paragraph:
This exceptional investment opportunity offers a net rental income of £5,517.46 per month (£66,209.52 per annum) and a 12% net rental yield. The property consists of 7 fully-tenanted flats, leased to a well-established accommodation provider for 40 years, with a long-term lease lasting until 2065. Located in a desirable residential and tourist area, the property boasts excellent transport links, shops, and amenities, and is situated near the seaside. The property is freehold with a 40-year lease, and the tenant is responsible for bills, council tax, and most internal repairs and maintenance. With a charming layout and beautifully appointed flats, this property offers a worry-free investment with a long-term lease and a strong potential for passive income.