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Warbreck Drive, Blackpool... Property for sale
Warbreck Drive, Blackpool, Lancashire, FY2 9RZ
£159,000
Warbreck Drive, Blackpool, Lancashire, FY2 9RZ
£159,000
Our Summary
- *Huge Potential to Increase Income** Investment Property * Comprising 3 x Self-Contained Tenanted Flats - with an additional top floor flat that would make a 2 bed flat once renovated, this would potentially become the 4th flat* North Shore, Blackpool* Close to Queens Promenade & Amenities* Substantial 3 Storey Property* Currently Draws £21,504 per annum* Garage* Long Standing Tenants* Priced to SellThis substantial 3 storey property comprises 3 x self-contained tenanted flats - there is an additional top floor flat that would make a 2 bed flat once renovated, this would potentially become the 4th flatThe top floor flat doesn't have any planning permission currently however there is planning permission for the 3 tenanted flats
- The property currently draws £21,504 per annum but has the potential to rise to in the region of £37,000 per annum
- The property has long standing reliable tenants in place and huge potential
Description
This substantial 3-storey property in North Shore, Blackpool, offers huge potential to increase income with its three self-contained tenanted flats and an additional top floor flat that could be converted into a fourth flat, potentially generating an additional £15,000 per annum. The property currently draws £21,504 per annum and is situated close to the prestigious Queens Promenade and amenities. With long-standing reliable tenants in place, the property offers a stable income stream. The top floor flat does not have current planning permission, but there is permission for the existing three flats. The property has a garage and is priced to sell, making it an attractive investment opportunity for those looking to increase their rental income.