Westcliffe Drive, Blackpool FY3 2 bed apartment for sale

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Westcliffe Drive, Blackpool FY3 2 bed apartment for sale

Westcliffe Drive, Blackpool FY3
£199,950

Our Summary

  • 7% Gross YieldExcellent mixed-use investment opportunity in the heart of Layton
  • This exceptional investment opportunity is situated on Westcliffe Drive, Layton (FY3 7BJ), a bustling and high-footfall area in Blackpool
  • •Strong Yield Potential – Over 7% return, offering a secure and lucrative investment opportunity
  • With tenants already in place the property is generating £17340pa in rent, a strong rental yield, it offers a hassle-free, high-return investment opportunity in a prime location

Description

This freehold investment property in Layton, Blackpool, offers a strong return and is ideal for buy-to-let investors or landlords expanding their portfolio. The property comprises a ground floor commercial unit, currently tenanted on a secure lease, and a two-bedroom residential flat, also tenanted. The commercial unit benefits from prominent street frontage and heavy daily footfall, while the flat offers modern amenities and comfort. The property is fully let, generating an annual income of £17,340, with a gross yield of 8.7%. The location is highly accessible, with Layton Train Station nearby and multiple bus routes running regularly along Westcliffe Drive. The property offers a hassle-free, high-return investment opportunity in a prime location, making it an attractive option for investors seeking strong yields and long-term value.