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8 bedroom property for sale
Whitegate Drive, Blackpool, FY3
£340,000
Whitegate Drive, Blackpool, FY3
£340,000
Our Summary
- Welcome to this fantastic investment opportunity
Description
This fantastic investment opportunity features eight individual apartments, each designed for comfort and practicality, and located in a prime area. The property is generating an impressive annual rental income of £38,000, with a yield of 11.78%, making it a solid return on investment. The apartments are EPC grade C and council tax band A, and each has a unique rent and deposit, ranging from £304 to £550 per month. With a rental increase of 5%, the yield would increase to 11.73%, and with a 10% increase, it would reach 12.29%. This is a fantastic opportunity to secure a high-yielding, income-generating investment, with the potential for steady tenant demand and a strong return on investment.