ContactPosting for 2+ years
7 bedroom house in Raikes Parade, Blackpool, FY1 4EY
- 1 hour ago
- Seller Type
- Property Type
- Number Of Bedrooms
Below Market Value
Income Producing Block of 7 Self Contained Apartments
* 3 x Studio Apartments and
* 4 x 1 Bed Apartments
Raikes Parade, Blackpool, FY1 4EY
Purchase Price = £250,000
Finderâ--s Fee = £4,000 + Vat
Current Gross Income = £3,128 pcm = £37,536 per annum
CASHFLOW AFTER ALL THE ABOVE COSTS
Managed = £1,673 pcm = £20,076 per annum
Self Managed = £2,048 pcm = £24,576 per annum
For a limited time only, we have managed to secure an income producing block of 7 self contained apartments within proximity to Blackpool City Centre.
The property is fully HMO licensed and has been refurbished recently. Please note 2 of the studio apartments share 1 bathroom
We are awaiting some info from the owner and have factored in costs (assuming the landlord pays the bills). Please note that the cashflow would increase significantly if the tenants pay their own bills. Any interested parties, please contact us and we will confirm either way.
The property is conveniently situated in a location within proximity to great transportation links, City Centre, local shops and all local amenities the city has to offer.
Agent: Property Investor App Limited
Agent Ref: 000061020_42
Ad ID: 1423673278
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