Blackpool - 16% Below Market Value Freehold – Block of 5 Self Contained Flats - Click for more info

Blackpool, Lancashire
£294,000.00

Property Investor App

Posting for 2+ years

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propertyinvestorapp.co.uk

Property Investor App

Posting for 2+ years

See all ads

Contact Property Investor App


propertyinvestorapp.co.uk
Posted
1 day ago
Seller type
Agency
Property type
Flat
Number of bedrooms
5

Description

If you want to see more deals like this, then please visit the Property Investor website or download the 'Property Investor' app by visiting:

Apple Devices : Search for Property Investor in iOS app store
Android Devices : Search for Property Investor in Googleplay app store

If you are an agent/sourcer and have properties you would like to sell on the Property Investor app work with us get in touch by calling : 01902 773940

16% Below Market Value

Freehold – Block of 5 Self Contained Flats

1 x 1 Bed Flat and 4 x 2 Bed Flats

Rigby Road, Blackpool, FY1 5DE

Market Value = Circa £350,000

Purchase Price = £294,000

Finder’s Fee = £5,000 + Vat

Potential Gross Income = £2,773 pcm = £33,276 per annum

CASHFLOW AFTER ALL THE ABOVE COSTS

Managed = £1,598 pcm = £19,176 per annum

Self managed = £1,931 pcm = £23,172 per annum

For a limited time only, we have managed to secure a readymade 5 self-contained flats in Blackpool.

The property has been refurbished to a great standard and offers five permanent flats. Each flat has double glazing, gas central heating, own council tax, EPC rating and gas and electric meters.

Each apartment benefits from a spacious lounge, modern kitchen and shower room, spacious bedrooms and the two-bedroom flats have a second spacious bedroom. There’s also a parking to the rear of the property and a rear yard.

Each flat has been let out to professionals and then recently as holiday lets which has proven to be very successful.

The property is in a location within proximity to Blackpool’s Golden Mile Promenade, close to local amenities, schools with great transport links and motorway links.

If you want to see more deals like this, then please visit the Property Investor website or download the 'Property Investor' app by visiting:

Apple Devices : Search for Property Investor in iOS app store
Android Devices : Search for Property Investor in Googleplay app store

If you are an agent/sourcer and have properties you would like to sell on the Property Investor app work with us get in touch by calling : 01902 773940

Ad ID: 1401617904


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