Blackpool - 28% Below Market Value Income Producing Block of 4 x 1 Bed Flats - Click for more info

Blackpool, Lancashire
£112,000.00

Property Investors App

Posting for 2+ years

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Contact Property Investors App


propertyinvestorapp.co.uk

Property Investors App

Posting for 2+ years

See all ads

Contact Property Investors App


propertyinvestorapp.co.uk
Posted
2 days ago
Seller type
Agency
Property type
Flat
Number of bedrooms
4

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

28% Below Market Value

Income Producing Block of 4 x 1 Bed Flats

Coop Street, Blackpool, FY1 5AJ

Purchase Price = £112,000

Market Value = £156,000

Finder’s Fee = £4,000 + Vat

Current Gross Income = £1,400 pcm = £16,800 per annum

CASHFLOW AFTER ALL THE ABOVE COSTS

Managed = £852 pcm = £10,224 per annum

Self Managed = £1,020 pcm = £12,240 per annum

For a limited time only, we have managed to secure an income producing block of four apartments within proximity to Blackpool Town Centre.

The flats are freehold and under split titles. Flats are currently tenanted with each tenant paying £350 pcm inclusive of utilities – electric and water, there is no gas in the property. Each flat has its own separate council tax bills to pay.

Flats 1 and Flat 4 have their lounge and kitchen area with separate bedroom & bathroom
Flat 2 and Flat 3 has a lounge / kitchen with separate bedroom & bathroom.
The property is conveniently situated in a location within proximity to great transportation links, Town Centre, and all local amenities.

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: 1413361264


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