Investment Opportunity: Tenanted Property with over 9% Yield in Blackpool
We are pleased to present Ward Street, Blackpool, FY1 6HQ-a lucrative investment opportunity featuring a tenant in situ and generating a robust 8% annual yield with scope for further potential growth
Property Highlights:
Accommodation comprises;
- Lounge and kitchen diner to ground floor with access to a rear yard.
- Two double bedrooms
- Bathroom to first floor.
Benefits/opportunities;
- Immediate Rental Income: Benefit from a seamless transition with an existing tenant, ensuring continuous cash flow from day one.
- Attractive Yield: Achieve a commendable 8.4% return on investment, enhancing your property portfolio's profitability.
- Competitive Listing Price: Priced at £72,900, this property offers excellent value in a high-demand rental market.
Local Area Information:
Education:
- Blackpool Gateway Academy: A primary school located approximately 380 yards away, providing convenient access for families.
- South Shore Academy: A secondary school situated about 710 yards from the property, catering to older students.
Leisure and Recreation:
- Blackpool Pleasure Beach: Our 'World-Famous' amusement park located around 0.8 miles from the property.
Healthcare:
- Waterloo Medical Centre: A general practice approximately 670 yards away, ensuring accessible healthcare services.
- Blackpool Victoria Hospital: A major hospital located about 2 miles from the property, offering comprehensive medical facilities.
Transport Links:
- Blackpool South Railway Station: Just 240 yards away, facilitating convenient travel to surrounding areas.
- Local Bus Services: Multiple bus routes operate nearby, enhancing accessibility throughout Blackpool.
Investment Potential:
This property is situated in a high-demand rental area, characterized by a significant proportion of privately rented accommodations. The strong rental yield, combined with the property's strategic location near essential amenities and transport links, underscores its appeal to investors seeking a reliable income stream.
Arrange a Viewing:
Opportunities to acquire tenanted properties with such attractive yields are rare. Contact us today to schedule a viewing and further discuss this promising investment.
Distances are approximate and sourced from StreetCheck.
Agent Details
Martin & Co, Blackpool
01253 835489
Next Steps?
This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪
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