For sale is this block of 5 flats [ 3 x 2 beds, 2 x studios] situated in the South Shore area of Blackpool. Close to the South Pier, Pleasure Beach and Sandcastle Water Park.
This property is currently fully tenanted and in good condition throughout.
£2040 pcm over 5 flats with room to increase.
Tenants pay their own Council Tax and electric, LL just responsible for any maintenance.
Property now reduced from £295,000 to £260,000 giving a 9.4% gross yield /30% ROI. [Ideally a cash buyer]
Sourcing fee – 3%