This property has been taken off the market.
5 Bed Flat For Sale Hesketh Avenue, Blackpool, FY2
£235,000- Flat
1 of 15
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Last Updated: 28th February 2024
Description
This property presents a golden opportunity for potential investors.
The property generates an annual return of £23,400, translating to an impressive yield of nearly 10%.
It is a freehold, semi-detached property comprising five self-contained 1-bedroom flats spread across three floors.
Each flat offers a lounge/kitchen area, a shower room, and a bedroom, catering to comfortable living.
Conveniently situated near shops, amenities, and the promenade, the property holds substantial rental potential.
Given the current demand for rental properties, with an average rent of £385 per flat, there is room for higher valuation post minor improvements.
Moreover, with the ongoing Blackpool investment slated for completion in five years, the property's value could potentially surge by around 20% from its current value.\r
Council tax band: A
The property generates an annual return of £23,400, translating to an impressive yield of nearly 10%.
It is a freehold, semi-detached property comprising five self-contained 1-bedroom flats spread across three floors.
Each flat offers a lounge/kitchen area, a shower room, and a bedroom, catering to comfortable living.
Conveniently situated near shops, amenities, and the promenade, the property holds substantial rental potential.
Given the current demand for rental properties, with an average rent of £385 per flat, there is room for higher valuation post minor improvements.
Moreover, with the ongoing Blackpool investment slated for completion in five years, the property's value could potentially surge by around 20% from its current value.\r
Council tax band: A
Agent Details
Keller Williams Oxygen
18 York Road, York House Maidenhead SL6 1SF
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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.