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Studio for sale

£32,995 From

Hornby Road, Blackpool FY1

1
Interested in this property? Call 020 8022 0281 * or

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Property description

* assured 8% net income for 5 years
* buyback option after year 5 of 110%
* fully furnished and fully managed
* refurbishment of existing building
* developer with proven track record
* low entry price from just £32,995

located A few minutes walk away from the beach as well as blackpool city centre. Few locations offer so many attractions whilst retaining their rural charm.

Each of the elegantly furnished apartments present a sentiment of home that travel-tired tenants simply cannot find in hotels: Warm, comfortable living spaces complete with fixtures. What's more, easy access to beaches, green spaces, top entertainment, shopping outlets, educational institutes and business centres makes dj Suites the best lifestyle choice.

On-site facilities including A 24HR reception, A beer & burger lounge and A chinese restaurant.
Private lounge area on the ground floor featuring attractive finishes and fittings where residents can unwind. The development also provides its guests secure bicycle storage and car parking at the rear of the establishment. Both the lounge and restaurant are available to the public also.

Units available from £32,995

Example of returns - mid range price


Based on dj Suites unit starting price of £49,900
Total rental revenue = £5,988 Gross
Total net returns = £3,992
This works out as an 8% return on investment each year inclusive of the management and service fees.


A bonus


As a landlord, every year you can enjoy staying up to one month at a discounted rate, with no impact on your overall returns and free for the first 7 days.

Units available from £32,995
Contact Us for a Brochure and Available Units
Market activity
Average price paid £84,533 Sales 315 Current average value £97,743 (Zoopla Zed-Index) Value change £2,052 ▲ 2.14%

Property value data/graphs for FY1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £167,695 £102 4.0 £151,409
Semi-detached £119,342 £113 3.6 £114,917
Terraced £90,035 £90 3.8 £75,343
Flats £79,350 £108 1.7 £54,391

Current asking prices in FY1

Average: £111,229
Avg. current asking prices in FY1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £63,972
(2)
£91,939
(63)
£102,040
(106)
£118,566
(50)
£126,487
(12)
Flats £63,867
(21)
£96,538
(16)
£87,317
(3)
- £166,667
(3)
All £63,876
(23)
£92,870
(79)
£101,635
(109)
£118,566
(50)
£134,523
(15)

Current asking rents in FY1

Average: £460 pcm
Avg. current asking prices in FY1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £650 pcm
(1)
£507 pcm
(21)
£585 pcm
(18)
£857 pcm
(7)
£780 pcm
(1)
Flats £360 pcm
(75)
£467 pcm
(55)
£698 pcm
(6)
- -
All £363 pcm
(76)
£478 pcm
(76)
£613 pcm
(24)
£857 pcm
(7)
£780 pcm
(1)

Fun facts for FY1

Highest value in FY1
Highest value streets Zed-Index
Promenade £180,536
Albert Road £174,624
Charnley Road £163,933
Barton Avenue £163,848
Geldof Drive £163,352
Highest turnover in FY1
Highest turnover streets Turnover
Cecil Street 46.7%
Cross Street 40.0%
Pine Avenue 38.9%
Chadfield Road 36.4%
Francis Street 35.0%

What Zoopla users think of Blackpool

Overall rating:

  • currently 4 stars
Very good - 77% (256 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Blackpool:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Blackpool North (0.5 miles)
  • Blackpool South (1.1 miles)
  • Layton (Lancs) (1.6 miles)
  • Blackpool International Airport (3.1 miles)
  • Liverpool John Lennon Airport (34.3 miles)
  • Manchester International Airport (45.0 miles)
  • Fleetwood for Knott End Ferry Landing (8.0 miles)
  • Knott End-On-Sea Ferry Landing (8.1 miles)
  • Heysham Ferry Terminal (16.1 miles)

Nearby schools

View all schools in Blackpool
  • Blackpool St John's Church of England Primary School (0.2 miles)
  • Revoe Community Primary School (0.5 miles)
  • Revoe Learning Academy (0.5 miles)
  • The Blackpool Sixth Form College (2.1 miles)
  • Blackpool and the Fylde College (3.2 miles)
  • Southport College (11.7 miles)
  • Park School (0.7 miles)
  • Park Community Academy (0.7 miles)
  • The Cedars (0.8 miles)
Note: Distances are straight line measurements

Local info for Blackpool

AskMe Q&A for Blackpool

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For more information about this property, please contact
RS Property Investments, N11 on 020 8022 0281 * (local rate)

Monthly running costs Beta

£280 Monthly total
Mortgage
Purchase price
Deposit (10%) 3,299
Repayment term 25
Interest rate 0.5
Your payment £105 /mo Find available rates

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Energy Gas £19 Electricity £26 Estimated energy cost £45/mo In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 5700 kWh/year
Electricity: 1900 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Blackpool

Estimated tax band A Council tax cost £102 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water Supply £13 Sewerage £15 Estimated water cost £28 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact RS Property Investments about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by RS Property Investments, and do not constitute property particulars. Please contact RS Property Investments for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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