£100,000
2 bed flat for saleThe Elms, Whitegate Drive, Blackpool, Lancashire FY3
2 beds
2 baths
1 reception
EPC Rating: D
- Leasehold
About this property
Excellent investment opportunity
Tenants in situ
Generate immediate income
Ground floor apartrment
Desirable development
Two double bedrooms
Ensuite and four piece bathroom suite
Modern kitchen
Ample residents parking
Enquire for video tour
The Elms, Whitegate Drive, Blackpool, Lancashire, Fy3 9Fz
Yieldit are thrilled to present this wonderful buy-to-let opportunity to the market. The ground floor apartment is ideally situated within the desirable The Elms development on Whitegate Drive. A popular location which continues to be in demand on the rental market, owing for attractive yields.
In brief, the property consists of; entrance hallway; lounge; modern fully-fitted kitchen; two well-proportioned double bedrooms; ensuite to the master; bathroom with four-piece suite and storage cupboard. Residents parking is available.
The Elms is well placed for easy access into Blackpool, Poulton, Bispham and places further afield with easy access to the M55 motorway. Blackpool North train station is just 2.5 miles and has regular services to Manchester, Liverpool, Bolton, Wigan, Preston, Blackburn, Leeds and York. There are also six intercity trains a day to London Euston via Birmingham New Street.
Blackpool is a great location for property investment, famous for its world-class attractions and sandy beaches it’s one of the biggest visitor destinations in the UK with ambitious development plans underway worth £300million will create even more attractions including new hotels, restaurants, apartments and entertainment venues. It is anticipated that the plans will attract 600,000 additional visitors a year with a combined annual spend of £75m and create new employment opportunities which will increase the demand for rental properties such as this one. Don't miss out on this opportunity to invest in a fantastic property in a brilliant location and enquire today!
Financial Breakdown
Gross Rent: £10,200.00
Net income: £7,152.00
Gross yield: 10.2%
Net yield: 7.15%
Please contact agent for full financial breakdown.
Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-08026
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