2 bed flat for sale

The Maltings, Yorkshire Street, Blackpool FY1

The Maltings, Yorkshire Street, Blackpool Fy1 5Bf

High-yielding investment opportunity – 8.47% net yield - full management in place! Spacious two bedroom apartment with parking space in the heart of Blackpool, enquire early to avoid disappointment.

This spacious two-bedroom second-floor apartment is located in the heart of Blackpool, just a 5-minute drive from Blackpool Pleasure Beach and close to the seafront and local amenities. The property offers a fantastic opportunity for investors seeking a high-yield, hands-off investment, with experienced management already in place.

The apartment briefly comprises an entrance hallway leading into a bright open-plan living area with a fully fitted kitchen, creating a comfortable and practical living space. There are two generously sized double bedrooms, along with an additional storage cupboard suitable for laundry use. The property also benefits from a three-piece family bathroom with a shower over the bath.

Situated on Yorkshire Street, the property enjoys excellent access to transport links and local attractions. The seafront and South Pier are just minutes away, with popular attractions including Sandcastle Waterpark, Blackpool Illuminations, as well as a wide range of restaurants, cafés, bars and shops nearby.

Blackpool continues to benefit from significant regeneration, with over £2 billion being invested across the town through major projects including the Talbot Gateway development and the Blackpool Central leisure scheme, bringing new hotels, entertainment venues, restaurants and visitor attractions. These developments are expected to create jobs, attract additional visitors and support long-term growth in the area.

The property offers an estimated net yield of approximately 8.47%, making it an attractive option for investors seeking strong returns in an affordable UK property market.

Please note the property is located in an area where a Selective Licensing Scheme may apply, and buyers should make their own enquiries with the local authority.

Financial Breakdown

Gross Rent: £7,800.00
Net income: £5,334.00
Gross yield: 12.38%
Net yield: 8.47%
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-03268