Whitegate Drive, Blackpool, FY3
- BEDROOMS
8
- BATHROOMS
8
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- An Ideal Investment Opportunity On Whitegate Drive
- A Superb Income Of £3164PCM / £37,968PA
- 6 x Studio Apartments, 2 x One Bedroom Apartments
- Incredibly Well Maintained Throughout, Including Communal Areas
- All Apartments Are EPC Grade C & Council Tax Band A
- All Deposits Registered With The DPS & All On A AST
Description
Welcome to this fantastic investment opportunity! This well-maintained property has been thoughtfully converted into eight individual apartments, all in good condition and ready for immediate tenancy.
Currently generating an impressive annual rental income of £38,000 and a yield of 11.78%, the property offers a solid return on investment. Each unit is designed to appeal to a variety of tenants, with modern conveniences and a prime location.
The apartments are designed for comfort and practicality, ensuring steady tenant demand in a sought-after area. With its prime location and excellent income potential, this is a fantastic opportunity to secure a high-yielding, income-generating investment. Don’t miss out!
All the apartments are EPC grade C and all are council tax band A
FLAT 1 - Studio apartment £390PCM / £400 Deposit
FLAT 2 - Studio apartment £390PCM / £400 Deposit
FLAT 4 - Studio apartment £377PCM / £347 Deposit
FLAT 5 - Studio apartment £304PCM / £325 Deposit
FLAT 6 - Studio apartment £412PCM / £475 Deposit
FLAT 7 - Studio apartment £390PCM / £400 Deposit
Flat 8 - One bedroom apartment £424PCM / £300 Deposit
251A - One bedroom apartment £477PCM / £550 Deposit
INCOME BREAKDOWN
- £3164pcm
- £37,968PA
- Yeild 11.17%
**A rental increase of 5% would increase the yeild to 11.73% or an increase of 10% would equal 12.29%**
Disclaimer
Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate.
Money Laundering Regulations
Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £70 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Whitegate Drive, Blackpool, FY3
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Blackpool South Station1.0 miles
- Blackpool North Station1.2 miles
- Blackpool Pleasure Beach Station1.7 miles
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 414235. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Yopa, North West & Midlands. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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