62, BURLINGTON ROAD , BLACKPOOL, LANCASHIRE, FY4
Investment - FlatsHMOs
For Sale: £85,000 for the freehold
Key Features
FOUR FLATS, SET OVER TWO FLOORS
MID TERRACED PROPERTY
PRESENT RENTAL INCOME: £17,640 PA (GROSS)
POTENTIAL TO INCREASE THE RENTAL INCOME IN THE FUTURE (SUBJECT TO INCREASE IN RENTS)
LONG TERM TENANTS (WE ARE INFORMED)
EXCELLENT RATE OF RETURN
How to find out more…
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Property description
This residential flat investment property comprises a terraced residential property providing 4 no. flats. The present rental income is £17,640 gross, (inclusive of council tax and water rates). There is potential to increase the rental income potential of the building by letting the ground floor flats to separate tenants (they are at present let to one family). We are informed that the property is occupied by long-standing tenants as detailed below.