High-yield buy-to-let close to local shops and transport links.
- Currently tenanted on an AST, generating ~£7,800pa (10.4% gross yield)
- Three bedrooms plus loft room and two receptions (one used as fourth bedroom)
- UPVC double glazing and gas central heating, modern-looking interiors
- Small paved forecourt, no substantial rear garden visible
- Property in area earmarked for regeneration; potential future CPO
- High local crime rates and very deprived neighbourhood indicators
- Cavity walls assumed uninsulated; energy upgrades likely needed
- Freehold tenure, low council tax, fast broadband and excellent mobile signal
This Victorian mid-terrace offers a straightforward buy-to-let opportunity in central Blackpool. Currently let on an Assured Shorthold Tenancy, it produces approximately £7,800pa gross income, equating to a circa 10.4% gross yield at the asking price, and is being maintained to a good standard by the existing tenants.
Accommodation is practical: two reception rooms (one in use as a fourth bedroom), a fitted kitchen, three bedrooms plus a loft room, and a family bathroom. The property benefits from UPVC double glazing, gas central heating with a boiler and radiators, and contemporary-looking finishes such as laminate flooring in principal rooms — ready for immediate continuation as a rental unit.
Buyers should note material considerations: the property lies within an area earmarked for local-authority regeneration and may be subject to a future Compulsory Purchase Order (CPO). The neighbourhood shows high crime and very high deprivation indicators, and the small plot offers no substantial rear garden. Cavity walls are assumed uninsulated, so energy performance improvements may be required.
For an investor seeking an income-producing urban terrace with strong rental demand and fast broadband/mobile connectivity, this is a clear cashflow prospect. For an owner-occupier or risk-averse buyer, the regeneration/CPO risk and local area challenges are significant factors to weigh before viewing.
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