**Investment Opportunity: 3-Bedroom Terraced House in Blackpool**
- **Rental income:** £9,600 per annum
- **Yield:** Approx. 8%
- **Location:** Just a one-minute walk from Blackpool Promenade
- **Size:** 1,377 sq. ft. with three bedrooms and one bathroom
- **Tenure:** Freehold
- **Condition:** Period property with potential for modernization or renovation
This spacious 3-bedroom terraced house in FY1 2HS presents a solid investment opportunity for savvy buyers. Currently tenanted, it generates a reliable annual rental income of £9,600, equating to an attractive yield of approximately 8%. Located in a vibrant area, the property is just a short stroll from the iconic Blackpool Promenade, providing easy access to local amenities, entertainment, and major attractions like Blackpool Tower.
Ideal for investors looking for a hassle-free addition to their portfolio, this Mid-Terrace home, constructed between 1900 and 1929, features charming period accents like high ceilings and large bay windows that offer tons of character. While the property is well-maintained, it has scope for cosmetic updates, allowing you to tailor it to modern standards and possibly increase rental value.
Though the surrounding area features high crime rates and socioeconomic challenges, the excellent mobile signal and fast broadband make the property attractive for student tenants and professionals alike. Additionally, with schools that have received 'Good' ratings nearby, it’s also appealing for family renters.
Seize this valuable asset in a bustling neighborhood packed with amenities, including shops, dining, and easy transport links. Explore the potential this property offers for long-term growth and returns before it’s gone!
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