16 Westbank Avenue, Blackpool, FY4 5BT

Description

• PRIME NEW LISTING. We are excited to present this vacant 2-bedroom mid-terrace house located within a prime location in Blackpool.

• **Flat G, 17, Marshdale Road, Blackpool FY4 5PF sold for £125,000 in 2023, 94, Southbank Avenue, Blackpool FY4 5BX sold for £104,000 in 2023, 25, Westbank Avenue, Blackpool FY4 5BT sold for £97,000 in 2023.**

• This property offers an exceptional rental opportunity, potentially generating between £850 to £900 per month. With an annual income of £10,200 to £10,800, buyers could achieve a remarkable 13% to 14% yield if purchased at the guide price.

• Finished with a contemporary design and in great condition, this home is perfect for young professionals or small families looking to step onto the property ladder. The space offers ample room for personal customisation, making it an ideal long-term investment.

• As a serviced accommodation unit, the property holds significant potential, achieving an estimated £110 per night. Based on local comparables, this could generate a substantial £28,105 per annum with a 70% occupancy rate.

PRIME NEW LISTING. We are excited to present this vacant 2-bedroom mid-terrace house located within prime location in Blackpool.

The property comprises a welcoming entrance foyer leading to a cosy living room, an inviting dining room, and a well-equipped kitchen on the ground floor. The first floor offers a spacious primary bedroom, a generously sized second bedroom, a hall, and a modern bathroom.

This property offers an exceptional rental opportunity, potentially generating between £850 to £900 per month. With an annual income of £10,200 to £10,800, buyers could achieve a remarkable 13% to 14% yield if purchased at the guide price.

Finished with a contemporary design and in great condition, this home is perfect for young professionals or small families looking to step onto the property ladder. The space offers ample room for personal customisation, making it an ideal long-term investment.

As a serviced accommodation unit, the property holds significant potential, achieving an estimated £110 per night. Based on local comparables, this could generate a substantial £28,105 per annum with a 70% occupancy rate.

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:

**Flat G, 17, Marshdale Road, Blackpool FY4 5PF sold for £125,000 in 2023, 94, Southbank Avenue, Blackpool FY4 5BX sold for £104,000 in 2023, 25, Westbank Avenue, Blackpool FY4 5BT sold for £97,000 in 2023.**

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.

This property is offered at a fantastic price to ensure an auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.

For further details on how to have a bidding account created, please contact the team.

Location

Blackpool is a bustling seaside town famous for its vibrant promenade, lively entertainment, and iconic attractions such as the Blackpool Tower. With excellent transport links and a thriving local community, it offers both charm and convenience for residents and visitors alike.

Map

Need help funding this purchase?

Virtual Tour

Play Video: 16 Westbank Avenue, Blackpool, FY4 5BT

Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.