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Central Drive, Blackpool

PROPERTY TYPE

Apartment

BEDROOMS

1

BATHROOMS

1

SIZE

339 sq ft

31 sq m

Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Buy to let investment
  • Ground floor flat
  • Tenants in situ
  • Over 9% rental yield
  • Three flats available
  • Great central Blackpool location

Description

Situated in a popular rental location on Central Drive in Blackpool, this well-presented ground floor one-bedroom apartment represents an attractive buy-to-let investment opportunity, currently tenanted, providing an immediate rental income.

The property forms part of three being offered for sale, providing an excellent opportunity for investors to acquire one or multiple income-producing units within the same building. The apartment briefly comprises a spacious kitchen and separate living room, a double bedroom and a bathroom with shower.

Investment Opportunity
The apartment is currently tenanted through Martin&Co at £368 pcm, providing an attractive 9.82% gross rental yield.

With an established tenant already in situ and the property professionally managed through our lettings department, this offers an excellent opportunity for an investor seeking an income-producing property with immediate rental income available.

Please note we have three tenanted apartments for sale in this building, a great buy to let investment:
Ground floor flat £45,000, 9.82% rental yield
First floor flat £55,000, 9.45% rental yield
Second floor flat £65,000, 10.40% rental yield

Location:
Central Drive is ideally positioned within Blackpool, offering excellent access to a wide range of local amenities, shops, supermarkets, restaurants and transport links. The location is well suited to the rental market, with Blackpool town centre and the seafront within easy reach and excellent connections to surrounding areas.

An excellent opportunity for landlords and investors seeking a tenanted one-bedroom apartment with an attractive 9.82% gross rental yield and immediate rental income. Contact Martin&Co today to arrange a viewing and discuss the other two tenanted apartments also available within the building.
 
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.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
On street
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
Lateral living,Level access

Central Drive, Blackpool

Approximate location

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Affordability

Monthly repayments£227
Property: £ 45,000
Deposit: £ 4,500
Interest rate: 5.36%
Term: 30 years
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Renovation potential
Recently sold & under offer
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About Martin & Co, Blackpool

119 Highfield Road Blackpool FY4 2JE

Martin & Co is one of the UK's best known and most well-regarded property agents, with nearly 200 offices. As one of the largest networks of estate agents in the UK, we have the experience and local expertise to help you let, sell, buy or rent your property in the right time-frame for the best price, helping you every step of the way.

We're proud to serve the communities of the Fylde Coast providing specialist advice, guidance, and support across all areas of the residential property market.

With our wealth of experience across both lettings and sales, you can be confident of receiving the very highest standards of service from the Martin & Co team at all times.

We understand that every customer has varied needs, and our team offers a personalised service to ensure that you receive a truly tailor-made service to suit your precise requirements.

So whether you have a property for sale or are looking for a home to rent in the area, please do get in touch with a member of our dedicated team who would be delighted to help.

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Disclaimer - Property reference 100579008925. 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 Martin & Co, Blackpool. 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.
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