South King Street

Project details

  • Purchase Price: £70,000
  • Refurbishment Cost: £46,000
  • Stamp Duty: £0.00 (commercial rate)
  • Annual Income: £13,000
  • Lease / Freehold: Leasehold - New 125 Year Lease
  • Ground Rent: £200 per unit p.a
  • Yield: 11%
South King Street – Blackpool – consisting of 2 flats – 11% Yield.
Residential property (building classed as commercial) – consisting of 2 flats – commercial conversion.

This property is located in Blackpool Town Centre, with easy access to all amenities and travel links. As the property is a commercial
conversion the flats will benefit from being extremely spacious, making them ideal for the buy-to-let market.

The property comprises of:

2 x 2 Bedroom Flats

Note: This flats benefit from being extremely spacious.

Blackpool

Bursting with character, Blackpool is a vibrant city with spectacular landmarks and attractions including Blackpool Pleasure Beach, Blackpool Piers, Blackpool Zoo, The Winter Gardens and popular Blackpool Tower. Fun, hip and laid back, with lots to do and see, Blackpool offers just about everything a traveller can wish for – no wonder the city is visited by 1.5 million tourists every year.

Blackpool North Shore is the ideal area if you are looking for a more peaceful and quieter part of Blackpool. There are hundreds of Hotels and B&Bs and the North Shore is home to popular attractions and landmarks such as Blackpool North Pier and the Grundy, a popular art gallery.

Trams run all day and will take you into the heart of Blackpool Central or Blackpool South Shore in a matter of minutes.

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