Burlington Road, Blackpool, FY4 1JR
Bedrooms: 15
  • Residential Portfolio consisting of 15 Units
  • Purchase Price: £450,000
  • Current Rental Income: £29,636.28
  • ERV Following Refurbishments: £63,000
  • Potential Yield of 14%
Residential Portfolio

Consisting of two main buildings, the portfolio contains 15 units made up as follows:

Burlington Road:

2 x 2 bedroom flats

5 x 1 bedroom flats

This building is well positioned for commuters and is a 5 minute walk to the Blackpool Pleasure Beach Train Station.

Osbourne Road:

1 x 2 bedroom flat

3 x 1 bedroom flats

4 x studio flats

This property is well positioned for commuters also, sitting just over a 10 minute walk to Blackpool South Train Station.

The portfolio would benefit from refurbishment of 5 of the flats at Osbourne Road, which would in turn increase the rental income.

Following these refurbishment works the ERV would lift to £63,000pa.

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