Warley Road, Blackpool, FY1 2JU

LOCATION
A highly convenient location close to the seafront and local amenities. The combination of residential and commercial income streams, together with ample parking and a prominent corner position, presents an excellent opportunity for investors seeking strong returns and future growth.

DESCRIPTION
Investment Opportunity – Prominent Corner Property with Mixed-Use Income

For Sale by Online Auction with a Starting Bid of £180,000. Terms and Conditions Apply. See WebbMove for all the Auction Details.

Flat 1, 18 Warley Road: £643.50 pcm (£7,722 pa)

Flat 2, 18 Warley Road: £595.84 pcm (£7,150.08 pa)

Salon: £10,440 pa

Total gross annual rental income: £25,312.08

Gross yield at a purchase price of £180,000: 14.06%

Offered with a guide price of £180,000, this substantial mixed-use investment provides an attractive double-digit gross yield, established tenants and scheduled rental uplifts.

ACCOMMODATION
An imposing corner-sited freehold building extending to over 3,000 sq ft, situated within easy walking distance of local amenities and the seafront. The property benefits from seven off-road parking spaces and comprises two spacious two-bedroom residential flats together with two ground-floor retail units currently combined and occupied by a well-established salon tenant, who has been in occupation for approximately 6–7 years.