10 Bedroom Terraced House

Hornby Road, 
Blackpool, 
FY1 4QG
Purchase price
£180,000
  • Size: 242 sqm
  • Tenanted
INCREDIBLE INVESTMENT OPPORTUNITY IN CENTRAL BLACKPOOL! Enjoy a lucrative return on investment with this substantial freehold 10 bedroom B&B a stones throw from Blackpool promenade.
  • Financial Performance*
Gross rent
£40,000
Lettings fees
£7,200
Net income
£32,800
Gross yield
22.22%
Net yield
18.22%
  • Key Features
  • Fantastic investment opportunity
  • Impressive returns
  • 10 bedroom B&B
  • Ideal location next to the promenade
  • Freehold
  • Sleeps up to 20 guests
  • Bar and kitchen
  • Close to all amenities and attractions
  • Investor hotspot
  • Enquire today for further details

yieldit are delighted to offer to the market this exciting opportunity for investors perfectly situated a stone’s throw from Blackpool’s popular promenade and a wide range of attractions. The properties enviable position makes it an attractive prospect for investors looking to generate incredibly high returns on short term lets with nightly rates in the region of £100 in peak season with significant demand throughout the year for this kind of accommodation.

This substantial freehold property is available with vacant possession and is already set up as a fully operational B&B meaning the new owner can hit the ground running. Internally, the property consists of entrance hallway; two reception rooms; bar; kitchen; 10 ensuite bedrooms for various sized parties (which can accommodate up to 20 guests); utility room.

Blackpool is a great location for property investment, famous for its world-class attractions and sandy beaches it’s one of the biggest visitor destinations in the UK with ambitious development plans underway worth £300million will create even more attractions including new hotels, restaurants, apartments and entertainment venues. It is anticipated that the plans will attract 600,000 additional visitors a year with a combined annual spend of £75m and create new employment opportunities which will increase the demand for rental properties such as this one. Don’t miss out on this opportunity to invest in a fantastic property in a brilliant location and enquire today!

**Please note, indicative yields are based upon illustrative figures from when the property was run as a B&B in 2017/2018.**

  • Financial Performance *
Gross rent
£40,000
Lettings fees
£7,200
Net income
£32,800
Gross yield
22.22%
Net yield
18.22%
*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.
  • Location