SPACIOUS FREEHOLD INVESTMENT PROPERTY | TWO SELF-CONTAINED FLATS | PRIME MERE ROAD LOCATION | TENANTS IN SITU | EXCELLENT YIELD!
Welcome to this fantastic investment opportunity, comprising two spacious self-contained flats situated in a highly sought-after location on Mere Road in Blackpool. With both long-term tenants in situ and generating £130 for each flat per week (7.43% yield), this freehold property offers immediate and reliable rental income in one of the town’s most desirable residential areas.
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Property Highlights:
• Two Self Contained Flats Generating Immediate Rental Income With 7.43 Percent Yield
• Long Term Tenants In Situ Providing Stable And Reliable Returns
• Prime Mere Road Location Close To Shops Parks And Town Centre
• Four Court Parking Front And Rear With Two Garages To The Rear
• Freehold Property Offering Excellent Investment Security
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The Property:
Ground Floor – One Bedroom Flat (Separate Entrance)
The ground floor flat is spacious and well laid out, featuring wood laminate flooring throughout and benefiting from both gas and electric with card meters installed. The property offers a large kitchen and generously sized bathroom, creating practical and comfortable living accommodation.
The bedroom is bright and airy, complete with patio doors leading directly into a private courtyard garden – perfect for enjoying outdoor space.
Upstairs – Two Bedroom Flat (Separate Entrance)
The first floor flat comprises two well-proportioned bedrooms and benefits from card meters for utilities. There is plenty of built-in storage space, making it ideal for long-term living. The bathroom was newly refurbished approximately four years ago, and most walls both upstairs and downstairs have been replastered, enhancing the overall finish of the building.
Externally, the upstairs flat enjoys a small garden area suitable for a table and chairs, offering additional outdoor space.
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Exterior & Parking;
The property benefits from forecourt parking to both the front and rear, along with two garages positioned at the back of the property – a rare and valuable feature in this location.
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Location:
Situated in a fantastic position on Mere Road, the property is just moments away from Stanley Park, Lawsons Field and the popular residential area of Marton.
It is also conveniently close to Houndshill Shopping Centre and the town centre, offering a wide range of retail, dining and leisure facilities. Mere Road leads directly to Whitegate Drive, renowned locally for its excellent transport links, bus routes, restaurants and shops, making it one of the most desirable places to live in Blackpool.
With fantastic local amenities, superb transport connections and strong rental demand, this spacious two-flat property represents an outstanding investment opportunity.
Interested? Don’t miss out – contact us today to arrange your viewing!
