10 bedroom house

Cadeby Lodge, Hornby Road, Blackpool, FY1 4QP

Size: 201 sqm

Purchase price

£200,000

Size: 201 sqm

Finance breakdown
Financial performance*
Gross rent £65,000
Net income £42,000
Gross yield 32.5%
Net yield 21.00%

yieldit are delighted to offer to the market this exciting opportunity for investors perfectly situated on one of the main routes into Blackpool, a stone’s throw from the promenade and all popular 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 £129 in peak season with significant demand throughout the year for this kind of accommodation.

This substantial freehold semi-detached 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, Cadeby Lodge consists of entrance hallway; reception room/bar; 9 ensuite bedrooms for various sized parties; a one-bedroom flat which includes a reception room, double bedroom, utility room, bathroom and private access to a small yard. To the front of the property is a driveway for off road parking for a few vehicles.

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 the property being ran as B&B at full occupancy in 2017/2018.**

INCREDIBLE INVESTMENT OPPORTUNITY IN CENTRAL BLACKPOOL! Substantial freehold semi-detached B&B with 9 ensuite bedrooms and a one bedroom apartment.

Interested in this property? Enquire today for more information

Key features

Key features

Remarkable investment opportunity

Key features

Available with vacant possession

Key features

Substantial semi-detached property

Key features

9 ensuite bedrooms

Key features

Reception room with bar

Key features

One bedroom apartment

Key features

Freehold

Key features

Set up as a fully operational B&B

Key features

Incredible returns to be generated

Key features

Fantastic location

Key features

Freehold

INCREDIBLE INVESTMENT OPPORTUNITY IN CENTRAL BLACKPOOL! Substantial freehold semi-detached B&B with 9 ensuite bedrooms and a one bedroom apartment. More info...

yieldit are delighted to offer to the market this exciting opportunity for investors perfectly situated on one of the main routes into Blackpool, a stone’s throw from the promenade and all popular 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 £129 in peak season with significant demand throughout the year for this kind of accommodation.

This substantial freehold semi-detached 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, Cadeby Lodge consists of entrance hallway; reception room/bar; 9 ensuite bedrooms for various sized parties; a one-bedroom flat which includes a reception room, double bedroom, utility room, bathroom and private access to a small yard. To the front of the property is a driveway for off road parking for a few vehicles.

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 the property being ran as B&B at full occupancy in 2017/2018.**

  • Key features
    Tick Desktop Remarkable investment opportunity
    Tick Desktop Available with vacant possession
    Tick Desktop Substantial semi-detached property
    Tick Desktop 9 ensuite bedrooms
    Tick Desktop Reception room with bar
    Tick Desktop One bedroom apartment
    Tick Desktop Freehold
    Tick Desktop Set up as a fully operational B&B
    Tick Desktop Incredible returns to be generated
    Tick Desktop Fantastic location
    Key features

    Freehold

  • LocationLocation
  • EPCEPC

*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.

Breakdown
Financial performance*
Gross rent £65,000
Net income £42,000
Gross yield 32.5%
Net yield 21.00%

*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.