1 Bedrooms Flat for sale in 10-12 Queens Promenade, Blackpool, Lancashire FY2 | £ 47,995
Overview
| Price: | £ 47,995 |
|---|---|
| Contract type: | For Sale |
| Type: | Flat |
| County: | Lancashire |
| Town: | Blackpool |
| Postcode: | FY2 |
| Address: | 10-12 Queens Promenade, Blackpool, Lancashire FY2 |
| Bathrooms: | 0 |
| Bedrooms: | 1 |
Property Description
Brand new hotel opening on Blackpool seafront, offering fantastic proximity to all of the best things that Blackpool has to offer including the world famous Pleasure Beach.
Investment highlights:
-10% for 10yrs (Pre-launch net yield at 12%)
-Prices starting from £34,995 for rooms
-Prices starting from £52,995 for apartment rooms
-Optional buyback starting in year 5 at 110%
-5 days accommodation to investors each year for the first 5yrs
-Immediate Income
Location details:
Blackpool is the most popular seaside resort in the UK. The town is located on the Lancashire coast, about 28 km from Preston and about 65 km from Manchester. The town became a popular resort during the 19th century when it was connected by rail to much of northern England. Today, it attracts about 12 million people each year. The Mosaic Hotel is situated on Queens Promenade, Blackpool just minutes away from the Pleasure Beach, this is a prime location for holidaymakers.
Example Investment:
Purchase Price: £47,995
Rent per month: £479.95
Ongoing costs: £0
Year 5 buy back: £52,794.50
Total amount received over 5 years: £81,591.50
Total amount less original investment: £33,596.50
5 year roi: 70% plus your money back!
Reservation process:
1.Pick your unit and complete reservation agreement
2.Send £3,000 reservation fee
3.Instruct solicitors
and complete with final balance minus £3,000 - cash only
5.Rental income start
Property Location
Property Marketed by Property and Invest
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