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BLOCK FY1 6AX .pdf



Original filename: BLOCK_FY1_6AX.pdf
Title: BLOCK_FY1_6AX
Author: Octav Cobzareanu

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GREAT INVESTMENT OPPORTUNITY!!
HUGE ROI & YIELD!!
BLOCK OF SELF CONTAINED FLATS & HMO
Woodfield Road
Blackpool FY1 6AX
6 RESIDENTIAL FLATS

£115,000
20% Yield / 34% Annual ROI
DISCLAIMER: It is the Investors sole responsibility to make a purchase decision or otherwise and you must undertake due
diligence you feel necessary to make a fully informed purchase decision. The information and services provided by Smart
Property Deals Limited does not constitute financial, investment or tax advice and should not be taken as such. We strongly
recommend that you discuss all such matters with a FCA regulated Financial Advisor.



Local Area: BLACKPOOL
Background:
Blackpool is a seaside resort on the Lancashire coast in
North West England. The town is on the Irish Sea, between
the Ribble and Wyre estuaries, 15 miles (24 km) northwest
of Preston, 27 miles (43 km) north of Liverpool, 28 miles
(45 km) northwest of Bolton and 40 miles (64 km)
northwest of Manchester. It had an estimated population of
139,720 at the 2011 Census, making it the most populous
town in Lancashire.
Blackpool rose to prominence and as a major centre of
tourism in England when a railway was built in the 1840s
connecting it to the industrialized regions of Northern
England. The railway made it much easier and cheaper for
visitors to reach Blackpool, triggering an influx of settlers,
such that in 1876 Blackpool was incorporated as a borough, governed by its own town council and aldermen. In
1881, Blackpool was a booming resort with a population of 14,000 and a promenade complete with piers, fortunetellers, public houses, trams, donkey rides, fish-and-chip shops and theatres. By 1901 the population of Blackpool
was 47,000, by which time its place was cemented as "the archetypal British seaside resort". By 1951 it had grown to
147,000.

Map of the area:



FY1 Area, Blackpool

DISCLAIMER: It is the Investors sole responsibility to make a purchase decision or otherwise and you must undertake due
diligence you feel necessary to make a fully informed purchase decision. The information and services provided by Smart
Property Deals Limited does not constitute financial, investment or tax advice and should not be taken as such. We strongly
recommend that you discuss all such matters with a FCA regulated Financial Advisor.



Photographs:

DISCLAIMER: It is the Investors sole responsibility to make a purchase decision or otherwise and you must undertake due
diligence you feel necessary to make a fully informed purchase decision. The information and services provided by Smart
Property Deals Limited does not constitute financial, investment or tax advice and should not be taken as such. We strongly
recommend that you discuss all such matters with a FCA regulated Financial Advisor.


















In accordance with the Property Misdescriptions ACT (1991) any sales particulars are a general guide to give a broad description
of the property. They are not intended to constitute part of an offer or contract. We have not carried out a structural survey and
the services, appliances and specific fittings have not been tested. All photographs, measurements, floor plans and distances
referred to are given as a guide only and should not be relied upon for the purchase of carpets or any other fixtures or fittings. It
should not be assumed that any property has all the necessary planning, building regulation or other consent. Tenure and
boundary information are given as a guide only and should be checked and confirmed by your Solicitor prior to exchange of
contracts. Nothing concerning the type of construction or the condition of the property is to be implied from the photographs of
the property. The sales particulars may change in the course of time, and any interested party is advised to make a final
inspection of the property prior to exchange of contracts.
DISCLAIMER: It is the Investors sole responsibility to make a purchase decision or otherwise and you must undertake due
diligence you feel necessary to make a fully informed purchase decision. The information and services provided by Smart
Property Deals Limited does not constitute financial, investment or tax advice and should not be taken as such. We strongly
recommend that you discuss all such matters with a FCA regulated Financial Advisor.



Property Descriptioon:
Don't miss this Great Investment Opportunity!
For sale a 6 residential FLATS, 3 storey block in Blackpool in a very good area
with an amazing yield.
Please keep in mind that these are not HOLIDAY FLATS (very common in
Blackpool) but RESIDENTIAL FLATS, which makes a huge difference in price!
Ground floor: 2 x 1 bed - SELF-CONTAINED
1st floor: 2 x 1 bed flats & 1 studio - SHARED
2nd foor: 1 x 2 beds flat - SELF-CONTAINED
Already rented:
1 bed flat from the 1st floor: £250pcm
Studio on the 1st floor: £200pcm
No major repairs needed, just 'cosmetical' refurb

DISCLAIMER: It is the Investors sole responsibility to make a purchase decision or otherwise and you must undertake due
diligence you feel necessary to make a fully informed purchase decision. The information and services provided by Smart
Property Deals Limited does not constitute financial, investment or tax advice and should not be taken as such. We strongly
recommend that you discuss all such matters with a FCA regulated Financial Advisor.



Market Value Comparables:
1. https://www.kenricksestateagents.co.uk/permanent-flats-property-for-sale-egerton-roadblackpool-fy1-id-INV769K

2. https://www.kenricksestateagents.co.uk/permanent-flats-property-for-sale-hornby-roadblackpool-fy1-id-INV823K

3. https://www.kenricksestateagents.co.uk/house-property-for-sale-palatine-road-blackpool-fy1id-INV924K

DISCLAIMER: It is the Investors sole responsibility to make a purchase decision or otherwise and you must undertake due
diligence you feel necessary to make a fully informed purchase decision. The information and services provided by Smart
Property Deals Limited does not constitute financial, investment or tax advice and should not be taken as such. We strongly
recommend that you discuss all such matters with a FCA regulated Financial Advisor.



Rental Analysis:

DISCLAIMER: It is the Investors sole responsibility to make a purchase decision or otherwise and you must undertake due
diligence you feel necessary to make a fully informed purchase decision. The information and services provided by Smart
Property Deals Limited does not constitute financial, investment or tax advice and should not be taken as such. We strongly
recommend that you discuss all such matters with a FCA regulated Financial Advisor.



DISCLAIMER: It is the Investors sole responsibility to make a purchase decision or otherwise and you must undertake due
diligence you feel necessary to make a fully informed purchase decision. The information and services provided by Smart
Property Deals Limited does not constitute financial, investment or tax advice and should not be taken as such. We strongly
recommend that you discuss all such matters with a FCA regulated Financial Advisor.



Deal Illustration:
PROPERTY YIELD
Purchase price

FINANCING - INTEREST ONLY
£115.000

BUYING COSTS
Total Buying Costs
Stamp Duty
Refurb Allocation
Sourcing Fee
Buying Legal Fees
HMO license (for 5 years)

£30.950
£3.450
£20.000
£6.000
£700
£800
RENT

Total Rent Revenue p.a.
Rent - 2 x 1 bed self-contained flats
Rent - 2 x 1 shared flats (1 is tenanted)
Rent - 1 x shared studio (already rented)
Rent - 1 x 2 bed self-contained flat
Total Monthly Rental Costs
Maintenance Costs - 10%
Letting Agent Management Fee - 10%
GROSS YIELD
NET YIELD

£22.920
£9.120
£6.000
£2.400
£5.400
£4.584
£2.292
£2.292
20%
15%






















Deposit - 25%
Lender fee
Tracker Mortgage Interest avg.
Mortgage length
Monthly Mortgage Payment
Annual mortgage payment
Total Mortgage Cost p.a.
Annual Investor ROI












Queries
If you have any queries regarding this property, contact us on:

Tel: 0750 095 7298

Or email inquieries@trustedpropertydeals.com

DISCLAIMER: It is the Investors sole responsibility to make a purchase decision or otherwise and you must undertake due
diligence you feel necessary to make a fully informed purchase decision. The information and services provided by Smart
Property Deals Limited does not constitute financial, investment or tax advice and should not be taken as such. We strongly
recommend that you discuss all such matters with a FCA regulated Financial Advisor.

£28.750
£1.066
4,76%
20 years
£211
£2.532
£2.585
34%














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