Blackpool, No.7 La Tour, 10% NET
£49,950
240-244 North Promenade, Blackpool
3854
Property ID
10% NET
Yield
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Overview
| Price | £49,950 |
|---|---|
| Property type | Hotel |
| Yield | 10% NET |
| Property ID | #3854 |
|---|
Features
Fully Managed
Immediate Income
Sea Views
Description
UNIQUE HOTEL INVESTMENT OPPORTUNITY LOCATED ON BLACKPOOL SEA FRONT
A fully operational hotel in the centre of Blackpool, that will offer accommodation & training facilities for young autistic adults and accommodate family, friends a tourist vistors throughout the year. With an entry level invest of £49,950, the opportunity here is to earn a total ROI of 110% over 5 years, while making a socially responsible and ethical investment. Investors receive immediate, quarterly income with no ongoing costs. Secured exits are offered to sell at any time on the open market or sell back to the developer at year 5, or at year 10 and receive an additional 10% uplift.
Investment Highlights
NUMBER OF UNITS: 65 en-suite rooms
- UNIT PRICE: £49,950
- OWNERSHIP: 999-year leasehold property title
- YIELD: 10% net contractually assured (£4,995 per year)
- YIELD PAYMENT: Quarterly in arrears
- ADDITIONAL OWNERSHIP COST: None
Location
| Address | 240-244 North Promenade, Blackpool |
|---|---|
| View Map | Open on Google Maps |
| Country | United Kingdom |
| Cities | Blackpool |
|---|---|
| Postal code / ZIP | FY1 1RZ |
