Lytham Road, Blackpool, Lancashire, FY4
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Residential development for sale
Key features
- Investment Property
- Comprising of 5 Self-Contained Permeant Flats
- Plus Lock Up
- South Shore Blackpool
- Close to Shops and Amenities
- Substantial 3 Storey Corner Property
- In Lovely Order Throughout
- Draws £26,104pa. Potential to Increase Income
- Approximately 0.081 Acres. Car Park For 3 Motor Vehicles
- Viewing Highly Recommended
Description
This Substantial 3 Storey Corner Property comprises of 5 Permanent Flats. 1 x 2 Bed Flat, and 4 x 1 Bed Flat Plus Lock Up/Garage.
The property is situated in the all year-round trading location of Lytham Road Blackpool, being close to shops and amenities.
The flats are in very good order throughout, which is reflected in the long-standing tenants, 4 out of 5 which are let on shorthold tenancy agreements and generating an annual income of £21,164, with potential to increase to £26,000 + pa. once fully let.
Viewing Recommended.
Ground Floor
Main communal entrance leading to hallway.
Flat 1
Fabulous Lounge area with wood effect flooring, high ceiling, and bay window.
Open plan dining room leading to fitted kitchen.
Bedroom with fitted robes.
Bathroom comprising 4-piece suite.
Lower Ground Floor
Cellar area with storage.
First Floor
Flat 2
Lounge leading to
Fitted kitchen
Bedroom
Shower and toilet.
Flat 3
Lounge
Fitted kitchen
Bedroom 1
Bedroom 2
Shower and toilet.
Second Floor
Flat 4
Lounge leading to
Fitted kitchen
Double bedroom
Shower and toilet.
Flat 5
Lounge with feature fireplace
Fitted kitchen
Double bedroom
Shower and toilet.
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EXTERIOR; Car park to the front, providing car parking for 3 motor vehicles.
Small garden area to the side of the property, for the use of Flat 1.
Enclosed yard area at the rear of property with lock up garage, which is currently used by the landlord.
AGENTS NOTES: All flats have electric meters. The property is central heated and is double glazed.
Sales subject to the fees, terms and conditions of Pattinson Auctions.
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BUSINESS: We are informed Flat 1 draws £117 pw, Flat 2,3,4 and 5 draw £95 pw. When fully let the property draws £26,104 pa.
Additional income could be generated from the lock up garage.
TENURE: Freehold
PRICE IS A STARTING BID
VIEWING: By appointment through Kenricks .
Lytham Road, Blackpool, Lancashire, FY4
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Blackpool South Station0.1 miles
- Blackpool Pleasure Beach Station0.7 miles
- Squires Gate Station1.4 miles
About Kenricks Commercial Estate Agents, Blackpool
235 Church Street, Blackpool, FY1 3PB
Notes
Disclaimer - Property reference INV040M. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Kenricks Commercial Estate Agents, Blackpool. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Kenricks Commercial Estate Agents, Blackpool on 01253 835721.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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