Get brand editions for Metcalf's, Fylde Coast

4 bedroom property for sale

Reads Avenue, Blackpool

Sold STC £109,950

Property Description

Key features

  • FOUR SELF CONTAINED FLATS
  • TWO FLATS ARE CURRENTLY TENANTED
  • 3 X 1 BED 1 X 2 BED FLATS
  • POTENTIAL TO GENERATE 370 PW - 19,240 PER ANNUM
  • POTENTIAL 16.7% RETURN
  • EACH FLAT REGISTERED FOR COUNCIL TAX
  • GAS CENTRAL HEATING - GF FLAT
  • ONE GAS METER - ONE ELECTRIC METER
  • IN NEED OF RENOVATION
  • PARKING TO THE FRONT.

Full description

Tenure: Freehold

IDEAL BUY TO LET INVESTMENT - Four self contained flats requiring modernisation comprising 1 x 2 bed and 3 x 1 beds situated in a popular residential location close to Blackpool Town Centre, shops and transport links. Two out of four flats are currently tenanted at £170 PW. The property has the potential to generate £370 PW - £19,240 PA - 17.4% RETURN. Benefits include gas central heating, double glazing, separate gas and electric meter and each flat pays their own council tax. Viewing is advised to see the potential investment at hand.

FLAT 1
BATHROOM
BEDROOM 1
BEDROOM 2
KITCHEN
LOUNGE

FIRST FLOOR
FLAT 2
LOUNGE/KITCHEN
SHOWER ROOM
BEDROOM

FLAT 3
BEDROOM
SHOWER ROOM
LOUNGE/KITCHENETTE

CURRENTLY TENANTED AT £85 PW

FLAT 4
BEDROOM
SHOWER ROOM
LOUNGE/KITCHEN

CURRENTLY TENANTED AT £85 PW

ADDITIONAL INFORMATION
The ground floor flat has the boiler which controls all the radiators throughout the building.
There is one gas meter and one electric meter. (not a key/card meter)
The landlord currently pas the gas and electricity and includes it in the rent.
Each flat is registered separately for council tax purposes.


Listing History

Added on Rightmove:
07 May 2015

Nearest stations

  • Blackpool North (0.6 mi)
  • Blackpool South (1.0 mi)
  • Layton (1.6 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Metcalf's, Fylde Coast

73 Topping Street, Blackpool, FY1 3AF

01253 469083 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Blackpool North (0.6 mi)
  • Blackpool South (1.0 mi)
  • Layton (1.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Metcalf's, Fylde Coast

73 Topping Street, Blackpool, FY1 3AF

01253 469083 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference MTC1RES00994. 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 Metcalf's, Fylde Coast. 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.

Map data OpenStreetMap contributors.