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3 bedroom property for sale

Lytham Road, Blackpool

Removed £110,000

Property Description

Key features

  • THREE SELF CONTAINED FLATS
  • POTENTIAL INCOME 380 PW X 52 = 19,760 = 17.9% YIELD
  • 2 X 1 BED AND 1 X 2 BED
  • SHOP + FREEHOLD INCLUDED
  • GROUND FLOOR CURRENTLY TENANTED AT 400 PCM
  • GAS CENTRAL HEATING
  • DOUBLE GLAZING
  • FULL PLANNING AND SELECTIVE LICSENCE
  • L2 FIRE SYSTEM
  • CLOSE TO TESCO EXPRESS AND TRANSPORT LINKS

Full description

Tenure: Freehold

***POTENTIAL INCOME £380 PW X 52 = £19,760 = 17.9% YIELD *** IDEAL INVESTMENT - THREE SELF CONTAINED FLATS PLUS SHOP & FREEHOLD*** 2 x 1 bed flats + 1 x 2 bed flat and mobility scooter shop from which the vendor is currently trading, situated on Lytham Road close to Tesco Express, Waterloo Road and Blackpool Promenade. The ground floor flat is currently tenanted at £400 PCM and comprises lounge/bedroom, kitchen, shower room and WC plus basement with additional bedroom. The first floor is currently vacant and comprises two bedrooms, with lounge, kitchen, shower room and WC. The second floor comprises bedroom with walk in wardrobe, lounge/diner, kitchen and three piece bathroom suite. VIEW TODAY TO SEE THIS BIG POTENTIAL EARNER! Details of planning history can be found on; http://idoxpa.blackpool.gov.uk/online-applications/applicationDetails.do?activeTab=summary&keyVal=_BLCKP_DCAPR_34287

GROUND FLOOR
FLAT 1
LOUNGE/BEDROOM
KITCHEN
WC
SHOWER ROOM
CURRENTLY TENANTED AT £400 PCM
BASEMENT -
ADDITIONAL BEDROOM WITH FITTED WARDROBES

FIRST FLOOR
FLAT 2
BEDROOM 2
Carpeted. Radiator.

LOUNGE
Carpeted.

KITCHEN
Part fitted kitchen with stainless steel sink and drainer, laminate flooring.

SHOWER ROOM
Two piece shower suite with wash hand basin with vanity unit, walk in shower, heated towel rail and fully tiled walls and flooring.

WC
Fully tiled. WC in white.

FLAT 3
Accessed from the first floor but goes straight upstairs.

BEDROOM
Carpeted double with generously sized walk in wardrobe.

LOUNGE/DINER
Carpeted, spacious lounge diner. Has been used as a bedroom.

KITCHEN
Fitted kitchen with sink and drainer, and overhead extractor fan. Part tiled walls.

BATHROOM
Three piece suite comprising bath, WC and wash hand basin. Carpeted flooring and part tiled walls.

ADDITIONAL INFORMATION
Potential income;
SHOP £65 PW - Could also be converted to a permanent flat subject to planning permission.
GROUND FLOOR FLAT - £85PW - includes basement second bedroom.
FIRST FLOOR FLAT - £115 PW - Two bedroom
SECOND FLOOR FLAT - £85 PW

TOTAL - £380 PCM X 52 = £19,760 = 17.9% YIELD!



Listing History

Added on Rightmove:
15 December 2015

Map & Street View

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