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Westmorland Avenue, Blackpool

PROPERTY TYPE

Block of Apartments

BEDROOMS

10

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • INVESTMENT OPPORTUNITY
  • Annual income circa £51,740
  • OVER 12% gross yield
  • Electrical test certificates
  • Gas safety certificate

Description

INVESTMENT OPPORTUNITY

This large DOUBLE fronted terraced property is arranged as TEN separate flats, providing an annual income of around £51,740. That's a VERY APPEALING 12% gross yield.

The property is well presented with a central Blackpool location conveniently within 0.2 miles of local shops and amenities and 0.5 miles of the PROMENADE.

Ground Floor

Vestibule

Meters cupboard

Communal Hall / Staircase

Flat 1

As at May 23 / Occupied since 4th Feb 2023 / Rent £100 per week / No arrears

Flat 2

As at May 2023 / Occupied since 16th Oct 2022 / Rent £85 per week / no arrears

Inner Hall

access to rear

First Floor

Flat 6

As at May 2023 / Occupied since 21st Jan 2023 / Rent £110 per week / No arrears

Flat 8

As at May 2023 / Occupied since 30th Oct 2021 / Rent £100 per week / No arrears

Flat 9

As at May 2023 / Occupied since 25th February 2023 / Rent £100 per week / No arrears

Second Floor

Flat 5

As at May 2023 / Occupied since 7th Jan 2023 / Rent £110 per week / No arrears

Flat 7

As at May 2023 / Occupied since 6th Aug 2022 / Rent £100 per week / No arrears

Flat 10

As at May 2023 / Occupied since 2nd Oct 2021 / Rent £100 per week / No arrears

Outside

Provides rear access to flats 3 & 4

Flat 3

As at May 2023 / Occupied since 18th March 2023 / Rent £105 per week / no arrears

Flat 4

As at May 2023 / Occupied since 7th Oct 2017 / Rent £85 per week / no arrears

EPC

There are 10 individual energy performance certificates valid until 2025, which can be viewed via the following link:

Electrics

There are electrical test certificates for each apartment dated May 2023, available for inspection.

Gas

There is gas safety certificate dated April 2023 available for inspection.

Tenure

We are informed the property is Freehold. Interested parties should seek clarification from their solicitor.

COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Westmorland Avenue, Blackpool

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About McDonald, Fylde Coast

81 - 83 Red Bank Road, Blackpool, FY2 9HZ
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1Industry affiliation logo 2

Hello from all the team at McDonald Estate Agents Fylde Coast Property Hub.

We'd like to welcome you to our page... and say thank you for finding out more about us.

We've been round a while now - since 1948 to be precise, and whilst none of us were there on opening day, our team can still boast an average of 20 years of industry experience.

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£1,984
We think you can borrow up to
Add your household income above
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Notes

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Disclaimer - Property reference MBW-92937708. 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 McDonald, 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.

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