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Lytham Road, Blackpool, Lancashire, FY4 1DW

Key features

  • Substantial 3 storey, 4 floor property
  • Portfolio of 5x self-contained apartments
  • Plus lock up/garage
  • Annual income of £21,164
  • In lovely order throughout
  • Freehold title

Description

*For sale via secure sale online bidding: terms and conditions apply.*

Available for auction is this substantial 3 storey, four floor corner property, comprising 5x permanent flats (1x 2 bed and 4x 1 bed) 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 of which are let on short hold tenancy agreements and generating an annual income of £21,164, with potential to increase to £26,000+pa once fully let. All flats have electric meters. The property is central heated and is double glazed. Viewing recommended.

Please note we have not inspected this property.

Location

The property is ideally located on Lytham Road, South Shore. Blackpool South Promenade is just a short walk away along Station Road opposite the property, and near to Waterloo Road shopping area.

On a very good bus route to St Annes and Lytham, and also Blackpool town centre and Victoria Hospital, Blackpool South train station is just a short 6 minute walk away.

Accommodation

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.

EXTERNAL
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 ...

Lease Details

We are advised the flats are let at the below rents:

Flat 1: £117
Flat 2: currently vacant
Flat 3: £433.33pcm
Flat 4: £95pw
Flat 5: £95pw

This totals an annual income of £21,163.96. Please refer to the legal pack for full tenancy information.

Tenure

Freehold. Title number LA701077.

Council Tax

Band A.

EPC

Available upon request (ratings D, C, D, C and D).

Additional Information

For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

Auctioneers Additional Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.

Auctioneers Additional Comments

Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

Brochures

Brochure

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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Lytham Road, Blackpool, Lancashire, FY4 1DW

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Blackpool South Station0.1 miles
  • Blackpool Pleasure Beach Station0.6 miles
  • Squires Gate Station1.3 miles
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Disclaimer - Property reference 433999. 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 Pattinsons, Pattinsons Auction- National Auctioneer. 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 Pattinsons, Pattinsons Auction- National Auctioneer on 0191 625 0964.

*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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