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Back Palatine Road, Blackpool, FY1 4DA

PROPERTY TYPE

Detached

BEDROOMS

2

BATHROOMS

1

SIZE

689 sq ft

64 sq m

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

  • A genuinely unique two-bedroom detached home, discreetly positioned along a private side street and offering something very different from the typical rental investment
  • Sold as a ready-made investment with a long-term tenant already in occupation and currently paying £775 per calendar month, providing an annual rental income of £9,300
  • The existing tenant is to remain in occupation following completion, allowing the purchaser to acquire an established investment with rental income already in place
  • Two significant improvements have recently been completed, including the installation of a new boiler and a full re-roof, reducing major future maintenance considerations
  • Generously proportioned front lounge with a large window providing plenty of natural light and ample space for substantial sofas and freestanding furniture
  • Practical fitted kitchen with a range of wall and base units, contrasting work surfaces, tiled splashbacks and sufficient space to create a useful dining area
  • Glazed doors lead directly from the kitchen into the enclosed rear yard, bringing additional natural light into the room and creating easy access to the outside space
  • Two well-proportioned first-floor bedrooms, including an excellent principal double bedroom and a useful second bedroom benefiting from built-in storage
  • First-floor shower room fitted with a shower enclosure, pedestal wash basin and WC, complemented by a frosted window providing natural light and ventilation
  • Enclosed, low-maintenance rear yard offering valuable private outside space together with a substantial storage shed and plenty of scope for outdoor seating

Description

A genuinely unique investment opportunity, this individual two-bedroom detached home is discreetly tucked away along a private side street and is offered for sale with a long-term tenant already in occupation, currently paying £775 per calendar month.

Detached houses of this size and type are rarely available within this price bracket, and the combination of an established tenancy, recent improvements and manageable accommodation makes this a particularly appealing proposition for landlords looking to add a ready-made investment to their portfolio.

The property has already benefited from two significant recent improvements, including the installation of a new boiler and a complete re-roof, helping to reduce some of the larger maintenance considerations often associated with older properties.

From the outside, the house has an attractive and distinctive appearance, with a traditional red-brick frontage and a tucked-away position that gives it a surprising degree of privacy while remaining convenient for the surrounding amenities and transport connections.

Stepping inside, the front door opens into a porch and then directly into a generously proportioned lounge. This is a comfortable main living space with a large front-facing window bringing in plenty of natural light, ample room for sofas and freestanding furniture, and useful original character within its proportions.

Beyond the lounge, an inner hallway provides access to the staircase and leads through into the kitchen. Fitted with a practical range of wall and base units, contrasting work surfaces and tiled splashbacks, the kitchen offers space for the necessary appliances together with room for a small dining table or breakfast area, and there is a large understairs storage cupboard. Glazed doors open directly onto the rear yard, bringing further natural light into the room and providing a pleasant connection with the outside space.

To the first floor are two bedrooms. The main bedroom is a particularly generous double room with plenty of space for a full range of bedroom furniture, while the second bedroom also offers useful proportions and benefits from built-in storage. Completing the first-floor accommodation is a useful shower room, fitted with a walk-in shower enclosure, pedestal wash basin and WC.

Externally, the property has an enclosed, low-maintenance rear yard with a useful storage shed. Its compact arrangement should prove relatively straightforward for a landlord to maintain, while still providing the tenant with valuable private outside space.

The property is being sold with the existing long-term tenant remaining in occupation and currently produces a rental income of £775 per calendar month, equivalent to £9,300 per annum. This allows the successful purchaser to acquire an established investment with rental income already in place from completion.

Distinctive, detached and occupying an unusually private position, this is an excellent opportunity for an investor seeking something a little different from the typical terraced rental property. Early enquiries are recommended.

Please note that the property is being sold as an investment with the tenant in situ. Further tenancy and rental information can be made available to genuinely interested purchasers.

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.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Off street
GARDENA property has access to an outdoor space, which could be private or shared.
Private garden
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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Back Palatine Road, Blackpool, FY1 4DA

Approximate location

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Affordability

Monthly repayments£577
Property: £ 115,000
Deposit: £ 11,500
Interest rate: 5.33%
Term: 30 years
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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.
Extension potential
Recently sold & under offer
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About Reid & Co Property Group, Powered by eXp, Preston

41 The Chase, Cottam, Preston, PR4 0NT

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Disclaimer - Property reference S1828515. 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 Reid & Co Property Group, Powered by eXp, Preston. 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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