Hornby Road, Blackpool, FY1 Investment Property For Sale

**FOR SALE BY AUCTION** On behalf of Pattinson Auctions, Kenricks are pleased to offer this Investment Property for Sale.

This Substantial Period 2 Storey Corner Property comprises of 6 Self-Contained Permanent Flats. 1 x 2 Bed Flat, and 5 x 1 Bed Flat.

The property is situated at the junction of Hornby Road and Park Road Blackpool, being close to town centre, shops and amenities.

The flats are in very good order throughout, which is reflected in the long-standing tenants, and generates an annual income of £27,820 per annum, with potential for rental uplift as rents haven’t been increased for some time.

Viewing Highly Recommended.

Ground Floor

Flat 1 – Separate Entrance

Lounge

Kitchen.

Storeroom.

Bathroom with three-piece suite.

Bedroom 1.

Bedroom 2.

External - Enclosed Garden/Patio area to the rear.

Main Building

Lower Ground Floor

Basement for storage.

Communal Hallway.

Ground Floor Continued

Flat 1a

Lounge.

Kitchen/Dining area.

Bathroom with 4-piece Suite.

Bedroom.

First Floor

Flat 2

Lounge.

Kitchen.

Bathroom with 3-piece suite.

Bedroom.

Flat 3

Lounge/Bedroom.

Kitchen.

Shower and Toilet.

Bedroom.

Flat 4

Lounge.

Kitchen.

Shower and Toilet.

Bedroom.

Flat 5

Lounge/Kitchen.

Shower and Toilet.

Bedroom.

EXTERIOR; Car park to the front, providing car parking for 6 motor vehicles. Paved area to the side of the property.

AGENTS NOTES: All flats have separate utilities and intercom systems. The property is central heated with separate Combi Boilers and is double glazed.

L2 Fire system.

New windows and front door were installed in August 2023.

Sales subject to the fees, terms and conditions of Pattinson Auctions.

BUSINESS: We are informed Flat 1 draws £75 pw, Flat 1a draws £120 pw, Flat 2 draws £90 pw, Flat 3 draws £80 pw, Flat 4 draws £90 pw and Flat 5 draws £85pw.Total annual rent - £27,820.

TENURE: Freehold

PRICE IS STARTING BID

VIEWING: By appointment through Kenricks 01253 420420.