Lytham Road, Blackpool, FY4 Investment Property For Sale

Guide price £225,000 Starting bid
Bond: £0

Property Reference: INV040M

Contact the agent
  • Investment Property
  • Comprising 5 Self-Contained Permanent Flats Plus Lock Up
  • South Shore, Blackpool
  • Close to Shops and Amenities
  • Substantial 3 Storey Corner Property
  • In Lovely Order Throughout
  • Draws £26,104 pa
  • Potential to Increase Income
  • Approximately 0.081 Acres
  • Car Park for 3 Motor Vehicles
  • Viewing Highly Recommended

Property Description

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

This Substantial 3 Storey Corner Property comprises of 5 Permanent Flats. 1 x 2 Bed Flat, and 4 x 1 Bed Flat 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 which are let on shorthold tenancy agreements and generating an annual income of £21,164, with potential to increase to £26,000 + pa. once fully let.

Viewing Recommended.

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


Shower and toilet.

Flat 3


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.

EXTERIOR; 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 currently used by the landlord.

AGENTS NOTES: All flats have electric meters. The property is central heated and is double glazed.

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

BUSINESS: We are informed Flat 1 draws £117 pw, Flat 2,3,4 and 5 draw £95 pw. When fully let the property draws £26,104 pa.

Additional income could be generated from the lock up garage.

TENURE: Freehold


VIEWING: By appointment through Kenricks 01253 420420.

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Fee Information

The advertised rental figure does not include fees.