Lancaster Court, Reads Avenue, Blackpool, FY1 Investment Property For Sale

Guide price £150,000 Starting bid
Bond: £0

Property Reference: INV247M

Contact the agent
  • Investment Property
  • Comprising 6 Self Contained Flats
  • Central Blackpool
  • Close to Town Centre & Amenities
  • Substantial 3 Storey Property
  • Priced to Sell
  • When Fully Let Draws £34,728 pa
  • Car Park for 4 Motor Vehicles
  • Viewing Recommended

Property Description

DESCRIPTION: **For Sale by Online Auction** On behalf of Pattinson Auctions Kenricks are pleased to offer this Investment Property comprising of 6 Self-Contained Flats for sale.

This Substantial 3 Storey end terraced property is situated in Central Blackpool being close to the Town Centre, Entertainment and amenities.

We are informed that the flats are operated as Mixed Use, 3 Permanent Flats and 3 Holiday Flats drawing an annual income of £34,728, but planning permission is in place for Holiday Flats / Service Accommodation.

Viewing Recommended.

Ground Floor

Communal Entrance leading to:

Hallway.



Flat 1

Lounge / Kitchen

Bedroom

Shower and Toilet.


Flat 1A

Lounge / Kitchen

Bedroom

Bathroom

Lower Ground Floor

Cellar Area


First Floor

Flat 2

Lounge / Kitchen.

Bedroom

Shower and Toilet

Flat 3

Lounge / Kitchen / Bedroom

Shower & Toilet.

Shared Shower & Toilet

Second Floor

Flat 4

Lounge / Kitchen / Bedroom.

Shower and Toilet.

Flat 5

Lounge

Kitchen

Bedroom 1

Bedroom 2

EXTERIOR; Car Park to the front of the property providing Parking for 4 motor vehicles. Small Yard to the rear of the property.

AGENTS NOTES: Each flat has a separate electric card metre.

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

BUSINESS: We are informed that when Let Flat 1 draws £125 per week, Flat 1A draws £130 per week. Flat 2 draws £125 per week, Flat 3 draws £392 pcm and Flat 4 draws £90 per week, Flat 5 draws £100 per week. When fully let draws £34,728 per annum.


TENURE: Freehold

PRICE IS A STARTING BID

VIEWING: By appointment through Kenricks 01253 420420.


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Fee Information

The advertised rental figure does not include fees.