£225,000

Property

Lytham Road, Blackpool, FY4

First listed on: 29th September 2023

Nearest stations:

  • Blackpool South (0 mi)
  • Blackpool Pleasure Beach (0.7 mi)
  • Squires Gate (1.4 mi)
  • Blackpool North (1.7 mi)
  • Layton (2.8 mi)

Interested?

Call: See phone number 01253 420420

Further Informations

More Information

Property Features

  • Investment Property
  • Comprising 5 Self-Contained Permanent Flats Plus Lock Up
  • South Shore, Blackpool
  • Close to Shops and Amenities
  • Substantial 3 Storey Corner Property

Property Description

Tenure: Freehold

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



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.





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







PRICE IS A STARTING BID





VIEWING: By appointment through Kenricks 01253 420420.



















Property Reference INV040M



Shared Ownership: No

Further Informations

More Information

Property Features

  • Investment Property
  • Comprising 5 Self-Contained Permanent Flats Plus Lock Up
  • South Shore, Blackpool
  • Close to Shops and Amenities
  • Substantial 3 Storey Corner Property

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Price History

Listed prices are those submitted to us and may not reflect the actual selling price of this property.

Date History Details
04/11/2023 Property listed at £225,000
30/09/2023 Property listed at £250,000

Disclaimer

Disclaimer Property reference F507588AA60E2A_INV040M. Details are provided and maintained by Kenricks Commercial. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

This property is marketed by:
Kenricks Commercial, Blackpool

235 Church Street

Blackpool

FY1 3PB

Tel: See phone number 01253 420420

Request Further DetailsRequest Further Details Check AffordabilityCheck Affordability

Disclaimer

Disclaimer Property reference F507588AA60E2A_INV040M. Details are provided and maintained by Kenricks Commercial. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

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This property is marketed by:
Kenricks Commercial, Blackpool

235 Church Street

Blackpool

FY1 3PB

Tel: See phone number 01253 420420

Request Further DetailsRequest Further Details Check AffordabilityCheck Affordability
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