Situation:
The property is situated on Central Drive, a popular and sought after residential area amongst other properties of a similar style, close to the heart of Blackpool with its wealth of facilities and amenities, along with being within walking distance of the beach and the seafront amenities. Fleetwood, Cleveleys, Preston and Lancaster are within easy reach.
Description:
A mid terrace property offered for sale with accommodation over 3 floors benefitting from deceptive, well-proportioned family living accommodation. Currently configured as block of 5 self contained / studio apartments, this is an ideal investment opportunity, with scope as either a HMO, studio apartments, private residence, or potential for a B & B (all subject to planning permission being obtained). There is a strong local demand for rental properties in the area with potential for a significant yield, and a viewing is recommended to appreciate the scope of property on offer. One of the flats is currently occupied on an AST with rent of £4680 per annum. There is potential income generating prospects of over £25,000 per annum subject to configuration and specification.
Accommodation
Flat 1
Open Plan living kitchen
Bedroom
Shower Room
Flat 2
Open Plan living kitchen
Bedroom
Shower Room
Flat 3
Open Plan living kitchen
Bedroom
Shower Room
Flat 4
Open Plan living kitchen
Bedroom
Shower Room
Flat 5
Open Plan living kitchen
Bedroom
Shower Room
Material Information
Tenure:
The property is freehold. All prospective bidders should satisfy themselves of terms of the tenure, ground rent and service charge if applicable, by inspecting the legal pack.
Council Tax:
The properties falls within Blackpool Council – BAND A
Possession:
4 flats are sold with vacant possession however one flat is subject to existing tenancy agreement.
Viewing:
Strictly by appointment with Auction House.
Services:
Prospective purchasers are advised to make their own enquiries of the relevant statutory authorities. NB: Services, Apparatus and Equipment have not been tested by Auction House and therefore cannot be verified as being in working order. The buyer is advised to obtain verification from their Solicitor/Surveyor.
These particulars are believed to be correct but their accuracy is not guaranteed and they do not form any part of any contract. Information relating to Rating and Town and Country Planning matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate Authority. Information relating to Phone & Broadband can be found by visiting Ofcom. All measurements, areas and distances are approximate only. Potential purchasers are advised to check them.
Flat 1 - D / Flat 2 - TBC / Flat 3 - F / Flat 4 - F
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Non-refundable £3,600 inc VAT payable on the fall of the virtual gavel.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Call the team on 01427 616436 for more information
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
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