Lytham Road, Blackpool, FY4 Investment Property For Sale

Guide price £255,000 Starting bid
Bond: £0

Property Reference: INV621M

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  • Investment Property Comprising 6 Self-Contained Permanent Flats
  • South Shore Blackpool
  • Substantial Detached Property
  • Desirable Location
  • Close to Shops & Amenities
  • Currently Draws £26,790 per annum
  • Viewing Recommended

Property Description

DESCRIPTION: **FOR SALE BY AUCTION** On Behalf of Pattinson Auctions, Kenricks are delighted to offer this substantial detached Investment property for sale.  


The property comprises 5 tenanted and 1 vacant permanent self-contained flats situated in the desirable location of Lytham Road, being close to Highfield Road shops and amenities. 


The tenanted flats are currently let on Assured Shorthold Tenancy Agreements to long standing tenants.


Ground Floor


Flat 1

Lounge/Kitchen/Diner

Bedroom – En- suite shower room with sink & toilet


Ground Floor continued…


Flat 2

Lounge/Kitchen/Diner

Bedroom – En- suite shower room with sink & toilet


Flat 3 

Living Room

Kitchen

Bathroom comprising a shower, toilet, and wash basin.  


First Floor


Flat 4

Living Room

Kitchen

Bathroom comprising a shower, toilet, and wash basin.  


Second Floor


Flat 5

Lounge

Bedroom with En-Suite Shower

Kitchen

Washroom


Flat 6

Lounge

Bedroom with En-Suite Shower

Kitchen

Washroom


EXTERIOR: Substantial Car parking to the front with parking for 8 motor vehicles. Yard to the rear 


AGENTS NOTES:  

Landlord fed electricity supply (Metro meters installed in all flats)

Central Heating throughout with each flat having its own boiler with gas meter where each individual tenant must top up by pre-payment card.

The property has double glazing. 

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


BUSINESS: We are informed that 

Flat 1 Draws £433.33 p c m

Flat 2 Draws £390.00 p c m

Flat 3 Draws £325.00 p c m

Flat 4 Draws £325.00 p c m

Flat 5 Draws £390.00 p c m 

Flat 6 Draws £368.33 p c m 


A total annual income of £26,790



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.