-11 Crystal Road, Blackpool, FY1 Investment Property For Sale

Guide price £410,000 Starting bid
Bond: £0

Property Reference: INV652M

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  • 14 Self Contained Permanent Flats
  • South Shore, Blackpool
  • Close to Promenade, Entertainments & Amenities
  • 2 Storey Double Fronted End Terraced Property
  • Total Income £78,780 per annum
  • Priced to Sell
  • Car Parking for 8 Motor Vehicles
  • Retirement Sale
  • Viewing Recommended

Property Description

** FOR SALE BY AUCTION** On behalf of Pattinson Auctions, Kenricks are pleased to offer these 14 Self-Contained Permanent Flats for sale.


This two storey double fronted end terraced property is situated in South Shore, Blackpool being close to the Promenade, entertainments and amenities. 


The majority of the flats are tenanted.


Priced to sell with a potential yield of 17.5%


Viewing recommended.



Ground Floor 

Communal Entrance leading to:

Vestibule

Hallway.


Flat 1 

Lounge / Kitchen

1 Bedroom.

Bathroom comprising shower, toilet and washbasin.


Flat 2

Lounge / Kitchen

1 Bedroom.

Bathroom comprising shower, toilet and washbasin.


Flat 2a

Lounge / Kitchen

1 Bedroom.

Bathroom comprising shower, toilet 

and washbasin.


Flat 3 

Lounge / Kitchen

1 Bedroom.

Bathroom comprising shower, toilet 

and washbasin.


Flat 6

Lounge / Kitchen

1 Bedroom.

Bathroom comprising shower, toilet 

and washbasin.


First Floor


Flat 4

Lounge / Bedroom/ Kitchen 

Bathroom comprising shower, toilet 

and washbasin.


Flat 4a

Lounge / Kitchen 

1 Bedroom.

Bathroom comprising shower, toilet 

and washbasin.


Flat 5

Lounge / Bedroom/ Kitchen 

Bathroom comprising shower, toilet 

and washbasin.


Flat 7

Lounge / Bedroom/ Kitchen 

Bathroom comprising shower, toilet 

and washbasin.


Flat 8 

Lounge / Bedroom/ Kitchen 

Bathroom comprising shower, toilet 

and washbasin.


Flat 9 

Lounge / Bedroom/ Kitchen 

Bathroom comprising shower, toilet 

and washbasin.


Flat 10

Lounge / Kitchen 

1 Bedroom.

Bathroom comprising shower, toilet 

and washbasin.


Flat 11

Lounge / Bedroom/ Kitchen 

Bathroom comprising shower, toilet 

and washbasin.


Flat 12

Lounge / Bedroom/ Kitchen 

Bathroom comprising shower, toilet 

and washbasin.


EXTERIOR; Large Enclosed Garden to the rear. Car park to the side and rear providing parking for 8 motor vehicles. 


AGENTS NOTES: The property is part double glazed and has an L2 Fire System installed.

Each flat has its own electric Metro Meter installed.

Flats 2a and 3 have gas central heating and pay for their own supply, the remaining flats have electric heating. 

The landlord pays the water rates.

The property has loft insulation, internal wall insulation and storage heaters, the EPCs have not been updated accordingly.

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


BUSINESS:  

When let flats 1,2,2a and 3 draw £500 pcm. 

Flats 4, 4a, 7, 8 and 11 draw £450 pcm

Flats 5 draws £480 pcm

Flat 6 draws £455 pcm

Flat 9 and 12 draw £430 pcm

Flat 10 draws £520 pcm

Annual income when fully let is £78,780 per annum


TENURE: Freehold.


PRICE IS STARTING BID


VIEWING: By appointment through Kenricks 01253 420420.




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Fee Information

The advertised rental figure does not include fees.