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71 Station Road, Blackpool, FY4 1EU

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010640

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HMO flats and shop Investment

71 Station Road
Blackpool
FY4 1EU

475000.00

Freehold

REF: 010640

Brochure
Description: A substantial 4 storey property located to the South Shore area of Blackpool close to south promenade. Total current rental income £58,000 per annum. Shop is let as a well established sun bed studio at a rent of £9,400 per annum. 7 spacious flats consisting of 4 two bedroom and 3 one bedroom apartments all with their own bathrooms with a current combined rental income of £48,600 per annum. The property has a HMO license from Feb 2024. A spacious property in good condition. Landlords recent improvements include 95% new UPVC windows, rear walls rendered and metal fence installed, new electric roller shutter garage door, front bays repaired and repainted, roof repaired chimneys repointed and lead work replaced. Viewing recommended.

Location: On the southerly frontage of Station Road which is in the South Shore area of Blackpool off the Promenade opposite South Pier.

Lower Ground Floor: Storage

Ground Floor: Sun bed shop 86 sqm; hall and stairs to apartments; Flat 1A - Kitchen; lounge; bedroom; bathroom; 2nd bedroom with en suite shower and wc, access to rear workshop.

First Floor: Flat 1 - Lounge open plan kitchen; bedroom; bathroom.
Flat 2 - Lounge open plan kitchen; bedroom; bathroom; 2nd bedroom.

Second Floor: Flat 3 - Lounge open plan kitchen; bedroom; bathroom.
Flat 4 - Lounge open plan kitchen; bedroom; bathroom; 2nd bedroom.

Third Floor: Flat 5 - Lounge open plan kitchen; bedroom; bathroom.
Flat 6 - Lounge open plan kitchen; bedroom; bathroom; 2nd bedroom.

Exterior: Garage & bin store with electric roller shutter, roof top patio for flat 1

Business: Annual rent schedule;
£9,400 pa - Tanning salon
£7,380 pa - Flat 1A
£5,940 pa - Flat 1
£7,800 pa - Flat 2
£5,700 pa - Flat 3
£7,800 pa - Flat 4
£6,600 pa - Flat 5
£7,380 pa - Flat 6
£58,000 per annum

Services: All mains. Gas to flat 1A. Electric heating to rest. Individual billed meters. Landlord pays council tax band C

Tenure: Freehold

Viewing STRICTLY BY PRIOR TELEPHONE APPOINTMENT THROUGH OUR OFFICE.

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