£239,950 (Freehold)View More Details
DESCRIPTION: Substantial 3 storey property located to the North of Blackpool Town Centre close to the Promenade and all amenities. 6 self contained flats consisting of 4 x 1 bed and 2 x 2 bed units. All flats pay their own council tax and have separate electricity meters and metered water supplies. Individual gas lines have been installed but are not connected. The existing landlords have owned the building since 2001 with strong occupancy levels during this time. Gross rental income in excess of £29,000 per annum providing a 12% yield.***OFFERS IN THE REGION OF £239,950***
LOCATION: On the Northerly frontage of Banks Street situated between Dickson Road and The Promenade immediately north of the Town Centre.
Ground Floor: Flat 2: Lounge/kitchen 4m x 6m; bedroom 4.1m x 2.5m; bathroom 1.7m x 3.2m. Flat 1: Inner hall; bedroom 2.3m x 2.7m; bathroom 1.8m x 2.9m with bath and step in shower; lounge 2.8m x 4m; Kitchen 2m x 3.8m;
First Floor: Flat 3: Inner hall; Bedroom 2.4m x 2.9m with en suite shower and wc 1.1m x 3m; kitchen 1.9m x 2.9m; lounge 2.8m x 4m; Flat 4: Inner hall; lounge 4m x 4m; bedroom 2m x 3m; kitchen 2.8m x 1.3m; bedroom 2.9m x 4.3m; shower and wc 2m x 1.7m;
Second Floor: Flat 5: Inner hall; bedroom 2.6m x 3m; shower and wc 3m x 2.9m; kitchen 1.8m x 3m; lounge 4m x 2.8m; Flat 6: Lounge 4m x 4.7m open to kitchen 2.1m x 3.6m; bedroom 4.4m x 2.2m + 3m x 1.7m; staircase to:-
Attic: Loft bedroom 6.1m x 4.6m including store.
Exterior: Rear yard, forecourt parking for 2 cars.
Flat 1: £90 per week
Flat 2: £90 per week
Flat 3: £90 per week
Flat 4: £100 per week
Flat 5: £90 per week
Flat 6: £100 per week
Total £560 a week (£29,120 per annum)
SERVICES: Electric and water services connected, gas lines installed but not connected. Individual metered electric and water to each flat.
Viewing STRICTLY BY PRIOR TELEPHONE APPOINTMENT THROUGH OUR OFFICE.
26 Banks Street, Blackpool FY1 1RN
Tenure Type: Freehold
Private Living: No