£249,950 (Freehold)View More Details
DESCRIPTION: Semi-detached property arranged as 6 self-contained flats located close to Cleveleys Town Centre and the Promenade. 5 one bedroom and one studio units ranging from 19sqm to 35sqm. Rent roll with full occupancy £2,500 per calendar month. The flats have planning permission for 5 self-contained flats with 3 one bedroom, 1 studio in the main building and a 2 bedroom self-contained to the rear with its own entrance. Initial gross yield 12%.
LOCATION: On the Northerly frontage of Beach Road in Cleveleys close to the Promenade and Cleveleys Town Centre.
Ground Floor: Entrance hall and meter cupboard; communal hall & stairs; Flat 1: (Total 35sqm) Lounge and kitchen; bedroom; bathroom;
First Floor: Flat 3: (Total 19sqm) Studio unit and bathroom; Flat 4: (Total 22sqm) Lounge; bedroom; kitchen; bathroom;
Second Floor: Flat 5: (Total 35sqm) Lounge; kitchen; bedroom; bathroom;
Ground Floor Rear: Flat 2 Independent entrance: Lounge kitchen; bathroom; bedroom: Flat 2a: Lounge kitchen; bedroom with en suite shower and wc; NB: Flat 2/2a has planning as a 2 bedroom unit.
Flat 1: £440 per calendar month
Flat 2: £440 per calendar month
Flat 2a: £450 per calendar month
Flat 3: £348 per calendar month
Flat 4: £390 per calendar month
Flat 5: £440 per calendar month
Total: £2,500 per calendar month (£30,000 pa)
SERVICES: Electric and water services connected, double glazed. Individual electric meters.
Viewing STRICTLY BY PRIOR TELEPHONE APPOINTMENT THROUGH OUR OFFICE.
80 Beach Road, Cleveleys FY5 1EH
Tenure Type: Freehold
Private Living: No