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A Mid Terrace Building Arranged to Provide 2 x One Bedroom Flats Fully Let Producing £12,000 Per Annum (Reflecting a Gross Initial Yield of 20%)
The property comprises a mid terrace building arranged to provide a ground floor one bedroom flat and a first floor one bedroom flat.
Tenure
Freehold
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Revoe Park Playground are within easy reach. Transport links are provided by Blackpool South rail station.
Accommodation
Ground Floor One Bedroom Flat (Not inspected) First Floor One Bedroom Flat with Loft Room (Not inspected)
Exterior
The ground floor flat benefits from a private rear yard.
Tenancy
The ground floor flat is subject to an Assured Shorthold Tenancy at a rent of £500 per calendar month. The first floor flat is subject to an Assured Shorthold Tenancy at a rent of £500 per calendar month.
EPC Rating
Ground Floor Flat - E First Floor Flat - E
Energy Efficiency Rating (EPC)
Current Rating E
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.