*Guide | £675,000+ (plus fees)
- Block of Apartments
- 22 Bedrooms
- Tenure: Freehold
Call the team on 020 7625 9007 for more information
A Substantial Corner Building Arranged to Provide Five Flats (2 x Two Bedroom, 1 x Three Bedroom, 2 x Four Bedroom) Let to a Social Housing Company Producing £80,621 Per Annum (Reflecting a Gross Initial Yield of 11.5%)
The property comprises a corner building arranged to provide five flats (2 x two bedroom, 1 x three bedroom, 2 x four bedroom) arranged over lower ground, ground and three upper floors. The property has been recently refurbished.
Tenure
Freehold
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Blackpool Beach are within easy reach. Transport links are provided by Blackpool North rail station.
Accommodation
Lower Ground Floor Two Bedroom Flat Ground Floor Three Bedroom Flat First Floor Three Bedrooms Flat Second Floor Four Bedroom Flat Third Floor Two Bedroom Flat
Tenancy
The property is let on a 20 year FRI index linked lease to a social housing company at a rent of £80,621 per annum.
EPC Ratings
Flat 1 - C Flat 2 - C Flat 3 - B Flat 4 - C Flat 5 - C
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 £1,800 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
