Business Summary

Key Features:-

Four Residential Flats End Terraced Property Gross Rental Potential £19,084 PA Good Investment Opportunity.

Property Description:-

This residential flat investment property is set over two storeys and comprises of four flats in total.

The ground floor flat is presently occupied by the owner, but will be vacated on completion of a sale.

It is an end terrace property benefiting from a rear garden,garage and parking.

Location
This residential flat investment property occupies a dense residential location in North Shore, Blackpool.

The location is near to shops and amenities, also providing ease of access onto the Promenade and into the town center.

Accommodation Comprising

Ground Floor
Flat 1 (presently owners flat)
Lounge, dining room, Kitchen, Double bedroom through to Bunks bedroom and bathroom.
Potential rental: (up to) £125 per calendar week.
The flat benefits from gas central heating.

First Floor
FLAT 2: Lounge/ kitchen, bedroom
Rental: Let on a AST at £80 per calendar week
FLAT 3: Lounge/ Kitchen, bedroom
Rental Let on a AST at £88 per calendar week
FLAT 4: Studio flat
Rental : Let on a AST at £69 per calendar week
LANDING: WC/ Bath

Exterior
Front and rear garden areas. Rear parking and garage.

Rental Income
Flat 2 is let at £83.00 per week
Flat 3 is let at £90.00 per week
Flat 4 is let at £69.00 per week

Total potential rent is £367 per week (£19,084 per annum)
Agents Notes
Council Tax:
To be confirmed.

Rental Income:
Combined potential rental income:
£362 per week (£18,824 per annum)

Landlords Costs:
The Landlord is responsible for the Water Rates and council tax at a combined annual cost of approximately £2,535 per annum.

We have been informed by the vendor that a certificate of lawful use is in place.

Viewing
Strictly via prior appointment through Kenrick and Co. 01253 627770.

Directions
Proceed along the Promenade from Gynn roundabout towards Bispham / Cleveleys. Turn right into Shaftesbury Avenue off North Promenade and proceed along in-land.

The property can be found on the right hand side.

Property Details