Block of flats for sale in Blackpool FY4, 0 Bedroom
Quick Summary
- Property Type:
- Block of flats
- Status:
- For sale
- Price
- £ 200,000
- Beds:
- 0
- Recepts:
- 1
- County
- Lancashire
- Town
- Blackpool
- Outcode
- FY4
- Location
- Withnell Road, South Shore FY4
- Marketed By:
- Savill Court Estates
- Posted
- 2024-04-11
- FY4 Rating:
- More Info?
- Please contact Savill Court Estates on 01253 276177 or Request Details
Property Description
We are delighted to offer for sale this Three storey semi-detached premises, sub-divided into 7 studio/flats, offering an ideal investment opportunity. Located in a convenient residential area of South Shore, close to shops, schools, transport links and all other local amenities.
Currently an hmo Certificate for 7 units, comprising of 3 studios with shared bathroom facilities, and 4 self contained units. The tenants occupy under Assured Shorthold Tenancy Agreements. The landlord is responsible for payment of water rates, the gas bill for the communal heating and payment of community rates for the 3 bedsits. The flats have individual card electric meters..
Market rental value One unit at £150 per week, two units at £85 per week, one unit at £65 per week and three units at £90 per week. This provides a gross income of £34,060 per annum.
Accommodation. Communal entrance hall with vestibule, meter cupboards, fire alarm system. The common areas have emergency lighting, smoke and heat detection.
Flat 1 (Rear).
Entrance Hall, Bedroom, Lounge, Kitchen.
Basement area, 2 Bedrooms, Shower room and WC, cupboard with electric meters.
Ground Floor.
Studio 2 - Bedsitting room and kitchen area.
1st floor
Shared Shower Room and WC.
Studio 3 - Shower room and WC, Bedsitting room and kitchen area.
Main Landing.
Flat 4 - Small Sitting Room, kitchen, Bedroom with en-suite Shower Room.
Flat 5 - Studio flat with kitchen area.
2nd floor
Flat 6 - Sitting room and kitchen area, Bedroom, Shower room and WC.
Flat 7 - Studio with Bedsit and kitchen area.
Three of the bedsits use 1 communal shower room.
Outside
Front forecourt, shared driveway, rear paved courtyard, outbuildings.
Services
Please note that no tests of services have been undertaken, the property service supplies are as follows.
Electricity Mains supply, each flat with a separate card meter.
Gas There is one mains gas supply with a central heating boiler found in the front studio 2. This serves central heating to the communal areas.
Water Rising main, one water meter.
Drainage Mains sewer.
Heating Individual electric panel heaters to the flats.
Fire alarm There is a fire alarm system with emergency lighting, smoke and heat detection.
Entry system Each flat/studio has an individual entry system.
Rent Scheduled.
1 Bedsit Let at £65 per week.
2 Bedsits Let at £85 per week.
3 Flats Let at £90 per week
1 Large 3 Bedroomed Flat Let at £150 per week.
Gross rental income = £655 per week. Providing a gross income of £34,060 per annum, provides a yield of 15.8%.
Property Location
Marketed by Savill Court Estates
Disclaimer Property descriptions and related information displayed on this page are marketing materials provided by Savill Court Estates. estateagents365.uk does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Savill Court Estates for full details and further information.