Investment Properties for sale in Blackpool

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Imran Ahmed (Nov 2014)
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Freehold Price: £289,950
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Business Description
Duxburys Commercial are pleased to market this residential flat investment property which is long leasehold. We are informed that the property is long leasehold on a 999 year lease which commenced in 1984. A nominal ground rent is payable. The property comprises of five self contained flats set over three storeys, commencing from the first floor. The accommodation as a whole is accessed from the ground floor. Location: This residential flat investment property occupies a convenient location in North Shore, Blackpool. It is situated connecting onto Dickson Road and the Promenade (A584). These roads provide for commuting to surrounding residential and resort areas with Blackpool`s train station, bus station and town centre nearby. Rental Income: Flat 1: £100 per week Flat 2: £110 per week Flat 3: £95 per week Flat 4: £120 per week Flat 5: £110 per week Total weekly gross rental income approx £535 (£27,820 per annum) Agents Notes: We are informed that the vendor client is responsible for the heating bill for the property which is to be deducted from the gross income. Viewing: Strictly by prior arrangement through our office Disclaimer: The sales particulars have been produced with information provided by the owner/occupier or landlord and are made in good faith without any responsibility whatsoever on the part of Duxburys Commercial. It is for the purchaser or as the case may be the lessee to satisfy themselves by inspection or otherwise, as to the accuracy or fullness of the information. They must not in entering into any contract or incurring costs or otherwise rely upon these particulars as statements or representations of facts.

• Residential flat investment
• 5 self contained flats
• All flats are currently let
• Gross rental income £27,820 pa
• Close to train & bus station
• Viewing by prior arrangement
Tenure: Freehold

Location Details: 31 BANKS STREET

Listed by: Duxburys Commercial
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