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SUBSTANTIAL BLOCK OF 9 FLATS

Blackpool, Lancashire, England

  • Freehold Price: £349,950
Seller Reference: broomheads_WAR373
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Business Description
 
 
 
 
 
 
 
 
 
 
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Seller Reference: broomheads_WAR373
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Business Description
• ALL SELF CONTAINED
• 6 x 1 BEDROOM - 3 X STUDIOS
• RENTAL INCOME £40,794 PA
• ESTABLISHED TENANTS / EPC RATINGS C -G
- INCOME £40,794 PER ANNUM - BLOCK OF 9 PERMANENT FLATS - 6 x 1 BEDROOM & 3 X STUDIO - ESTABLISHED TENANTS IN PLACE - GAS,ELECTRIC & WATER - RETIREMENT SALE

An imposing and prominent block of flats situated in the North Shore Area of Blackpool just a short walk from the Promenade, Local Supermarkets, Schools & Bus Routes. The property is served by both Electric and Gas with Gas Central Heating boilers in 2 flats and Electric Storage Heaters in the others. The property is occupied by mature tenants (40Yrs+). Tenants have been in situ. ranging between yrs 2004, 2005 up to Yr. 2020

A number of flats have undergone a programme of updating and all flats have been updated with Electrical Installation Reports. A Damp Course has been added to one flat in February 2021. Double Glazing.

GROUND FLOOR:

Communal hallway to :

FLAT 1 - Studio - Lounge/Bedroom - Separate Kitchen - Separate Bathroom
FLAT 2 - Separate Lounge, Separate Bedroom, Separate Kitchen, Separate Shower-Room
FLAT 7 - Separate Lounge, Separate Kitchen, Separate Bedroom - Separate Bathroom

LOWER GROUND FLOOR:

FLAT 6 - Studio Lounge/Bedroom - Separate Kitchen - Separate Shower-Room

FIRST FLOOR:

FLAT 3 - Separate Kitchen - Separate Bedroom - Separate Lounge - Separate Bathroom
FLAT 4 - Studio - Lounge/Bedroom - Separate Kitchen - Separate Shower-Room
FLAT 8 - Separate Kitchen - Separate Bedroom - Separate Lounge - Separate Bathroom

SECOND FLOOR:

FLAT 5 - Separate Lounge - Separate Kitchen - Separate Bedroom - Separate Shower-Room
FLAT 9 - Separate Kitchen - Separate Bedroom - Separate Lounge - Separate Shower-Room

EXTERIOR:

Car Parking to the front.

SERVICES:

Gas, Electric & Water.

Gas Central Heating in flats 2 & 7. Electric (Economy 7) Heating in 7 flats.

Electrical Installation Certification - Passed and Available
Gas Certification - Passed and Available
Damp Course Installation Certified - Available

BUSINESS: £40,794 Per Annum

FLAT 1 - £360.00 pcm - FLAT 2 - £420.00 pcm - FLAT 3 - £379.17 pcm - FLAT 4 - £335.83 pcm - FLAT 5 - £368.33 pcm - FLAT 6 - £368.33 pcm - FLAT 7 - £420.00 pcm - FLAT 8 - £368.33 pcm - FLAT 9 - £370.00 pcm

Established Tenants ranging from 2004 to 2020
________________________________________

EPC RATINGS:
FLAT 1 - E
FLAT 2 - C
FLAT 3 - D
FLAT 4 - D
FLAT 5 - G
FLAT 6 - C
FLAT 7 - D
FLAT 8 - D
FLAT 9 - F

These particulars are intended only as a guide to prospective purchasers or tenants to enable them to decide whether to make further enquiries with a view to taking up negotiations but they are otherwise not intended to be relied upon in any way or for any purpose whatever and accordingly neither their accuracy nor the continued availability of the property is in any way guaranteed and they are furnished on the express understanding that neither the agent nor the vendors or landlord are to be or become under any liability or claim in respect of their content. In the event of the agents or the vendor or landlord supplying any further information or expressing any opinion to a prospective purchaser or tenant, whether verbal or in writing, such information or expression of opinion must be treated as given on the same basis as these particulars.
To make an offer please make an appointment with this office prior to contacting your Lender or Solicitor, as this may result in unnecessary costs being incurred, or the property being sold elsewhere.
Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it..
Tenure:
Freehold
Location Details:
Warbreck Drive, Blackpool, FY2 9LF
Listed by:
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