Investment Property Comprising 9 Bed Student Accommodation – All En-Suite

  • Freehold Price: £200,000
Blackpool, Lancashire, England
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Investment Property Comprising 9 Bed Student Accommodation – All En-Suite

Blackpool, Lancashire, England
  • Freehold Price: £200,000

Description

* Investment Property Comprising 9 Bed
Student Accommodation – All En-Suite
* Central Blackpool
* Close to Blackpool & Fylde College/University
* Substantial 3 Storey Semi Detached Building
* In Good Order Throughout
* When Fully Let Draws £35,260 pa
* Over 16% Yield
* Potential to Increase Income
* Car Parking
* Viewing Recommended

DESCRIPTION: *FOR SALE BY AUCTION* On behalf of Pattinson Auctions, Kenricks are delighted to offer this excellent Investment property for sale.

This 9 Bedroom student accommodation is situated within 200 yards of the Blackpool and Fylde College/University Campus.

The property which is a 3-storey semi-detached period building has been maintained to a high standard and needs to be viewed to be fully appreciated.

Ground Floor
Main Entrance leading to:
Lounge with feature fireplace, high period feature ceilings and bay window.
Dining Room with Archway leading to:
Kitchen Area 1 with wall and base units.
Fitted Kitchen with wall and base units.
Storage Cupboard.
Student Bedroom with En-Suite.

Lower Ground Floor
Cellar Area.

First Floor
4 Student Bedrooms – All En-Suite.

Second Floor
4 Student Bedrooms – All En-Suite.

EXTERIOR; Concrete area to the front. Car park to the rear providing parking for 2 motor vehicles.

AGENTS NOTES: The property is centrally heated and has double glazing. Sale subject to the fees, terms and conditions of Pattinson Auctions.

BUSINESS: We are informed the rooms are rented on a 43–45-week contract between £85 and £95 per week generating an annual income of £35,260. There is potential to increase income with Summer Lets outside the 43–45-week period.

PRICE IS A STARTING BID

VIEWING: By appointment through Kenricks 01253 420420.

Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
NA

Listed By:

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