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    Property Details

    Reads Avenue, Central Blackpool, Blackpool, FY1 4DE

    Summary

    Status: for Sale

    Property Type: Flats
    Tenure: Freehold

    Bedrooms: 4
    Bathrooms: 4
    Reception Rooms: 4

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    GROUND FLOOR FLAT 1

    Property Features:

    • FOUR SELF CONTAINED FLATS
    • TWO FLATS ARE CURRENTLY TENANTED
    • 3 X 1 BED 1 X 2 BED FLATS
    • POTENTIAL TO GENERATE 370 PW - 19,240 PER ANNUM
    • POTENTIAL 16.7% RETURN
    • EACH FLAT REGISTERED FOR COUNCIL TAX
    • GAS CENTRAL HEATING - GF FLAT
    • ONE GAS METER - ONE ELECTRIC METER
    • IN NEED OF RENOVATION
    • PARKING TO THE FRONT.

    Price £104,950
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    Description:

    IDEAL BUY TO LET INVESTMENT - Four self contained flats requiring modernisation comprising 1 x 2 bed and 3 x 1 beds situated in a popular residential location close to Blackpool Town Centre, shops and transport links. Two out of four flats are currently tenanted at 170 PW. The property has the potential to generate 370 PW - 19,240 PA - 18% RETURN. Benefits include gas central heating, double glazing, separate gas and electric meter and each flat pays their own council tax. Viewing is advised to see the potential investment at hand.

    Rooms:

    GROUND FLOOR    


    FLAT 1    
    BATHROOM BEDROOM 1 BEDROOM 2 KITCHENLOUNGE

    FIRST FLOOR    


    FLAT 2    
    LOUNGEKITCHENSHOWER ROOMBEDROOM

    FLAT 3    
    BEDROOM SHOWER ROOMLOUNGEKITCHENETTE CURRENTLY TENANTED AT 85 PW

    FLAT 4    
    BEDROOMSHOWER ROOMLOUNGEKITCHEN CURRENTLY TENANTED AT 85 PW

    ADDITIONAL INFORMATION    
    The ground floor flat has the boiler which controls all the radiators throughout the building. There is one gas meter and one electric meter. (not a keycard meter)The landlord currently pas the gas and electricity and includes it in the rent. Each flat is registered separately for council tax purposes.

    Additional Images:

    BATHROOM BEDROOM 1 BEDROOM 2 KITCHENLOUNGE

    Map and Street View:

    Please note that this service is not intended to pinpoint the actual address.
    Photographs are for the guidance only of prospective purchasers and must not be relied upon as statements of fact.

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