Victoria House 304 North Promenade, Blackpool, Lancashire, FY1 2EY
Investment Residential Investment - FlatsHMOs
For Sale: £875,000
WITHDRAWN
Key Features
Residential Flat Investment
16 self contained flats
HMO Certificate
Parking options available
Excellent opportunity
Viewing strictly by prior arrangement - NO DIRECT APPROACHES
How to find out more…
If you have any questions about the property or would like to book a viewing, please get in touch with us via our contact page or the enquiry and viewing buttons above.
Property description
Location: This residential flat investment property occupies a convenient and strong trading location on North Promenade. It is situated within close proximity to local shops, businesses and amenities. The Promenade provides ease of commuting into Blackpool town centre with its array of shopping facilities, shopping centre and tourist attractions. The Promenade continues onto additional tourist attractions to include the Golden Mile, Sandcastle Complex and Pleasure Beach. Proceeding along the Promenade in a northerly direction provides access to Gynn Gardens, Bispham and the popular town centre of Cleveleys with its array of national retailers. Description: The sale of this property offers a rare opportunity to acquire a property of sizeable proportions occupying a North Promenade position and offering 16 self contained residential flats. The House of Multiple Occupancy flats are set over five storeys and vary in shape, size and accommodation. The property benefits from a HMO Certificate due to expire in September 2009. Internal viewings are available by prior appointment through our office. The vendor client reserves the right to confirm capability of prospective viewers, prior to an appointment being formalised. Plan drawings of the individual floors within the property are available to be viewed within our office by prior appointment. The property benefits from an L2 Fire System and we are informed that it has been rewired with each flat being separately metered. Each individual flat is separately rated for council tax. Agents Notes: For the purpose of the sales particulars we have assessed the potential rental of the total property to be in the region of £70,000 - £73,000 per annum. The property has not in the past been let separately and will be available with vacant possession on completion. Duxburys Commercial confirm it is the responsibility of any interested party to assess their own rental potential prior to interest being expressed in the property. This estimated rental represents an individual unit rental of between £75 - £120 per flat per week.