21 Alfred Street, Blackpool, Lancashire, FY1 4LL
Investment
For Sale: £169,995
SOLD
Key Features
SOLD SUBJECT TO CONTRACT
5 HMO Investment Flats - 4 Currently let out & 1 used as private
Producing appox £220 per week
Potential to let private flat at £90-£95 per week
Coin operated electric
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
We are pleased to confirm the sale of this home of multiple occupancy that occupies a central and convenient location on Alfred Street. The property has been owned by the present occupier for a number of years who currently resides in the ground floor flat that consists of a lounge, bedroom, shower room and kitchen. We anticipate that this flat could generate a weekly income of between £90 - £95 per week. To the first floor are flats 1 & 2 that both consist of a lounge/kitchen and separate bedroom. The two bedsits share a bathroom and separate toilet also on the first floor. A similar scenario is set up to the second floor which consists of flats 3 & 4 each again offering a lounge/kitchen and separate bedroom. These bedsits again share a bathroom with additional separate shower. The four bedsits generate an income of £55 per week, with the total potential weekly income approximately £315 if private flat was let. The potential annual gross income is £16,380, from which the present owners pays an annual council tax and water bill. Each flat is coin operated for electricity. Viewings are highly recommended to this investment opportunity through a prior appointment with our office.