FREEHOLD TITLE OF NAVENTIS COURT, SINGLETON STREET, BLACKPOOL, LANCASHIRE, FY1
Investment
For Sale: £125,000 for the freehold
Key Features
BEING MARKETED FOR SALE IS THE FREEHOLD TITLE OF NAVENTIS COURT (27 NO. FLATS PAYING GROUND RENT)
PLUS THE OWNERSHIP OF THE BASEMENT FLOOR THAT IS LET OUT TO A DANCE/THEATRE SCHOOL
27 NO. FLATS PAY £125 PA GROUND RENT EACH
BASEMENT IS LEASED OUT £6,400 PA EXC
COMBINED INCOME POTENTIAL: £9,775 PA
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 instructed to sell:
- The Freehold Title for Naventis Court. Singleton Street, Blackpool, Lancashire, FY1 5AX
- A block of 27 no. residential flats, paying a ground rent each of £125 pa.
- The block of flats is let by a professional property manager, who charges their fees back to the owners of the respective flats.
- In addition to this, we are instructed to sell the Basement floor that is owner by our seller client and leased out.
- The basement is leased to a Theatre/Dance school at a rent of £6,400 pa exc.
- Therefore, the combined income potential from this investment is £9,775 pa.
All interest and enquires are welcome by appointment.
