31 Caunce Street, Town Centre, Blackpool, Lancashire, FY1 3ND
Residential Investment Investment - FlatsHMOs
For Sale: £137,500
WITHDRAWN
Key Features
House in Multiple Occupancy
3 Self Contained Flats
Convenient location
Current annual income Approx 13,000pa
Good investment opportunity
Good order throughout
How to find out more…
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Property description
Duxburys Commercial are pleased to confirm the availability to purchase this House of Multiple Occupancy in good order throughout, occupying a convenient town centre location. The property is situated within a predominantly residential position, yet provides ease of access to Blackpool's town centre and an abundance of local shops and amenities. The accommodation consists of a ground floor flat with separate lounge, kitchen, bathroom and bedroom. To the second floor is a two bedroom flat with lounge through to kitchen and separate bathroom. The top flat completes the accommodation and comprises of a combined lounge/kitchen, separate bathroom and double bedroom. We are informed that the combined weekly rental income is £290 which provides an annual income of £15,080 per annum. We believe that there is potential to further increase this rental income. We are informed by the owner that the property has been converted to meet building regulations, that the tenants are responsible for their own council tax payments. The flats are furnished with card meters and gas fired central heating for which each tenant is charged a £5 weekly rent for the gas in winter only - the system is turned off in Summer by agreement with the tenants. The boiler is found to an outhouse to the rear yard area which also offers parking for 1 vehicle. The property has UPVC double glazing and should be viewed internally to be appreciated.