* Investment Property Comprising 12 Tenanted
Self-Contained Permanent Flats
- South Shore Blackpool
- Substantial Corner Property
- Desirable Location
- Close to Shops & Amenities
- Car Parking for 7 Motor Vehicles
- Currently Draws £63,180 per annum
- Viewing Recommended
DESCRIPTION: **FOR SALE BY AUCTION** On Behalf of Pattinson Auctions, Kenricks are delighted to offer this substantial corner Investment property for sale.
The property comprises 12 tenanted permanent self-contained flats situated in the desirable location of Whitegate Drive, being close to shops and amenities.
All currently let on Assured Shorthold Tenancy Agreements to long standing tenants.
The property is in very good order throughout and needs to be viewed to be fully appreciated.
Ground Floor
Flat 1
Lounge / Bedroom
Kitchen
Bathroom
Flat 2
Lounge
Bedroom
Kitchen
Bathroom
Flat 3 Has its own entrance
Lounge / Bedroom
Kitchen
Bathroom
Flat 11 Has its own entrance
Lounge
Bedroom
Kitchen
Bathroom
Flat 12
Lounge / Bedroom
Kitchen
Bathroom
First Floor
Flat 4
Lounge
Bedroom
Kitchen
Bathroom
Flat 5
Lounge
Bedroom
Kitchen
Bathroom
Flat 9
Lounge
Bedroom
Kitchen
Bathroom
Flat 10
Lounge
Bedroom
Kitchen
Bathroom
Second Floor
Flat 6
Lounge
Kitchen
Bedroom
Bathroom
Flat 7
Lounge
Kitchen
2 Bedrooms
2 Bathrooms
Flat 8
Lounge
Kitchen
2 Bedrooms
Bathroom
EXTERIOR: Garden area to the front. Yard to the rear
AGENTS NOTES:
Landlord fed electricity supply (Metro meters installed in all flats)
Central Heating installed in the ground floor flat, electric panel heaters in the other flats and the property has double glazing.
Sale subject to the fees, terms and conditions of Pattinson Auctions.
We are informed that
Flat 1 Draws £400 p c m
Flat 2 Draws £425 p c m
Flat 3 Draws £400 p c m
Flat 4 Draws £475 p c m
Flat 5 Draws £400 p c m
Flat 6 Draws £425 p c m
Flat 7 Draws £500 p c m
Flat 8 Draws £475 p c m
Flat 9 Draws £495 p c m
Flat 10 Draws £395 p c m
Flat 11 Draws £425 p c m
Flat 12 Draws £450 p c m
Total annual income of £63,180.
We are informed with a local market value rental uplift the annual income could be in the region of £72,360.
TENURE: Freehold
PRICE IS A STARTING BID
VIEWING: By appointment.
