* Investment Property Comprising 9 Beds
Student Accommodation: All En-Suite
* Central Blackpool
* Close to Blackpool & Fylde College/University
* Substantial 3-story semi-detached building
* In Good Order Throughout
* When Fully Let Draws £35,260 pa
* Over 16% Yield
* Potential to Increase Income
* Car Parking
* Viewing Recommended
DESCRIPTION: *FOR SALE BY AUCTION* On behalf of Pattinson Auctions, Kenricks are delighted to offer this excellent Investment property for sale.
This 9 Bedroom student accommodation is situated within 200 yards of the Blackpool and Fylde College/University Campus.
The property which is a 3-storey semi-detached period building has been maintained to a high standard and needs to be viewed to be fully appreciated.
Ground Floor
Main Entrance leading to:
Lounge with feature fireplace, high period feature ceilings and bay window.
Dining Room with Archway leading to:
Kitchen Area 1 with wall and base units.
Fitted Kitchen with wall and base units.
Storage Cupboard.
Student Bedroom with En-Suite.
Lower Ground Floor
Cellar Area.
First Floor
4 Student Bedrooms – All En-Suite.
Second Floor
4 Student Bedrooms – All En-Suite.
EXTERIOR; Concrete area to the front. Car park to the rear providing parking for 2 motor vehicles.
AGENTS NOTES: The property is centrally heated and has double glazing. Sale subject to the fees, terms and conditions.
BUSINESS: We are informed the rooms are rented on a 43–45-week contract between £85 and £95 per week generating an annual income of £35,260. There is potential to increase income with Summer Lets outside the 43–45-week period.
PRICE IS A STARTING BID
