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£240,000

Osborne Road, Blackpool, FY4

  • 9 beds
Flat

£240,000

  • 9 beds
Flat
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Estimate monthly mortgage payment:

£1,096 per month

Minimum deposit amount:

£12,000
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A substantial BLOCK OF 6 APARTMENTS that has been generally well maintained by the present owner. Generating just over £28,000, this opportunity offers a generous yield of circa 11%*. The apartments are a mix of 1 bedroom/2 bedrooms/maisonettes. The 360 virtual tour is available to view, and the floorplans will follow.

The property is situated in a popular residential area, a short stroll away from Blackpool Promenade and its popular tourist attractions including the Sandcastle Waterpark and Blackpool Pleasure Beach. Blackpool is also the focus of a significant multi-million-pound regeneration project which is already underway and once completed, should see property prices in the area increase.

*based on the starting price
 

FLAT 1 (MAISONETTE)  

LOUNGE  

KITCHEN  

FIRST FLOOR  

BEDROOM ONE  

BEDROOM TWO  

SHOWER ROOM  

FLAT 2 (MAISONETTE)  

LOUNGE  

KITCHEN  

BATHROOM  

BEDROOM (LOWER GROUND FLOOR)  

FLAT 3 (MAISONETTE)  

LOUNGE  

KITCHEN  

BATHROOM  

FIRST FLOOR  

BEDROOM  

FLAT 4  

LOUNGE  

BEDROOM  

BATHROOM  

KITCHEN  

FLAT 5  

LOUNGE  

KITCHEN  

BEDROOM  

BATHROOM  

MEZZANINE BEDROOM  

FLAT 6  

LOUNGE  

BEDROOM ONE  

BEDROOM TWO  

KITCHEN  

BATHROOM  

OUTSIDE Driveway to the front.
Good sized yard to the rear allowing access for flats 2 and 3. 

AUCTION INFORMATION This property is for sale by online auction under WebbMove Auctions ('The Auctioneer'). Lots sold by the Auctioneer will typically be sold under unconditional auction terms.

The auction end date for this property is scheduled for 20th December 2024. Please note some circumstances can cause this date to change, and it may close before the scheduled end date.

Upon acceptance of their bid, the winning bidder will be required to pay both a deposit and a buyer's premium within 24 hours. Typically, this will be 10% of the sale price and 4% plus VAT of the sale price (subject to a minimum of £4,000 plus VAT) respectively. The deposit will form part of the sale price on completion of the sale, the buyer's premium will be retained by The Auctioneer as a fee for their services.

Most properties can be viewed prior to the auction date either in person or through our virtual 360 tours and can be arranged via Tiger Sales and Lettings.

Prospective buyers will be required to register with The Auctioneer, upon doing this they will be able to download legal information and place bids. Visit the Auctioneer's website to register, in-line with anti-money laundering regulations, a prospective buyer's identity will have to be verified before a bid(s) can be placed.

For specifics relating to the auction/sale, a buyer should download and review the Legal Pack via The Auctioneer's website, paying special attention to the Special Conditions, the auctioneers' terms and conditions, and the RICS Common Auction Conditions. We recommend seeking the advice of a competent legal advisor before placing a bid.

Looking to SELL by AUCTION rather than BUY? Get in touch for your free valuation! You never know, your property may be worth more than you think.

WebbMove Auctions is a trading name of Tiger Sales and Lettings Ltd.  
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Mortgage and legal costs:
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