£185,000
Northumberland Avenue, Blackpool, FY2
- 6 beds
£185,000
- 6 beds
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A rare opportunity to purchase a substantial (almost 2,500 sq. ft.) BLOCK OF 4 APARTMENTS WITH 2 PARKING located in a sought after position of Bispham, right by the picturesque Queen's Promenade. The block occupies a large plot and could be redesigned and extended to add additional apartments, increasing the potential rental income significantly (STPP). The block would fetch circa £24,000 P.A once fully let. - almost a 13% yield gross!! (based on the starting price).
THERE IS ALSO THE OPPORTUNITY TO PURCHASE A SECOND BLOCK OF APARTMENTS LOCATED ON KNOWLE AVENUE, BOTH BLOCKS WOULD COME AS A PORTFOLIO AT A DISCOUNTED RATE. PLEASE ASK STEVEN IN THE SALES TEAM FOR FURTHER INFORMATION.
At a glimpse, the building offers:-
Ground Floor Flat - large 2 bedroom apartment with outside space. Currently let for £606.67 p/m
Flat 1 - a 1 bedroom apartment. Estimated Value circa £433.33PCM (currently vacant but expected to let soon)
Flat 2 - a 1 bedroom apartment. Currently let for £420PCM
Flat 3 - a 2 bedroom apartment. Currently let for £541.67PCM
For further information on the layout/individual flats, please see the floor plans, the virtual tour, or inquire now by calling Tiger Estates and asking for Steven Whittaker.
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