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£185,000

Northumberland Avenue, Blackpool, FY2

  • 6 beds
Flat

£185,000

  • 6 beds
Flat
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Estimate monthly mortgage payment:

£845 per month

Minimum deposit amount:

£9,250
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For Sale by Online Auction with A Starting Bid of £185,000. Terms & Conditions Apply. See WebbMove for all the Auction Details.

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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