Northumberland Avenue, Blackpool, FY2

For Sale by Online Auction with a Starting Bid of £375,000. PORTFOLIO OF APARTMENTS WITH INCOME OF C.£58,000 P.A. T&Cs Apply. See WebbMove for all the Auction Details.

11 Northumberland Avenue - 4 Apartments - Details Below:

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

28 Knowle Avenue - Details Below:

A rare opportunity to purchase a substantial (almost 3,000 sq. ft.) BLOCK OF 6 APARTMENTS WITH 2 GARAGES located in a sought after position of Bispham, right by the picturesque Queen's Promenade. 5 of the apartments and the 2 garages are currently let, with the final apartment expected to be let shortly for circa £400PCM. Once fully let, the block will fetch circa £33,400 per annum - almost a 14% yield gross!! (based on the starting price).

At a glimpse, the building offers:-

Ground Floor Flat - a huge 3 bedroom apartment with large lounge/dining room/conservatory and a family bathroom. Currently let for £606.67 p/m

Flat 1 - a 1 bedroom apartment. Currently let for £390PCM

Flat 2 - a 1 bedroom apartment. Currently let for £390PCM

Flat 3 - a 1 bedroom apartment. Currently let for £411.67PCM

Flat 4 - a 1 bedroom apartment. Currently let for £411.67PCM

Flat 5 - a studio apartment which has recently been decorated. Currently vacant but expected to fetch circa £400PCM

2 Garages to the Rear - £173.33PCM

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.