1 /7
£150,000
Lancaster Court, Reads Avenue, Blackpool, FY1
- 0 beds
£150,000
- 0 beds
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Estimate monthly mortgage payment:
£685 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£7,500
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DESCRIPTION: **For Sale by Online Auction** On behalf of Pattinson Auctions Kenricks are pleased to offer this Investment Property comprising of 6 Self-Contained Flats for sale.
This Substantial 3 Storey end terraced property is situated in Central Blackpool being close to the Town Centre, Entertainment and amenities.
We are informed that the flats are operated as Mixed Use, 3 Permanent Flats and 3 Holiday Flats drawing an annual income of ?34,728, but planning permission is in place for Holiday Flats / Service Accommodation.
Viewing Recommended.
Ground Floor
Communal Entrance leading to:
Hallway.
Flat 1
Lounge / Kitchen
Bedroom
Shower and Toilet.
Flat 1A
Lounge / Kitchen
Bedroom
Bathroom
Lower Ground Floor
Cellar Area
First Floor
Flat 2
Lounge / Kitchen.
Bedroom
Shower and Toilet
Flat 3
Lounge / Kitchen / Bedroom
Shower & Toilet.
Shared Shower & Toilet
Second Floor
Flat 4
Lounge / Kitchen / Bedroom.
Shower and Toilet.
Flat 5
Lounge
Kitchen
Bedroom 1
Bedroom 2
EXTERIOR; Car Park to the front of the property providing Parking for 4 motor vehicles. Small Yard to the rear of the property.
AGENTS NOTES: Each flat has a separate electric card metre.
Sale subject to the fees, terms and conditions of Pattinson Auctions.
BUSINESS: We are informed that when Let Flat 1 draws ?125 per week, Flat 1A draws ?130 per week. Flat 2 draws ?125 per week, Flat 3 draws ?392 pcm and Flat 4 draws ?90 per week, Flat 5 draws ?100 per week. When fully let draws ?34,728 per annum.
TENURE: Freehold
PRICE IS A STARTING BID
VIEWING: By appointment through Kenricks 01253 420420.
Property Reference INV247M
This Substantial 3 Storey end terraced property is situated in Central Blackpool being close to the Town Centre, Entertainment and amenities.
We are informed that the flats are operated as Mixed Use, 3 Permanent Flats and 3 Holiday Flats drawing an annual income of ?34,728, but planning permission is in place for Holiday Flats / Service Accommodation.
Viewing Recommended.
Ground Floor
Communal Entrance leading to:
Hallway.
Flat 1
Lounge / Kitchen
Bedroom
Shower and Toilet.
Flat 1A
Lounge / Kitchen
Bedroom
Bathroom
Lower Ground Floor
Cellar Area
First Floor
Flat 2
Lounge / Kitchen.
Bedroom
Shower and Toilet
Flat 3
Lounge / Kitchen / Bedroom
Shower & Toilet.
Shared Shower & Toilet
Second Floor
Flat 4
Lounge / Kitchen / Bedroom.
Shower and Toilet.
Flat 5
Lounge
Kitchen
Bedroom 1
Bedroom 2
EXTERIOR; Car Park to the front of the property providing Parking for 4 motor vehicles. Small Yard to the rear of the property.
AGENTS NOTES: Each flat has a separate electric card metre.
Sale subject to the fees, terms and conditions of Pattinson Auctions.
BUSINESS: We are informed that when Let Flat 1 draws ?125 per week, Flat 1A draws ?130 per week. Flat 2 draws ?125 per week, Flat 3 draws ?392 pcm and Flat 4 draws ?90 per week, Flat 5 draws ?100 per week. When fully let draws ?34,728 per annum.
TENURE: Freehold
PRICE IS A STARTING BID
VIEWING: By appointment through Kenricks 01253 420420.
Property Reference INV247M
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£685 per month
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Stamp Duty Land Tax (SDLT) is a tax you might have to pay if you purchase a property or land. SDLT applies to properties above a certain price threshold. The amount you'll have to pay depends on the property's value and if you already own a property, or have done so in the past. If you are a first-time buyer, or you are purchasing multiple dwellings, you may be eligible for a discount (tax relief).
£0
Mortgage and legal costs:
£999
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