Postponed
- Block of Apartments
- 11 Bedrooms
- Tenure: See Legal Pack
Call the team on 01772 772450 for more information
Income Producing Residential Investment Opportunity
Auction Date: Wednesday 22nd May 2019 Auction Venue: AJ Bell Stadium 1 Stadium Way, Barton-upon-Irwell, Salford, M30 7EY Three storey detached apartment block of red brick construction consisting of 10x self-contained one bedroom flats, 1x two bedroom flat and 1x ground floor retail unit. The property requires full refurbishment, however still presents a fantastic investment opportunity for a potential buyer. The current income from 5x tenanted 1 bedroom apartments is £22,100 per annum (£85 per week). Once renovated, expected rents would be £115 per week for the two bed flat and £85 per week for one bed flats. Giving a total expected rental income of £50,180. This apartment block is located in a fantastic position in South Shore close to many shops, cafes, Blackpool South Train Station and many local attractions along the promenade.
Tenure
See Legal Pack
Energy Efficiency Rating (EPC)
Current Rating E, E, F, E, E, E, E, E, D, F
Local Authority
Blackpool Borough Council
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Buyer's Premium - £900 inc VAT payable on exchange of contracts.
Administration Charge - 0.9% inc VAT of the purchase price, subject to a minimum of £1080 inc VAT, payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
