Nine bedroom flat for sale

Reads Avenue, BlackpoolPrice: £250,000


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Marketed by:



Metcalfs Estate Agents
73 Topping Street
Blackpool
FY1 3AF


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Features

  • NINE SELF CONTAINED FLATS
  • INDIVIDUALLY METERED
  • CURRENTLY GENERATING £33,280
  • 13% YIELD
  • MODERN THROUGHOUT
  • ELECTRIC WALL HEATERS
  • DOUBLE GLAZING
  • READY MADE INVESTMENT
  • LOW MAINTENANCE YARD TO THE REAR
  • PARKING TO THE FRONT

Description

Excellent buy to let investment in the shape of this substantial detached property arranged as 9 self contained flats. The property comprises 6 studios, 2 x 1 beds and a studio-style cottage to the rear. Located close to the Town Centre and local amenities the flats have been fully refurbished and in good order throughout with modern fitted kitchens and shower rooms, newly carpeted and new flooring, double glazing, all flats have their own meters and electric wall heating. There is a fenced yard to the rear and parking to the front. Potential to produce an income of £33,280 per annum producing a 13% yield.

GROUND FLOOR
FLAT 1 - Bedroom/lounge, shower room. EMPTY
FLAT 2 - Bedroom/lounge, shower room. £60.39 PW.
FLAT 3 - Bedroom/lounge, shower room. £60.39 PW.
FLAT 4 - Bedroom/lounge, shower room. £59.75 PW.

FIRST FLOOR
FLAT 5 - Bedroom/lounge, shower room. EMPTY
FLAT 6 - Bedroom/lounge, shower room. EMPTY
FLAT 7 - Bedroom/lounge, shower room. £85 PW
FLAT 8 - Bedroom/lounge, shower room. £60.39 PW.

EXTERIOR
Yard to the rear, fully fenced and concreted.

FLAT 9
Cottage studio to the rear.
Lounge, bedroom, kitchen, shower room. EMPTY.

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