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Hornby Road, Blackpool, Lancashire, FY1

Guide Price
£425,000

Business rates & charges may apply

Kenricks Commercial Estate Agents, Blackpool
SIZE

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SECTOR

Residential development for sale

Key features

  • Investment Property
  • Comprising 6 Self-Contained Permanent Flats
  • Central Blackpool
  • Close to Town Centre, Shops and Amenities
  • Substantial Period 2 Storey Corner Property
  • In Lovely Order Throughout
  • Draws £27,820 pa
  • Potential to Increase Income
  • Viewing Highly Recommended

Description

**FOR SALE BY AUCTION** On behalf of Pattinson Auctions, Kenricks are pleased to offer this Investment Property for Sale.

This Substantial Period 2 Storey Corner Property comprises of 6 Self-Contained Permanent Flats. 1 x 2 Bed Flat, and 5 x 1 Bed Flat.

The property is situated at the junction of Hornby Road and Park Road Blackpool, being close to town centre, shops and amenities.

The flats are in very good order throughout, which is reflected in the long-standing tenants, and generates an annual income of £27,820 per annum, with potential for rental uplift as rents haven't been increased for some time.

Viewing Highly Recommended.


Ground Floor
Flat 1 - Separate Entrance
Lounge
Kitchen.
Storeroom.
Bathroom with three-piece suite.
Bedroom 1.
Bedroom 2.
External - Enclosed Garden/Patio area to the rear.

Main Building

Lower Ground Floor
Basement for storage.
Communal Hallway.

Ground Floor Continued
Flat 1a
Lounge.
Kitchen/Dining area.
Bathroom with 4-piece Suite.
Bedroom.

First Floor
Flat 2
Lounge.
Kitchen.
Bathroom with 3-piece suite.
Bedroom.

Flat 3
Lounge/Bedroom.
Kitchen.
Shower and Toilet.
Bedroom.

Flat 4
Lounge.
Kitchen.
Shower and Toilet.
Bedroom.


Flat 5
Lounge/Kitchen.
Shower and Toilet.
Bedroom.


EXTERIOR; Car park to the front, providing car parking for 6 motor vehicles. Paved area to the side of the property.


AGENTS NOTES: All flats have separate utilities and intercom systems. The property is central heated with separate Combi Boilers and is double glazed.
L2 Fire system.
New windows and front door were installed in August 2023.
Sales subject to the fees, terms and conditions of Pattinson Auctions.

BUSINESS: We are informed Flat 1 draws £75 pw, Flat 1a draws £120 pw, Flat 2 draws £90 pw, Flat 3 draws £80 pw, Flat 4 draws £90 pw and Flat 5 draws £85pw.Total annual rent - £27,820.

TENURE: Freehold

PRICE IS STARTING BID

VIEWING: By appointment through Kenricks .

Hornby Road, Blackpool, Lancashire, FY1

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Blackpool North Station0.5 miles
  • Blackpool South Station1.1 miles
  • Layton Station1.6 miles

Notes

These notes are private, only you can see them.

Disclaimer - Property reference INV171M. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Kenricks Commercial Estate Agents, Blackpool. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Kenricks Commercial Estate Agents, Blackpool on 01253 835721.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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