King George Avenue, Blackpool, Lancashire, FY2
![National Residential, Nationwide](https://media.rightmove.co.uk/55k/54009/branch_logo_54009_0001.jpeg)
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
6
- BATHROOMS
5
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Victorian End-Terrace Property
- Consisting Of 5 Self-Contained Flats
- Freehold Property
- Two Garages And Parking Space At Rear
- Close To Blackpool Promenade
- Close To Local Amenities And Transport Links
- Gross Yearly Rental Income: £25,812
- Excellent Investment Opportunity
Description
National Residential are delighted to present this exceptional freehold Victorian end-terrace property, a prime investment opportunity situated on King George Avenue, close to the prestigious Queens Promenade in North Shore, Blackpool. This impressive block of flats is ideally positioned near local amenities and offers significant potential for investors.
Property Details:
* 5 Self-Contained Flats:
o 4x 1-bedroom flats arranged over 3 floors
o 1x 2-bedroom flat
o Flat 4 on the third floor
o Flats 2 and 3 on the first floor
o Flats 1 and 5 on the ground floor, with Flat 5 accessed through a rear gate and Flat 4 situated in the eaves
o All flats are tenanted
* Additional Features:
o 3x garages and a parking space at the rear of the property
Financial Highlights:
* Gross Yearly Rental Income: £25,812
* Gross Monthly Rent: £2,151
* Market Value Purchase Price: £240,000
* Gross Rental Yield: An impressive 10.76%
This property is a true gem for investors seeking a solid and lucrative investment opportunity.
Prime Location:
Situated conveniently on King George Avenue, the property is just a short walk from the famous Blackpool promenade. The surrounding area boasts a range of high-standard businesses, local shops, and amenities. The property offers easy access to Bispham, Cleveleys, and Fleetwood via the Promenade, as well as to Blackpool town centre, renowned for its tourist attractions and shopping facilities. Blackpool North train station is approximately 1.3 miles away, further enhancing the property's connectivity.
With its excellent location, high rental yields, and strong potential for future income growth, this end-terrace property is a must-see for savvy investors.
Don't miss out on this fantastic investment opportunity. Viewings are highly recommended to fully appreciate the potential of this property. For a closer look, please watch our online video tour. For further information and to arrange a viewing, please contact our dedicated specialist sales advisor. Secure your viewing today and take the first step towards a smart investment in Blackpool!
This property is ONLY available for purchasers who are NOT in a chain.
1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage so an online Anti-Money Laundering Check can be completed. We would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3: Any measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: National Residential has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyer's interests to check the working condition of any appliances.
*By making an enquiry on this property you acknowledge that this property is strictly offers in excess of the marketing price provided. The market appraisal of this property has indicated a value in excess of our marketing price. As a consequence, and similar to any other vendor, the vendor is aiming to achieve as much as possible in excess of this marketing price provided.
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. Although the vendor may be willing to remove from the auction early for a suitable offer. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately but grant 56 days to exchange and complete. This additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a deposit of 2% (minimum of £5,000) or a Buyers fee (amount or % will be stated in main advert., which secures the transaction and takes the property off the market. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction and can be viewed in full on our website.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
King George Avenue, Blackpool, Lancashire, FY2
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Blackpool North Station0.9 miles
- Layton Station0.9 miles
- Blackpool South Station2.5 miles
About the agent
Why wait months for a sale that can be achieved in just 28 days?
Here at National Residential we specialise in being able to get you a sale at the right price in just 28 days.
Our unique sales process and proactive approach combines extensive online marketing with working with only the very best local sales agents. We ensure you get the right price – fast!
Also, unlike your local agent or other online agents we will not tie you in to long contracts and charge you to cancel
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 75808. 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 National Residential, Nationwide. 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 National Residential, Nationwide on 01244 565390.
*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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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