Westmorland Avenue, Blackpool
£425,000
Fylde Coast Property Hub: 01253 398 498
Key features
Full description
*** INVESTMENT OPPORTUNITY ***
This large DOUBLE fronted terraced property is arranged as TEN separate flats, providing an annual income of around £51,740. That's a VERY APPEALING 12% gross yield.
The property is well presented with a central Blackpool location conveniently within 0.2 miles of local shops and amenities and 0.5 miles of the PROMENADE.
INVESTMENT OPPORTUNITY
This large DOUBLE fronted terraced property is arranged as TEN separate flats, providing an annual income of around £51,740. That's a VERY APPEALING 12% gross yield.
The property is well presented with a central Blackpool location conveniently within 0.2 miles of local shops and amenities and 0.5 miles of the PROMENADE.
Ground Floor
Vestibule
Meters cupboard
Communal Hall / Staircase
Flat 1
As at May 23 / Occupied since 4th Feb 2023 / Rent £100 per week / No arrears
Flat 2
As at May 2023 / Occupied since 16th Oct 2022 / Rent £85 per week / no arrears
Inner Hall
access to rear
First Floor
Flat 6
As at May 2023 / Occupied since 21st Jan 2023 / Rent £110 per week / No arrears
Flat 8
As at May 2023 / Occupied since 30th Oct 2021 / Rent £100 per week / No arrears
Flat 9
As at May 2023 / Occupied since 25th February 2023 / Rent £100 per week / No arrears
Second Floor
Flat 5
As at May 2023 / Occupied since 7th Jan 2023 / Rent £110 per week / No arrears
Flat 7
As at May 2023 / Occupied since 6th Aug 2022 / Rent £100 per week / No arrears
Flat 10
As at May 2023 / Occupied since 2nd Oct 2021 / Rent £100 per week / No arrears
Outside
Provides rear access to flats 3 & 4
Flat 3
As at May 2023 / Occupied since 18th March 2023 / Rent £105 per week / no arrears
Flat 4
As at May 2023 / Occupied since 7th Oct 2017 / Rent £85 per week / no arrears
EPC
There are 10 individual energy performance certificates valid until 2025, which can be viewed via the following link:
https://find-energy-certificate.service.gov.uk/find-a-certificate/search-by-postcode?postcode=FY1+5PG
Electrics
There are electrical test certificates for each apartment dated May 2023, available for inspection.
Gas
There is gas safety certificate dated April 2023 available for inspection.
Tenure
We are informed the property is Freehold. Interested parties should seek clarification from their solicitor.