Guide price
£75,000
3 bed flat for sale
Bolton Street, Blackpool FY1Auction
Freehold
3 beds
1 bath
2 receptions
EPC Rating: D
Key information
Tenure
Freehold
Council tax band
A
About this property
Two/Three Bedroom Flat With Retail Unit
Superb Investment Buy With 10% Annual Yield
Lounge, Fitted Kitchen, Two Bedrooms, Two Bathrooms
Empty Retail Unit On The G/Floor With Reception Room
Enclosed Rear Yard With Outside Wc Room
Gas Central Heating, uPVC Double Glazing
One Minute Walk To The Promenade
For Sale By Modern Auction – T & c’s Apply
Subject To Undisclosed Reserve Price, Buyers Fees Apply
This superb property would make an ideal investment purchase, offering a wealth of options and flexibility. The property is currently set as a two bedroom first floor flat with a good size empty retail unit to the ground floor.
The property offers a potential of an outstanding 10% annual yield, with the income from the flat and the retail unit that could be anything from a pop up micro bar with beer garden, beauty salon or cafe/coffee shop, with the flat to rented out or used as an Air B&B.
On entry to the property there is a private ground floor entrance to the flat with entrance hallway and stairs leading up to the accommodation on the first floor that comprises of lounge, fitted kitchen, two double bedroom, separate bathroom and en-suite shower room.
On the ground floor you will find the good size retail unit with a room at the back that could be another bedroom or an office.
The property benefits from gas central heating, uPVC Double glazing and externally there is an enclosed yard area with outside Wc perfect for entertaining or as a garden from a micro pub.
Viewing of this fantastic property is highly recommended to fully appreciate the size, flexibility and full potential on offer.
Auctioneer Comments
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation
Period. Interested parties’ personal data will be shared with the Auctioneer (Iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information
Pack is provided. The buyer will pay £300 inc VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase
price inc VAT, subject to a minimum of £6,600 inc VAT. This Fee is paid to reserve the property to the buyer during the
Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the
service is taken. Payment varies but will be no more than £450. These services are optional
Situated in a popular position within a one minutes’ walk to the promenade and seafront. The property is ideally placed for access to a broad range of local amenities, town centre, schools and transport links including tram, train and bus routes and access to the M55 motorway.<br /><br />
More information
Listed by
Entwistle Green - Blackpool Sales
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