Detached house for sale in 10 Boothroyden, Blackpool, Lancashire FY1

For sale by online auction on Tuesday, 09 Jul 2024 ending at 13:12

*online Unconditional Auction Opening 9July 2024*

To register for the legal pack and bidding, please visit our website:



Situation:

The property is situated in the popular Boothroyden, amongst other properties of a similar style, within close proximity of a wide range of conveniences, along with the sea front, including the Central Pier. Blackpool itself is a popular tourist destination in the North West and has many facilities along with good access to the surrounding towns.

Description:

A traditionally constructed well proportioned property arranged as a block of flats/bedsits benefitting from double glazing and central heating. This property offers scope and opportunity with a multitude of different options – currently arranged as 5 individual bedsits, and a 1 bedroom flat. Planning was passed in 1989 for use as a HMO but the property has potential for other uses including bed & breakfast (STP) owner occupier or investor.

In such a sought after position this property offers the opportunity for excellent yield. The flat is currently let at £470 per month, and the bedsits will let for circa £100 per week each, totalling £31,640 in potential yearly income.

Accommodation

Ground Floor:

Entrance Hallway

Bedsit 1

Bedsit 2

Self contained flat currently let at £470 pcm.

First Floor:

Bedsit 3

Bedsit 4

Bedsit 5

Communal Kitchen

Communal Bathroom

WC

Outside:

Parking for 1 vehicle to rear.

Please Note - the photos of the self contained flat were taken prior to the commencement of the tenancy.

Material Information Tenure:

The property is freehold All prospective bidders should satisfy themselves of the tenure by inspecting the legal pack.

Council Tax:

The property falls within Blackpool Borough Council – band A

Possession:

Subject to existing tenancy agreement.

Viewing:

Strictly by appointment with Auction House.

Services:

Prospective purchasers are advised to make their own enquiries of the relevant statutory authorities. Nb: Services, Apparatus and Equipment have not been tested by Auction House and therefore cannot be verifie

Additional Fees
Buyers Premium: Non-refundable £1,800 inc VAT payable on the fall of the virtual gavel.

Administration Charge - Non-refundable £1,800 inc VAT payable on the fall of the virtual gavel.

Disbursments - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.