Flat for sale in Coronation Street, Blackpool, Lancashire FY1

Calling all investors - A fantastic investment opportunity with an incredible yield return of nearly 15%.

A mid terrace property with accommodation set over four floors, currently set as 5 one bedrooms flats and one two bedroom flat, along with a retail unit to the ground floor.

All the flats are well presented and all are currently tenanted with the potential of an annual return of £30,000 plus with an annual yield of nearly 15%.

On entry to the ground floor there is a one bedroom flat and the retail unit with a further one bedroom flat to the basement level while there is also a storage room under the retail unit.

The first floor of the building houses two 1 bedrooms flats while on the second floor there is a further 1 bedroom flat and a two bedroom flat.

The property benefits from uPVC Double glazing, electric heating, and there is a small courtyard accessible from the basement level flat.

Viewing of this fantastic property and incredible investment opportunity is highly recommend to fully appreciate.

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.