Terraced house for sale in Lonsdale Road, Blackpool FY1

For Sale by Online Auction with a Starting Bid of £115,000. Large 5 Bed Property & 2 Bed Flat to be Sold Together. Potential to Convert to 6 Flats (STPP) with Projected Income of Circa £35,000. T&Cs Apply. See WebbMove for all the Auction Details.

For Sale by Online Auction with a Starting Bid of £115,000. Terms & Conditions Apply. See WebbMove for all the auction details.

WebbMove Auctions bring to the market a unique investment opportunity in the form of two self-contained properties, lending themselves perfectly to conversion to six self-contained flats (STPP) with an approximate floor area of 3,000 sq. Ft. Both properties are currently vacant possession and can be viewed either in person or via our 360 virtual tour.

11a Lonsdale Road is a substantial 3-storey property which is presently laid out as follows; large entrance hallway, lounge through to dining room, downstairs w.c., spacious kitchen diner and ample storage, to the first floor are three large bedrooms and two bathrooms, and to the top floor are two spacious bedrooms and a third bathroom suite. Externally is a good sized yard/off-street parking. A prospective buyer should seek expert advice relating to the conversion and the local authority regarding planning permission, but in our opinion the property could be converted into five spacious one bedroom flats using much of the existing layout, with a few alterations, mostly stud work. We are aware that a chimney breast has been removed on the first floor and a rsj is required to support the chimney stack, but we are informed that it is currently structurally safe.

11b Lonsdale Road is a spacious two bedroom self-contained apartment which is modern throughout and could bet let for approximately £650PCM. Further details including a floorplan and 360 virtual tour are expected to follow. The property briefly comprises; separate entrance, lounge, two bedrooms and a bathroom.

Both properties have already undergone significant improvement works including electrical upgrades and a new roof.

We would estimate the yearly rental potential to be in the region of £35,000 if converted to 6 flats of good condition, as described above.

Blackpool is currently undergoing a major regeneration project, with funding from government in the region of £350M. Significant improvement works have already taken place/continue to be carried out, some of which are just a stones throw away in central Blackpool. In addition, the property is a short stroll away from the promenade.

11A lonsdale road

entrance hallway

living room 16' 10" x 13' 2" (5.13m x 4.01m)

dining area 13' 7" x 11' 3" (4.14m x 3.43m)

W.C. 5' 2" x 4' 5" (1.57m x 1.35m)

storage 2' 4" x 3' 0" (0.71m x 0.91m)

understairs storage

kitchen diner 16' 9" x 11' 3" (5.11m x 3.43m)

utility room 4' 5" x 5' 4" (1.35m x 1.63m)

first floor

bedroom one 15' 5" x 12' 0" (4.7m x 3.66m)

en-suite bathroom 10' 7" x 8' 5" (3.23m x 2.57m)

bedroom two 14' 1" x 11' 3" (4.29m x 3.43m)

bedroom three 13' 2" x 9' 9" (4.01m x 2.97m)

bathroom 4' 2" x 7' 4" (1.27m x 2.24m)

second floor

bedroom four 14' 6" x 10' 1" (4.42m x 3.07m)

bedroom five 16' 6" x 9' 7" (5.03m x 2.92m)

storage room/potential bathroom 5' 8" x 6' 3" (1.73m x 1.91m)

additional storage cupboards

spacious yard/off street parking