Block of flats for sale in Braithwaite Street, Blackpool FY1

For Sale by Online Auction with a Starting Bid of £140,000. Block of 5 Well Proportioned Self-Contained Flats Sold with Vacant Possession. Terms & Conditions Apply. See WebbMove for all the Auction Details.

For Sale by Online Auction with a Starting Bid of £140,000. Terms & Conditions Apply. See WebbMove for all the Auction Details.

A large corner sited property arranged as 5 self-contained, well proportioned one bedroom flats which are sold with vacant possession. The building does require some remedial work which has been reflected in the price, but once completed, the projected total income would be circa £25,000 per annum. Outside offers a yard and potential further off street parking. Based on the initial starting price, this is an impressive 17% yield!

There is a high demand for rental properties in this area and it is located close to all local amenities including shops, schools and transport links making Blackpool Town Centre, which is the main focus for the multi-million pound regeneration project, easily accessible. In addition, the promenade is just a short walk away.

Call us now to arrange a viewing appointment or browse the 360 virtual tour online! The Legal Pack incudes several compliance certificates including EICRs for individual flats and a gas safety certificate.

Communal hallway

flat 1

living area 13' 1" x 14' 7" (3.99m x 4.44m)

bedroom 10' 10" x 6' 8" (3.3m x 2.03m)

bathroom 5' 11" x 5' 4" (1.8m x 1.63m)

flat 2

living area/bedroom 12' 2" x 18' 0" (3.71m x 5.49m)

kitchen 9' 11" x 5' 10" (3.02m x 1.78m)

bathroom 4' 2" x 5' 9" (1.27m x 1.75m)

flat 5

living area 12' 0" x 7' 2" (3.66m x 2.18m)

bathroom 5' 6" x 2' 8" (1.68m x 0.81m)

W.C. 3' 2" x 3' 8" (0.97m x 1.12m)

kitchen 7' 6" x 9' 9" (2.29m x 2.97m)

bedroom 10' 11" x 12' 6" (3.33m x 3.81m)

flat 3

inner hallway 13' 1" x 6' 8" (3.99m x 2.03m)

bedroom 13' 0" x 10' 10" (3.96m x 3.3m)

lounge 13' 6" x 14' 7" (4.11m x 4.44m)

kitchen 7' 1" x 9' 0" (2.16m x 2.74m)

bathroom 4' 6" x 7' 6" (1.37m x 2.29m)

flat 4

living area/bedroom 12' 2" x 9' 7" (3.71m x 2.92m)

kitchen 7' 6" x 10' 11" (2.29m x 3.33m)

bathroom 6' 9" x 6' 4" (2.06m x 1.93m)

yard

auction information This property is for sale by online auction under WebbMove Auctions ('The Auctioneer'). Lots sold by the Auctioneer will typically be sold under unconditional auction terms.

The auction end date for this property is scheduled for 27th September 2024. Please note some circumstances can cause this date to change, and it may close before the scheduled end date.

Upon acceptance of their bid, the winning bidder will be required to pay both a deposit and a buyer's premium within 24 hours. Typically, this will be 10% of the sale price and 4% plus VAT of the sale price (subject to a minimum of £4,000 plus VAT) respectively. The deposit will form part of the sale price on completion of the sale, the buyer's premium will be retained by The Auctioneer as a fee for their services.

Most properties can be viewed prior to the auction date either in person or through our virtual 360 tours and can be arranged via Tiger Sales and Lettings.

Prospective buyers will be required to register with The Auctioneer, upon doing this they will be able to download legal information and place bids. Visit the Auctioneer's website to register, in-line with anti-money laundering regulations, a prospective buyer's identity will have to be verified before a bid(s) can be placed.

For specifics relating to the auction/sale, a buyer should download and review the Legal Pack via The Auctioneer's website, paying special attention to the Special Conditions, the auctioneers' terms and conditions, and the RICS Common Auction Conditions. We recommend seeking the advice of a competent legal advisor before placing a bid.

Looking to sell by auction rather than buy? Get in touch for your free valuation! You never know, your property may be worth more than you think.

WebbMove Auctions is a trading name of Tiger Sales and Lettings Ltd.