This property is no longer on the market
1 bedroom flat
Key information
Property description & features
- Status: Available
- Type: Flat
- Ownership: Leasehold
- Occupation: Vacant
- AUCTION DATE: 10 August 2023
Reduced Buyers Fee: 3% of Sale Price (Min £3250 +vat)
The flats are leasehold and will be sold with a new 999 year lease and a peppercorn rent. On the sale of the last flat the freehold will transfer to the leaseholders who will each have a 1/8 share. 100% PRIME INVESTMENT OPPORTUNITY. First floor studio property located in the heart of the extremely popular costal resort town of Blackpool. Property previously used as HOLIDAY LET APARTMENT. SUPER LOCATION within minutes' of the town centre and massive array of attractions including the Famous Blackpool Tower, Winter Gardens and Pleasure Beach. Extremely well placed for Blackpool F.C. The area boasts massive demand for long and short-term rental thanks to super location with Blackpool traditionally enjoying massive visitor numbers in summer and then for the Illuminations in winter. POTENTIALLY EXTREMELY HIGH YIELDING INVESTMENT. Similar sized apartments within Blackpool typically command a rental income of up to £300 per week in peak season for short-term rental. Most recently used as a holiday let apartment but may offer opportunity for long-term residential- subject to necessary consents.
Auction Details
10 August 2023, 10am-3pm
Timed Online Auction
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