2 bedroom property for sale
Key information
Features and description
- Two adjoining mid terrace freehold buildings with separate entrance
- X10 self-contained two bedroom flats - Eight let on ASTs and two vacant plus shop
- Suit investors
- Asset management opportunities ERV when fully let will be approximately £60,000 per annum
- Double glazing
- Small rear yard
- Currently producing £45,240 per annum (part vacant)
Two adjoining, three storey properties of traditional construction. The properties comprise two retail units on the ground floor with x10 self-contained two-bedroom flats above. The shop at No.23A has been sold off on a long lease - refer to the legal pack. No.25A is included in the freehold and is now vacant. Eight of the ten flats are currently occupied on various AST's and are currently producing £45,240 pa. The property is reversionary so offers an exciting opportunity to an investor to asset manage.
Location:
Located on the west side of Blackpool, Chapel Street links the town centre with Blackpool Promenade, the property being directly situated between Singleton Street and Coop Street . Preston is approximately 15 miles east connected by the M55. Blackpool North station is less than 2 miles away. Shopping amenities are a very short walk to the Town Centre. Recreation facilities can be found at Stanley Park.
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