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Block of apartments for sale
361 Lytham Road, Blackpool, Lancashire FY4 1EA
£110,000
361 Lytham Road, Blackpool, Lancashire FY4 1EA
£110,000
Our Summary
- Online Auction 17th - 18th June 2025
- There is also potential to increase the rental income to approx
- Ground floor apartment benefits from outside space which has the potential to be converted into off road parking if you wish, subject to relevant planning permission
- IMPORTANT INFORMATION Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid
- If you are the successful bidder, you are required to pay the deposit and auction fees immediately
- You must not bid unless you wish to be bound by the common conditions of auction
- Potential to Increase Income to approx
Description
This property is a freehold building containing three individual one-bedroom flats, all of which are currently tenanted, generating an annual income of £14,160. There is potential to increase the rental income to around £20,000 per annum. The ground floor apartment has outside space that could be converted into off-road parking, subject to planning permission. The property is located in Blackpool and is in Council Tax Band A. The seller is looking for a buyer and finance is available for the purchase. However, it's important to note that buying at auction is a contractual commitment, and successful bidders are required to pay the deposit and auction fees immediately.