Block of apartments for sale

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Block of apartments for sale

361 Lytham Road, Blackpool, Lancashire FY4 1EA
£100,000

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 one-bedroom flats, all currently tenanted and generating an annual income of £14,160. There is potential to increase the rental income to approximately £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 has a council tax band of A. The seller is offering finance options, and potential buyers are advised to visit togethermoney.com/amydip for a decision-in-principle. As this is an auction, buyers are legally obligated to purchase the property if they are the successful bidder, and must pay the deposit and auction fees immediately.