Coop Street, Blackpool, FY1 2 bed ground floor flat for sale

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Coop Street, Blackpool, FY1 2 bed ground floor flat for sale

Coop Street, Blackpool, FY1
£65,000

Our Summary

  • *Investment opportunity*
  • Please note, any viewings or offers that take place from this moment must be placed through the auction T&Cs as per the Sellers agreement
  • Investment opportunity

Description

This investment opportunity is a fully furnished block of three flats in Blackpool Town Centre, being sold via secure online bidding with a starting bid of £65,000. The ground floor flat is for sale, with the remaining two flats being sold with long-term tenants in situ, generating a current rental income of £850 per month. The buyer will become the freeholder of the building and gain the leasehold for the other two flats, which have 25-year leases and annual ground rents ranging from £60 to £70. The property features open-plan living areas, two bedrooms, and a shared garden, and comes with a 10-year new build structural warranty and flat roof guarantee.