Lot :Online
FY2 9RX
Two Blocks of Flats
Portfolio
Northumberland Avenue & Knowle Avenue
Blackpool
FY2 9RX
Auction is Live
From : 04/12/2024 @ 13:00:00
To : 03/01/2025 @ 13:00:00
Starting Bid : £375000
Current Bid : £No Bids Made.
To : 03/01/2025 @ 13:00:00
Starting Bid : £375000
Current Bid : £No Bids Made.
Condition : Good
Age : Traditional Property
Type : Block of flats
Parking : Off street parking
Age : Traditional Property
Type : Block of flats
Parking : Off street parking
Details
For Sale by Online Auction with a Starting Bid of £375,000. PORTFOLIO OF APARTMENTS WITH INCOME OF C.£58,000 P.A. T&Cs Apply. See WebbMove for all the Auction Details.
11 Northumberland Avenue - 4 Apartments - Details Below:
A rare opportunity to purchase a substantial (almost 2,500 sq. ft.) BLOCK OF 4 APARTMENTS WITH 2 PARKING located in a sought after position of Bispham, right by the picturesque Queen's Promenade. The block occupies a large plot and could be redesigned and extended to add additional apartments, increasing the potential rental income significantly (STPP). The block would fetch circa £24,000 P.A once fully let. - almost a 13% yield gross!! (based on the starting price).
THERE IS ALSO THE OPPORTUNITY TO PURCHASE A SECOND BLOCK OF APARTMENTS LOCATED ON KNOWLE AVENUE, BOTH BLOCKS WOULD COME AS A PORTFOLIO AT A DISCOUNTED RATE. PLEASE ASK STEVEN IN THE SALES TEAM FOR FURTHER INFORMATION.
At a glimpse, the building offers:-
Ground Floor Flat - large 2 bedroom apartment with outside space. Currently let for £606.67 p/m
Flat 1 - a 1 bedroom apartment. Estimated Value circa £433.33PCM (currently vacant but expected to let soon)
Flat 2 - a 1 bedroom apartment. Currently let for £420PCM
Flat 3 - a 2 bedroom apartment. Currently let for £541.67PCM
28 Knowle Avenue - Details Below:
A rare opportunity to purchase a substantial (almost 3,000 sq. ft.) BLOCK OF 6 APARTMENTS WITH 2 GARAGES located in a sought after position of Bispham, right by the picturesque Queen's Promenade. 5 of the apartments and the 2 garages are currently let, with the final apartment expected to be let shortly for circa £400PCM. Once fully let, the block will fetch circa £33,400 per annum - almost a 14% yield gross!! (based on the starting price).
At a glimpse, the building offers:-
Ground Floor Flat - a huge 3 bedroom apartment with large lounge/dining room/conservatory and a family bathroom. Currently let for £606.67 p/m
Flat 1 - a 1 bedroom apartment. Currently let for £390PCM
Flat 2 - a 1 bedroom apartment. Currently let for £390PCM
Flat 3 - a 1 bedroom apartment. Currently let for £411.67PCM
Flat 4 - a 1 bedroom apartment. Currently let for £411.67PCM
Flat 5 - a studio apartment which has recently been decorated. Currently vacant but expected to fetch circa £400PCM
2 Garages to the Rear - £173.33PCM
For further information on the layout/individual flats, please see the floor plans, the virtual tour, or inquire now by calling Tiger Estates and asking for Steven Whittaker.
11 Northumberland Avenue - 4 Apartments - Details Below:
A rare opportunity to purchase a substantial (almost 2,500 sq. ft.) BLOCK OF 4 APARTMENTS WITH 2 PARKING located in a sought after position of Bispham, right by the picturesque Queen's Promenade. The block occupies a large plot and could be redesigned and extended to add additional apartments, increasing the potential rental income significantly (STPP). The block would fetch circa £24,000 P.A once fully let. - almost a 13% yield gross!! (based on the starting price).
THERE IS ALSO THE OPPORTUNITY TO PURCHASE A SECOND BLOCK OF APARTMENTS LOCATED ON KNOWLE AVENUE, BOTH BLOCKS WOULD COME AS A PORTFOLIO AT A DISCOUNTED RATE. PLEASE ASK STEVEN IN THE SALES TEAM FOR FURTHER INFORMATION.
At a glimpse, the building offers:-
Ground Floor Flat - large 2 bedroom apartment with outside space. Currently let for £606.67 p/m
Flat 1 - a 1 bedroom apartment. Estimated Value circa £433.33PCM (currently vacant but expected to let soon)
Flat 2 - a 1 bedroom apartment. Currently let for £420PCM
Flat 3 - a 2 bedroom apartment. Currently let for £541.67PCM
28 Knowle Avenue - Details Below:
A rare opportunity to purchase a substantial (almost 3,000 sq. ft.) BLOCK OF 6 APARTMENTS WITH 2 GARAGES located in a sought after position of Bispham, right by the picturesque Queen's Promenade. 5 of the apartments and the 2 garages are currently let, with the final apartment expected to be let shortly for circa £400PCM. Once fully let, the block will fetch circa £33,400 per annum - almost a 14% yield gross!! (based on the starting price).
At a glimpse, the building offers:-
Ground Floor Flat - a huge 3 bedroom apartment with large lounge/dining room/conservatory and a family bathroom. Currently let for £606.67 p/m
Flat 1 - a 1 bedroom apartment. Currently let for £390PCM
Flat 2 - a 1 bedroom apartment. Currently let for £390PCM
Flat 3 - a 1 bedroom apartment. Currently let for £411.67PCM
Flat 4 - a 1 bedroom apartment. Currently let for £411.67PCM
Flat 5 - a studio apartment which has recently been decorated. Currently vacant but expected to fetch circa £400PCM
2 Garages to the Rear - £173.33PCM
For further information on the layout/individual flats, please see the floor plans, the virtual tour, or inquire now by calling Tiger Estates and asking for Steven Whittaker.
Lot :Online
FY1 6LF