*Investment opportunity*Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £65,000.Fully furnished Block of 3 flats with the Ground floor for sale in Blackpool Town Centre close to shops, amenities and transport links. The property briefly comprises of open plan kitchen, lounge and diner with two bedrooms, bathroom and shared garden to the rear of the property. The property is being sold with tenants in situ and the current rental income is £850 PCM. On the purchase of this flat the buyer will become the freeholder of the building and will gain the leasehold for flat 2 and 3, please see details below for further information:Flat 2 125 year lease - July 2022 Ground rent - £60PA Service charge - £375 PA
Flat 3 125 year lease - September 2022 Ground rent - £70PA Service charge - £375 PA
Building comes with 10 year new build structural warranty and flat roof guarantee. 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. EPC Rating: D
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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