*INVESTMENT OPPORTUNITY * *TENANTS IN SITU* 5 bedroom mid terraced property comprising of 5 self contained 1 bedroom flats situated on Cheltenham Road, Blackpool, the property is within close proximity of Blackpool Town Centre, many amenities, shops and transport links.
Flat 1- Located on the ground floor briefly comprising lounge, kitchen, bedroom, shower room.
Flat 2- Located on the ground floor comprising lounge, kitchen, bedroom, shower room, access to rear yard.
Flat 3- Located on the first floor comprising lounge, kitchen, WC, bedroom.
Flat 4- Located on the first floor comprising lounge, kitchen, bedroom, shower room.
Flat 5- Located on the first floor comprising lounge, kitchen, bedroom, shower room.
Externally there is off road parking for 2 vehicles and a private rear yard.
3/5 FLATS HAVE TENANTS IN SITU- CURRENT RENTAL INCOME OF £13000 PA ( FLAT 2 AND 4 IS CURRENTLY VACANT)
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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