An opportunity to purchase this large end terrace building which consists of five spacious flats. The building is offered as a buy to let investment with good ongoing tenancies providing a good annual income and turnover. The building has recently received a refit with all flats benefitting from modern kitchens and bathrooms.
The property provides a super opportunity to purchase a building which comprises four x 2 bedroom flats and a top floor one bedroom. The property would be ideal for both professional landlord buyers and potential for serviced accommodation.
The building is offered for sale with successful ongoing incomes which are managed by a local lettings agency. Details of the income can be obtained through the agents.
Externally there is an enclosed rear yard and the basement flat has access to a frontage (Note some rooms have not been inspected by the agents).
This property enjoys good access to the nearby shops and amenities on Heysham Road. There are road links and regular bus services providing access to the town centre and nearby Lancaster city.
The location takes full advantage of the recently opened Bay Gateway link road which provides enhanced access to the Lake District, Kendal, Yorkshire Dales, Preston and
central Lancashire.
The Morecambe area is currently under review for the Eden Project North which we believe will significantly enhance the popularity of the area and boost the local economy.
Please note all viewings are by prior appointment as we need to respect the tenant who occupy the building access for 48 hour notice will be required. As the agent we work closely with the letting agents to provide full access however we cannot accept any liability should the occupants choose to cancel access.
Council Tax Information: Band A
Agent Note In order to purchase a property in the UK, all estate agents are legally required to conduct identity checks on everyone involved in the transaction, in line with anti-money laundering regulations. Farrell Heyworth outsource this process to a trusted third party, and a non-refundable charge will apply. Please contact your local branch for further details.
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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