Brighton Avenue, Blackpool, Lancashire, FY4 1HL

For sale via auction - fees, terms and conditions apply. On behalf of Pattinson Auctions Kenricks are pleased to offer this Investment Property for Sale.

This end terraced period property is situated in popular residential area of Brighton Avenue in South Shore Blackpool, being close to the Promenade and Pleasure Beach Resort.

The property comprises of 1 x tenanted 2 bedroom first floor duplex flat, 1 x tenanted self-contained ground floor 1 bedroom flat and 1 x self-contained 1 bedroom lower ground floor flat.

The first floor duplex flat is currently let at a rent of £695 per calendar month. The ground floor flat is currently let at a rent of £550 per calendar month.

The lower ground floor flat is currently vacant and has had recent renovation work but still needs some cosmetic completions.

The property offers fantastic ROI and needs to be viewed to be fully appreciated. Viewing Highly Recommended Please note we have not inspected this property.

Location   This end terraced period property is situated in popular residential area of Brighton Avenue in South Shore Blackpool, being close to the Promenade and Pleasure Beach Resort.

Accommodation - Ground Floor   This end terraced period property is situated in popular residential area of Brighton Avenue in South Shore Blackpool, being close to the Promenade and Pleasure Beach Resort.

Accommodation - Ground Floor Flat   Double Bedroom with bay window. Lounge.

Fitted Kitchen with wall and base units, oven, integrated dishwasher, fitted wine fridge and laminate flooring and doorway for access to Rear Yard.

Bathroom with 4-piece suite comprising shower cubicle, bath, toilet and sink with UPVC coated walls, vinyl flooring and wooden cladded ceiling Accommodation - Lower Ground Floor Flat   Accessed by the communal ground floor hallway: Period feature staircase leading to: Open Plan Lounge / Kitchen.

(Plumbing and electrics are in place as the flat has been recently rewired and replastered, but it still needs kitchen units fitting.

The lounge/kitchen also needs flooring fitted.) Bathroom comprising shower, toilet and sink.

The bathroom has been recently renovated with new fittings and fixtures and has stylish marble effect tiles to the floor and shower walls.

Double Bedroom with window which has a feature alcove letting light from an exterior glass ground floor panel above, allowing ventilation also. Storage Room.

Accommodation - First Floor Duplex Flat   Accessed by the stairs from communal ground floor hallway.

The staircase up to the flat is open so this flat is not currently self-contained, this just needs a separation putting in place to make it self-contained.

First Floor: Fitted Kitchen with wall and base units and tiled flooring. Lounge with bay window and period fireplace.

Double Bedroom Second Floor: Bathroom comprising 3-piece suite with bath with shower, toilet and sink, tiled walls and vinyl flooring. Double Bedroom with partially vaulted ceilings.

Exterior   Paved Yard to the rear of the property with small outhouse.

Agent Notes   The property has double glazing, gas central heating to ground floor and first floor and Electric only to lower ground, and an L2 Fire Alarm installed.

The lower Ground floor flat has been rewired, replastered and has had a new pump system installed that extracts wastewater to the main drain.

Business   The ground floor flat is currently let at a rent of £550 per calendar month. The first-floor duplex flat is currently let at a rent of £695 per calendar month.

The lower ground floor flat is currently vacant and needs a little attention. After cosmetic completion to a good standard, we believe this flat could draw in the region of £475 per calendar month.

Current income is £14,940 per annum with potential to rise to approximately £20,940 per annum offering fantastic ROI.

Tenure   Freehold, title number LA564028 EPC   Basement - Rating D Ground floor - Rating D First Floor Flat - Rating D Council Tax   All flats band A Additional Information   For further information please contact our office directly on , or alternatively via email on .

With regards to viewing subject property, this is to be done strictly by appointment. Auctioneers Additional Comments   Pattinson Auction are referred to as The Auctioneer.

This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer.

The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website.

The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer.

Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively.

The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures.

Bids can be submitted at any time and from anywhere.

Auctioneers Additional Comments   The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price.

The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change.

An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction.

A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding.

The Legal Pack will also outline the buyers obligations and sellers commitments.

It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments   In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price.

The deposit will form part of the purchase price.

A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale.

The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs.

Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received.

There is no requirement or obligation to use any recommended suppliers or services.