Whitegate Drive, Blackpool, Lancashire, FY3 9AA

For Sale Via Online Auction. Fees Apply. We are delighted to offer this substantial corner Investment property for sale.

The property comprises 12 tenanted permanent self-contained flats situated in the desirable location of Whitegate Drive, being close to shops and amenities.

All currently let on Assured Shorthold Tenancy Agreements to long standing tenants. The property is in very good order throughout and needs to be viewed to be fully appreciated.

Ground Floor Flat 1 Lounge / Bedroom Kitchen Bathroom Flat 2 Lounge Bedroom Kitchen Bathroom Flat 3 Has its own entrance Lounge / Bedroom Kitchen Bathroom Flat 11 Has its own entrance Lounge Bedroom Kitchen Bathroom Flat 12 Lounge / Bedroom Kitchen Bathroom First Floor Flat 4 Lounge Bedroom Kitchen Bathroom Flat 5 Lounge Bedroom Kitchen Bathroom Flat 9 Lounge Bedroom Kitchen Bathroom Flat 10 Lounge Bedroom Kitchen Bathroom Second Floor Flat 6 Lounge Kitchen Bedroom Bathroom Flat 7 Lounge Kitchen 2 Bedrooms 2 Bathrooms Flat 8 Lounge Kitchen 2 Bedrooms Bathroom EXTERIOR: Garden area to the front.

Yard to the rear AGENTS NOTES: Tenants pay their own electric, council tax, and water bills. Tenants to pay electric bills directly to supplier (Metro meters installed in all flats).

Electric panel heaters in the other flats and the property has double glazing.

We are informed that Flat 1 Draws £400 p c m Flat 2 Draws £425 p c m Flat 3 Draws £400 p c m Flat 4 Draws £475 p c m Flat 5 Draws £400 p c m Flat 6 Draws £425 p c m - Currently looking for a new tenant online now.

Flat 7 Draws £500 p c m Flat 8 Draws £475 p c m Flat 9 Draws £495 p c m - Currently looking for a new tenant online now.

Flat 10 Draws £395 p c m Flat 11 Draws £425 p c m Flat 12 Draws £450 p c m Total annual income of £63,180.

We are informed with a local market value rental uplift the annual income could be in the region of £72,360 Description   Tenanted Investment Property, Comprising 12 Self - Contained Permanent Flats.

Location   Situated in the desirable location of Whitegate Drive, being close to shops and amenities.

Tenure   Title number LA660527 - Freehold 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.