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Posting for 2+ years
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7 bedroom house in Slinger Road, Cleveleys, Blackpool, FY5 1BN

Thornton-Cleveleys, Lancashire

£249,950.00

Posting for 2+ years

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Posted
6 hours ago
Seller Type
Agency
Property Type
House
Number Of Bedrooms
7

Description

Below Market Value

Semi Detached Property

Income Producing Block of 6 Self Contained Apartments
* 1 x Studio Apartment,
* 3 x 1 Bed Apartments, and
* 1 x 2 Bedroom Apartment

Slinger Road, Cleveleys, Blackpool, FY5 1BN

Purchase Price = £249,950

Finderâ--s Fee = £5,000 + Vat

Current Gross Income = £2,508 pcm = £30,096 per annum

CASHFLOW AFTER ALL THE ABOVE COSTS

Managed = £1,582 pcm = £18,984 per annum

Self Managed = £1,883 pcm = £22,596 per annum

For a limited time only, we have managed to secure an income producing block of 6 self contained apartments within proximity to the Promenade and Cleveleys Town Centre.

The property is a semi detached house arranged as 5 self contained flats.

The flats have planning permission for 5 self contained flats with three one bedroom, one studio in the main building and a two bedroom self contained to the rear with its own entrance.

The property is conveniently situated in a location within proximity to great transportation links, Town Centre, local shops and all local amenities.

Ground Floor
* Flat 1: (Total 35sqm) Lounge and kitchen; bedroom; bathroom;

Ground Floor Rear:
* Flat 2 Independent entrance: Lounge kitchen; bathroom; bedroom:
* Flat 2a: Lounge kitchen; bedroom with en suite shower and wc; NB: Flat 2/2a has planning as a 2 bedroom unit.

First Floor:
* Flat 3: (Total 19sqm) Studio unit and bathroom;
* Flat 4: (Total 22sqm) Lounge; bedroom; kitchen; bathroom;

Second Floor:
* Flat 5: (Total 35sqm) Lounge; kitchen; bedroom; bathroom;
Agent: Property Investor App Limited
Agent Ref: 000061020_41

Ad ID: 1423674526


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