Instantly explore your home, road, or area

" For sale by auction on Thursday, 06 February 2020 at 14:00

Venue: University of Bolton Stadium Platinum Suite, De Havilland Way, Bolton, BL6 6SF

The property comprises a mid-terrace building arranged over basement, ground and two upper floors beneath a pitched roof. The property is internally arranged to provide seven self-contained flats, together with storage in the basement. The basement provides an opportunity to convert and increase income. There is a rear yard.

The property is situated on the south side of Derby Road, to the east of its junction with Promenade and close to the North Pier, Blackpool Tower and the Pleasure Beach. An extensive range of shops and facilities is available in Blackpool town centre. Blackpool Tramway runs nearby, while Blackpool North railway Station is within easy reach and provides regular and direct services to both Manchester and Liverpool. The M55 motorway is within reach to the south, Blackpool sea front is close by and several golf courses are also accessible.

Flat 1 (formerly two flats) Ground Floor
Two reception rooms, kitchen, bedroom, shower room/w.c. - AST 26 weeks from 16.03.17 (holding over) - ?100 pw

Flat 3 - First Floor
Studio room through to kitchen, shower room/w.c. - AST 24.07.18 - 24.01.19 - ?85 pw

Flat 4 - First Floor
Studio room through to kitchen, shower room/w.c. - AST 28 weeks from 13.04.15 (holding over) - ?70 pw

Flat 5 - First Floor
Studio room through to kitchen, shower room/w.c. - AST 26 weeks from 18.08.17 (holding over) - ?85 pw

Flat 6 - Second Floor
Studio room through to kitchen, shower room/w.c. - Currently Vacant previous rent ?70 pw

Flat 7 - Second Floor
Studio room through to kitchen, shower room/w.c. - AST 6 months from 06.02.11 (holding over) - ?75 pw

Flat 8 - Second Floor
Studio room through to kitchen, shower room/w.c. - AST 16.11.18 - 15.05.19 (holding over) - ?80 pw

Total Income - ?495 pw = ?25,740 per annum.
Estimated rental when fully Let ?565 pw = ?29,380 per annum

EPC Rating: To Follow

Viewings

Additional Fees
Buyers Premium - ?900 inc VAT payable on exchange of contracts.
Administration Charge - 1.2% inc VAT of the purchase price, subject to a minimum of ?1200 inc VAT, payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.

"