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Description

  • Status: Available
  • Type: Flat
  • Ownership: Leasehold
  • Occupation: Vacant
  • Bedrooms: 2
  • Council Tax: Search

100% prime investment property located at the heart of Blackpool Promenade. Large 2 bedroom lower ground floor, MAIN DOOR property- excellent potential for long and short term rental.

Accommodation comprises Split level Lounge/ Dining Room, 2 x Double Bedrooms- both En-Suite, Fully fitted Kitchen and Additional small kitchen/ utility room. SUPER SIZE- Approx 1,250sqft.

Property benefits from PRIVATE ENTRANCE FROM the promenade, another entrance door within the main building and also a back door to the rear of the building. PERFECT RESIDENTIAL/HOLIDAY INVESTMENT.

The auctioneer understands that this property was previously the manager's accommodation. Sold on leasehold basis on 999 year lease with peppercorn rent.

PERFECT INVESTMENT PROPERTY on The Promenade with constant demand throughout the year given excellent proximity to Blackpool Tower, The Famous Piers, Pleasure Beach and all local entertainment.

100% prime investment property located at the heart of Blackpool Promenade. Large 2 bedroom lower ground floor, MAIN DOOR property- excellent potential for long and short term rental. Accommodation comprises Split level Lounge/ Dining Room, 2 x Double Bedrooms- both En-Suite, Fully fitted Kitchen and Additional small kitchen/ utility room. The auctioneer understands that this property was previously the manager's accommodation. Sold on leasehold basis on 999 year lease with peppercorn rent.. SUPER SIZE- Approx 1,250sqft. Property benefits from PRIVATE ENTRANCE FROM the promenade, another entrance door within the main building and also a back door to the rear of the building. PERFECT RESIDENTIAL/HOLIDAY INVESTMENT. PERFECT INVESTMENT PROPERTY on The Promenade with constant demand throughout the year given excellent proximity to Blackpool Tower, The Famous Piers, Pleasure Beach and all local entertainment. The property will require a degree of upgrading prior to habitation. PERFECT INVESTMENT OPPORTUNITY IN PRIME LOCATION within North of England's most famous seaside holiday town with an average of over 7,000 visitors every day in peak season. SUPER INVESTMENT

Blackpool is a seaside resort on the Irish Sea coast of England. It's known for Blackpool Pleasure Beach, an old-school amusement park with vintage wooden roller coasters. Built in 1894, the landmark Blackpool Tower houses a circus, a glass viewing platform and the Tower Ballroom, where dancers twirl to the music of a Wurlitzer organ. Blackpool Illuminations is an annual light show along the Promenade. Blackpool's major attractions and landmarks include Blackpool Tower, Blackpool Illuminations, the Pleasure Beach, Blackpool Zoo, Sandcastle Water Park, the Winter Gardens, and the UK's only surviving first-generation tramway.

Full Address: 227 Promenade, Basement Flat, Blackpool, FY1 5DL

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Pricing Information & Bidding

Opening Bid: £48,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.

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Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

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Auction Details

Date & Time: 16 May 2024, 10am-3pm
Type: Timed Online Auction

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