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Description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Tenanted
  • Bedrooms: 1
  • Council Tax: Search

PRIME HOLIDAY LET APARTMENT. 1 bed ground floor flat located close to the desirable South Promenade just off the popular Lytham Road in South Shore, Blackpool. The flat is furnished and has bay window frontage. Potential income of £15,000 per annum.

Internal Layout comprises Bay Lounge, Bedroom, Fully fitted kitchen & separate shower room. Currently let on a short term lease at £500pcm. Can be sold vacant or with tenant in situ.

The property is perfect for use as a holiday let and could provide a potential income of £10,000 to £15,000 per annum representing a massive return on investment.

Property has recently been refurbished to a high standard including new kitchen and bathroom, new carpets and decorated throughout.

Situated in the hugely popular South Shore residential area of Blackpool within a short distance to the promenade. The property is in prime position for all local attractions, amenities and transport links.

PRIME HOLIDAY LET APARTMENT. 1 bed ground floor flat located close to the desirable South Promenade just off the popular Lytham Road in South Shore, Blackpool. The flat is furnished and has bay window frontage. Potential income of £15,000 per annum. Internal Layout comprises Bay Lounge, Bedroom, Fully fitted kitchen & separate shower room. Currently let on a short term lease at £500pcm. Can be sold vacant or with tenant in situ. The property is perfect for use as a holiday let and could provide a potential income of £10,000 to £15,000 per annum representing a massive return on investment. Property has recently been refurbished to a high standard including new kitchen and bathroom, new carpets and decorated throughout. Situated in the hugely popular South Shore residential area of Blackpool within a short distance to the promenade. The property is in prime position for all local attractions, amenities and transport links.

The property is situated along St Chad's Road, just off the popular Lytham Road in South Shore, Blackpool. The area is a large mix of commercial and residential properties with an extremely high level of footfall and traffic and is a short walk to the promenade. Blackpool is located 9.6 miles south of Fleetwood, 17 miles west of Preston and 50 miles northwest of Manchester. 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: 41 St Chads Road, Flat 6, South Shore, Blackpool, FY1 6BP

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Map & Location

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Special Terms of Sale

  • Buyers Fee (?) 3% of Sale Price (Minimum of £2500 +vat)

Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.

Tenancy Details

Type of Agreement: Short Assured Tenancy (SAT)
Length:
Rent: £6,000 per year / £500 per month
Yield: 13% (approx)
Tenant: Private Individual
Notes: Tenant is happy to vacate with 4 weeks notice.

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Pricing Information & Bidding

Opening Bid: £47,000

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).

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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 £2,500 + 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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Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.

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Auction Details

Date & Time: 01 May 2025, 10am-3pm
Type: Timed Online Auction

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