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Property for Auction in North West - 373 Central Drive, Blackpool, Lancashire FY1 5JN

373 Central Drive, Blackpool, Lancashire FY1 5JN

£169,000
Residential
About this Property
2024-11-13
169000
Traditional
Residential
Description

Freehold Block of Five Refurbished Flats – Fully Let Producing £33,300 pa Recently refurbished block briefly comprising: -

1 x Studio Apartment, 2 x Two Bedroom Apartments, and 2 x 1 Bedroom Apartments. Externally there is a garage to the rear.

We have been informed that three of the flats and the garage have now been let as follows Flat 1 (studio) - £450 pcm (rent paid till April 2025 by tenant) Flat 2 (2 bed) - £625 pcm Flat 3 (1 bed) - £525 pcm Flat 4 - (1 bed) - £525 pcm Flat 5 (2 bed) - £525 pcm Garage - £125 pcm

The current rental income is therefore £2,775 pcm / £33,300 pa.

The property is located close to Blackpool FC with The Promenade and town centre both within 1 mile.

Tenure: Freehold Title number: LA406835 Council Tax Band : A Local Authority: Blackpool

Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/ Tenure Freehold IMPORTANT INFORMATION Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction. ANTI-MONEY LAUNDERING REGULATIONS In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects.

Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.

Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding. Energy Efficiency Rating (EPC) Current Rating Flats 1-3 = E, Flats 4&5 = D Local Authority Blackpool Borough Council Solicitors Burge Thorpe, Ref: Burge Thorpe Important Notice to Prospective Buyers: We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others. Additional Fees Administration Charge - 1.98% inc VAT of the purchase price, subject to a minimum of £1980 inc VAT, payable on exchange of contracts. Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Location
More Information
Not Specified
Central Drive
Planing Authority
Blackpool LPA
Sold Price History
06 Nov 2003Sold£140,000
16 Nov 2007Sold£200,000
01 Jun 2023Sold£74,000
20 Jul 2023Sold£120,000
16 Jul 2025Unsold Lot Auction House North West£150,000

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