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9 bed Apartment

Lord Street, Blackpool, Lancashire, FY1 2BD

£125,000
Residential
About this Property
125000
Modern
Residential
Description

Presenting a substantial terraced property with immense potential for investors or developers. Boasting an impressive 11 bedrooms, this versatile residence is ideally located just a short walk from the train station and right in the bustling town centre, making it highly attractive for rental income or conversion projects. Property Highlights: Generous Accommodation: A total of 11 bedrooms provide ample space for multiple tenants or can be transformed into self-contained flats. The layout offers flexibility for various development options, whether creating multiple rental units or a boutique multi-let property. Multiple Kitchens: The property features a total of seven kitchens, including six bedrooms equipped with their own dedicated kitchenettes. This setup lends itself well to creating independent living spaces, perfect for student accommodation, professional rentals, or boutique flats. Living & Lounge Areas: A spacious main lounge area offers communal space for residents or tenants, ideal for socialising or relaxation. Cellar & Outdoor Space: A sizeable cellar provides valuable storage, while the outside yard offers a manageable outdoor area, enhancing the property's appeal and functionality. Prime Location: Situated in the vibrant town centre, the property benefits from excellent access to shops, cafes, amenities, and transport links, notably being just a stone’s throw from the train station—perfect for commuters and tenants alike. Development & Investment Potential: This property presents a fantastic opportunity for investors to maximise returns through refurbishment, conversion into flats, or developing the site further. Its strategic location and flexible layout mean it can be tailored to meet various market demands, offering a strong rental yield and significant capital appreciation potential. Whether you’re looking to create a multi-unit rental property, student accommodation, or a boutique residential development, this property is ready to unlock its full potential. Early viewing is highly recommended to appreciate the scope of this excellent investment opportunity. Auctioneer comments This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

Location
More Information
Freehold
Lord Street
flat-apartment
Planing Authority
Blackpool LPA

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