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10 bedroom block of apartments for sale

Westmorland Avenue, Blackpool
Block of apartments
10 beds
Added > 14 days

Key information

TenureFreehold
Council taxAsk agent

Features and description

  • Tenure: Freehold
  • Investment opportunity
  • Annual income circa £51,740
  • OVER 12% gross yield
  • Electrical test certificates
  • Gas safety certificate
INVESTMENT OPPORTUNITY

This large DOUBLE fronted terraced property is arranged as TEN separate flats, providing an annual income of around £51,740. That's a VERY APPEALING 12% gross yield.

The property is well presented with a central Blackpool location conveniently within 0.2 miles of local shops and amenities and 0.5 miles of the PROMENADE.

Rooms

Ground Floor

Vestibule
Meters cupboard

Communal Hall / Staircase

Flat 1
As at May 23 / Occupied since 4th Feb 2023 / Rent £100 per week / No arrears

Flat 2
As at May 2023 / Occupied since 16th Oct 2022 / Rent £85 per week / no arrears

Inner Hall
access to rear

First Floor

Flat 6
As at May 2023 / Occupied since 21st Jan 2023 / Rent £110 per week / No arrears

Flat 8
As at May 2023 / Occupied since 30th Oct 2021 / Rent £100 per week / No arrears

Flat 9
As at May 2023 / Occupied since 25th February 2023 / Rent £100 per week / No arrears

Second Floor

Flat 5
As at May 2023 / Occupied since 7th Jan 2023 / Rent £110 per week / No arrears

Flat 7
As at May 2023 / Occupied since 6th Aug 2022 / Rent £100 per week / No arrears

Flat 10
As at May 2023 / Occupied since 2nd Oct 2021 / Rent £100 per week / No arrears

Outside
Provides rear access to flats 3 & 4

Flat 3
As at May 2023 / Occupied since 18th March 2023 / Rent £105 per week / no arrears

Flat 4
As at May 2023 / Occupied since 7th Oct 2017 / Rent £85 per week / no arrears

EPC
There are 10 individual energy performance certificates valid until 2025, which can be viewed via the following link:

Electrics
There are electrical test certificates for each apartment dated May 2023, available for inspection.

Gas
There is gas safety certificate dated April 2023 available for inspection.

Tenure
We are informed the property is Freehold. Interested parties should seek clarification from their solicitor.

Property information from this agent

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About this agent

McDonald Estate Agents - Fylde Coast
McDonald Estate Agents - Fylde Coast
81 - 83 Red Bank Road Blackpool FY2 9HZ
01253 276786
Full profileProperty listings
Welcome to McDonald & Co Originally established by J G McDonald in 1948, McDonald & Company is still independently owned with the Directors working every day within the offices ensuring McDonald and Company remain one of the Fylde Coasts leading estate agents with an unrivalled reputation for sales and service. We specialise in residential sales across the Fylde coast. We can also arrange mortgage advice and property management services Our Blackpool and Bispham offices are linked through our computer system. All property and applicant information is universally available, ensuring an efficient and responsive service.
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