Lot
054
Auction: April 2023 Online Auction 26/04/2023 - Bidding opens Tuesday 25th April 10:00 AM

3 Wilton Parade, Blackpool, Lancashire, FY1 2HE

Property Details
Location
Description
A town centre residential investment opportunity comprising 8 no. self-contained part let flats, currently producing a rental income of £25,999.80 per annum. There is potential to increase the rental income by letting the two vacant flats and large garage to the rear and a large attic space also offers potential to provide further accommodation, subject to obtaining the necessary consents.
Location
The property fronts Wilton Parade, a short distance from the A584 Promenade, and just 1 mile from Blackpool Tower together with the main town centre retail and leisure amenities. Blackpool North Station is within 0.5 miles and the M55 motorway is approximately 4.5 miles to the south east.
Accommodation

AccommodationDescription

Basement

Flat 1


2 Bedrooms, Bathroom, Store

Ground Floor

Communal Area

Flat 1

Flat 2


Entrance Hall

Entrance Hall, W/C, Kitchen, Living Room

Kitchen-Living Room, Bedroom, Shower Room

First Floor

Communal Area

Flat 3

Flat 4

Flat 5


Hallway

Entrance Hall, Kitchen-Living Room, Bedroom, Shower Room

Kitchen, Bedroom-Living Room, Shower Room

Living Room, Bedroom, Kitchen, Shower-Room

Second Floor

Communal Area

Flat 6

Flat 7

Flat 8


Hallway

Entrance Hall, Kitchen-Living Room, Bedroom, Shower Room

Kitchen-Bedroom-Living Room, Shower Room

Living Room, Bedroom, Kitchen, Shower-Room

Attic3 Store Rooms

Outside
There is a yard area and large garage to the rear, which can be accessed via Wilton Parade or Dickson Road.
Planning
Interested parties should consult direct with the Local Planning Authority: Blackpool Council, PO Box 17, Municipal Buildings, Corporation Street, Blackpool, FY1 1LZ. Telephone: 01253 476 193. Email: [email protected]
Tenancy
Each of the flats is let by way of an Assured Shorthold Tenancy agreement at the following rents:

Flat 1 = £433.33 pcm (£5,199.96 per annum)
Flat 2 = £368.33 pcm (£4,419.96 per annum)
Flat 3 = £368.33 pcm (£4,419.96 per annum)
Flat 4 = Vacant
Flat 5 = £368.33 pcm (£4,419.96 per annum)
Flat 6 = £368.33 pcm (£4,419.96 per annum)
Flat 7 = Vacant
Flat 8 = £260 pcm (£3,120 per annum)
Garage = Vacant
Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
General
1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 25TH APRIL AND CLOSES ON WEDNESDAY 26TH APRIL.

3. The flats are all listed with Council Tax assessments in Band A.

4. Energy Performance Certificates:

Flat 1 = D.
Flat 2 = E.
Flat 3 = E.
Flat 4 = D.
Flat 5 = C.
Flat 6 = D.
Flat 7 = F.
Flat 8 = E.

Our Nearest Office

Liverpool 600x300

Liverpool

Joint Agent

Duxburys Commercial
Contact: Adam Taylor
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