11 Balmoral Terrace, Fleetwood, Lancashire, FY7 6HG
The property is located in Fleetwood approximately 10 miles to the east of the M6 motorway and 8.5 miles to the north of Blackpool town centre. Balmoral Terrace can be accessed from The Esplanade, being approximately 50m from the beach and seaside amenities, with the tram stop also in close proximity. The town centre is within 5 minutes walk.
A three storey HMO comprising six bedsits and one self contained one bedroom flat. The property is fully double glazed and all flats are individually metered. The property will be offered subject to two tenancies though the Vendor has informed us that the tenants are willing to vacate if required buy the buyer and to give an indication of the possible income, the bedsits were let at ú65 per week and the self contained flat at ú75 per week. Fully occupied at the same rents the property has the potential to produce a gross annual equivalent income of ú24,180.
Cellar: Storage Ground Floor: Vestibule, Hall with access to Flat A Kitchen/Living Room Flat B Bedroom Kitchen Flat C Living Room/Bedroom, Kitchen and Shower Room/WC (self contained) First Floor: Half Landing providing access to Shower Room/WC Flat A Bedroom Flat D Bedroom/Kitchen Flat E Bedroom/Kitchen Second Floor: Landing and Storage Flat F Bedroom/Kitchen Flat G Bedroom/Kitchen
Rear yard accessed by Flat Two only.
The property is sold subject to two statutory monthly tenancies at a combined rent of ú498.33 PCM. The Vendor has informed us the tenants will vacate if required to by the Buyer.
1) Two of the units are currently occupied but the Vendor informs us that the tenants are intending to vacate before completion. 2) Energy Performance Certificate = F.
The property will be offered subject to two tenancies though the Vendor has informed us that the tenants are willing to vacate if required buy the buyer. The current rent is ú498.33 pcm.
FY7 6HG Open in Google Maps