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£140,000

Lonsdale Road, Blackpool, FY1

  • 6 beds
Flat

£140,000

  • 6 beds
Flat
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Estimate monthly mortgage payment:

£639 per month

Minimum deposit amount:

£7,000
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For Sale by Online Auction with a Starting Bid of £140,000. Terms & Conditions Apply. See WebbMove for all the Auction Details.

A substantial, approximately 2,600 sq ft., garden terraced house which is arranged as THREE SELF-CONTAINED FLATS WITH FULL PLANNING CONSENT. It is situated in a convenient location, a short walk away from all local amenities including shops, schools, bus routes, Blackpool Promenade and Blackpool Football Club.

The basement flat has recently been refurbished and briefly offers; hallway, spacious lounge, kitchen, bedroom and a bathroom. This flat is currently vacant but would fetch in the region of £550 PCM.

The ground floor maisonette is currently let on an AST to a long-term tenant and briefly offers; spacious lounge, kitchen, bathroom, ground floor bedroom and a first-floor bedroom. The current tenant is paying £600 PCM with scope for review.

The top floor maisonette is in good condition and briefly offers; open plan living/kitchen area, three bedrooms and a bathroom. This flat is currently vacant but would fetch in the region of £850 PCM.

In addition, there is a basement, a small yard and outbuildings.

The total projected rent once fully let would be £2,000 per month/£24,000 per annum.

Interested? viewings are available either in person or via our 360 virtual tour!

Blackpool is currently undergoing a major regeneration project, with funding from government in the region of £350M. Significant improvement works have already taken place/continue to be carried out, some of which are just a stone's throw away in central Blackpool. In addition, the property is a short stroll away from the promenade.
 

COVERAGE BROADBAND

We are advised that the property can obtain Fibre to the Premises (FTTP)

MOBILE DATA

We are advised that you are likely to have mobile coverage

We would suggest that you also make your own enquiries as to Mobile Data coverage https://checker.ofcom.org.uk/en-gb/mobile-coverage 

This property is for sale by online auction under WebbMove Auctions ('The Auctioneer'). Lots sold by the Auctioneer will typically be sold under unconditional auction terms.

The auction end date for this property is scheduled for 27th May 2025. Please note some circumstances can cause this date to change, and it may close before the scheduled end date.

Upon acceptance of their bid, the winning bidder will be required to pay both a deposit and a buyer's premium within 24 hours. Typically, this will be 10% of the sale price and 4% plus VAT of the sale price (subject to a minimum of £4,000 plus VAT) respectively. The deposit will form part of the sale price on completion of the sale, the buyer's premium will be retained by The Auctioneer as a fee for their services.

Most properties can be viewed prior to the auction date either in person or through our virtual 360 tours and can be arranged via Tiger Sales and Lettings.

Prospective buyers will be required to register with The Auctioneer, upon doing this they will be able to download legal information and place bids. Visit the Auctioneer's website to register, in-line with anti-money laundering regulations, a prospective buyer's identity will have to be verified before a bid(s) can be placed.

For specifics relating to the auction/sale, a buyer should download and review the Legal Pack via The Auctioneer's website, paying special attention to the Special Conditions, the auctioneers' terms and conditions, and the RICS Common Auction Conditions. We recommend seeking the advice of a competent legal advisor before placing a bid.

Looking to SELL by AUCTION rather than BUY? Get in touch for your free valuation! You never know, your property may be worth more than you think.

WebbMove Auctions is a trading name of Tiger Sales and Lettings Ltd. 
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