Lot
040
Auction Ends: 29/01/2025 11:57 - Bidding opens Tuesday 28th January 10:00 AM

14 Brighton Avenue, Blackpool, Lancashire, FY4 1HL

Property Details
Location
Description
A high yielding residential investment opportunity comprising a mid terrace building currently divided into 2 self contained flats and 3 bedsits with a shared bathroom. The property is let in full and produces an annual equivalent rental income of approximately £19,959 (representative of a yield in excess of 15% if purchased around our last quoted guide price). The property is situated within walking distance of the sea front and a number of Blackpool's tourist attractions.
Location
The property fronts onto Brighton Avenue which is accessed via Osborne Road within easy walking distance of a variety of local shops, pubs, cafe's and tourist attractions.
Tenancy

Basement Flat£368.33pcm
Flat 1£320 every 4 weeks
Bedsit 1£75 weekly
Bedsit 2£325pcm
Bedsit 3£349.92

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 28TH JANUARY AND CLOSES ON WEDNESDAY 29TH JANUARY.

3. Energy Performance Certificate: Flat 1 = D, Flat 2 = D, Flat 3 = D, Flat 4 = D & Flat 5 = D.
Addendum
We are advised that Flat 2 is in arrears at 25th November 2024 in the sum of £668.08 (£349.92 paid monthly by Universal Credit). An additional £20 per month is being collected to pay off the arrears.

We are advised that there are arrears in the sum of £258.02 relating to Flat 1 as housing benefit pay in arrears.

Our Nearest Office

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Liverpool

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