Project Description

previous arrow
next arrow
PlayPause
previous arrownext arrow
Slider

Pleasure Holiday Apartments

26 Withnell Rd, Blackpool

This freehold 3 storey, middle terrace investment is in a prime location near the Promenade in the residential booming area of Blackpool. Situated on the quieter streets of the inner part of town, with easy access to various recreational amenities and public transport. The building possesses lovely bay windows and is constructed of natural stone. The gross external floor area is 265 square meters.

It is newly refurbished (completion end of April 2017) and has had modern kitchens and bathroom fittings installed. An overhaul of roof areas and gutters. Installation of new windows throughout the entire property. Electrical re-wiring of the entire property. An updated fire alarm system with Heath and Smoke detection to all floors and emergency lighting has been installed. Re-plastering of entire interior and new floor coverings have been included.

It will be tenanted shortly after refurbishment is completed. The investment pulls in an annual rental income of circa £27,000 – £28,000 per annum.

Structural surveys and valuations were made late 2016.

The property consists of;
Basement: with a cellar.
Ground Floor:
Entrance hall
Flat 1; lounge with former sun lounge, 2 x bedrooms, WC, kitchen. (83 square metres)
First Floor:
Rear Flat 2; Shower room & WC, kitchen, bedroom, sitting room. (32.5 share metres)
Front Flat 3; bedroom with en-suite shower room, sitting, kitchen. (44.7 square metres)
Second Floor:
Rear Flat 4; kitchen, sitting room area, bedroom + en-suite shower room. (32.5 square metres)
Front Flat 5; bedroom with en-suite shower room, kitchen, sitting room. (44.7 square metres)
Outside: 2 x rear carpark

DATE

10/03/2017

BOUGHT

£132,750

REFURBISHMENT

£60,000

VALUATION

£270,000

VIEW LIVE WEBSITE

More Projects

UK • PROPERTY• INVESTMENTS

Let’s Work Together

INQUIRE ABOUT WHAT PROPERTY INVESTING CAN DO FOR YOU

Submit your details and we will contact you. If you live in Zürich Switzerland, we will invite you out for a FREE coffee.

LET’S TALK