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Flat 10 Lynton Apartments, Blackpool, FY1 5DL

Opening Bid

£30,000

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Opening Bid

£30,000

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Flat

Residential

Occupied

Flat 10 Lynton Apartments, Blackpool, FY1 5DL

2

bed

1

bath

1

reception

Council tax: A

leasehold

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Attractive Residential Opportunity

Description

  • PRIME NEW LISTING! We are excited to bring to the market this property on Promenade, Blackpool 

  • Prime Opportunity for investors looking for a spacious 2 bedroom flat with excellent cashflow *HIGH CASHFLOW*

  • The property was rented at £600 per month meaning a 14.4% yield if achieved for guide price. *HIGH YIELDING OPPORTUNITY*

  • Property is situated on an attractive location, next to local amenities and transport links in a popular rental area PRIME LOCATION

PRIME NEW LISTING! We are excited to bring to the market this property on Promenade, Blackpool 

Property comprises:Entrance Hallway, 2 spacious bedroom, living room/ kitchen and a bathroom. 

The property was previously rented out to the current tenants who are paying £600 per calendar month or £7,200 per year.

This would produce a yield of 14.4% yield if achieved for guide price. *HIGH YIELDING OPPORTUNITY*

Sure to appeal to shrew investors looking to start or expand their portfolio with a tenanted property with immediate cashflow

Property is situated on an attractive location, next to local amenities and transport links in a popular rental area PRIME LOCATION

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Make an Offer” button on our website.

This property is offered at a fantastic price to ensure an Auction sale.

The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.

Location

Blackpool is a vibrant seaside resort town on England's northwest coast in Lancashire, famous for its iconic tower, bustling promenade, and traditional British seaside charm. The town's crown jewel, Blackpool Tower, stands 158 meters tall and has been a beloved landmark since 1894, offering panoramic views of the Irish Sea and housing the famous Tower Ballroom with its intricate baroque architecture. The Golden Mile stretches along the seafront, packed with amusement arcades, fish and chip shops, candy floss stalls, and the historic Blackpool Pleasure Beach, one of the UK's most visited theme parks. Every autumn, Blackpool transforms into a dazzling spectacle during the world-famous Illuminations, when millions of lights illuminate the promenade for months, drawing visitors from across the country. Despite facing economic challenges in recent decades as overseas holidays became more popular, Blackpool remains a nostalgic symbol of British seaside culture, continuing to attract millions of visitors annually who come for its unpretentious fun, theatrical shows, and the timeless appeal of donkey rides on the beach.

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Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£11,000

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.