£37,500
  • Ref: 26299
  • Availability: For Sale
  • Bedrooms: 1
  • Bathrooms: 1
  • Reception Rooms: 1
  • Tenure: Leasehold
  • Make Enquiry

Property Features

  • For Sale by Online Auction
  • Purpose Built Apartment
  • Investment Opportunity with Tenant In-Situ
  • Current Rental Income £450PCM
  • Up-and-Coming Area
  • Close to Blackpool's c. £350M Regeneration Project
  • 14% Yield (based on starting bid)
  • Scope for Rental Review
  • More Details to Follow
  • Viewings Available in Person or via our 360 Virtual Tour

Property Summary

For Sale by Online Auction with a Starting Bid of £37,500. Purpose Built Apartment - BTL Opportunity with Tenant in-Situ - £5,400 INCOME PA. Terms & Conditions Apply. See WebbMove for all the Auction Details.

Full Details

**MORE DETAILS/PHOTOS TO FOLLOW**

For Sale by Online Auction with a Starting Bid of £37,500. Terms & Conditions Apply. See WebbMove for all the Auction Details.

A one bedroom purpose built apartment which is a great buy-to-let opportunity as it's sold with a tenant in-situ who currently pays £450 PCM. There is scope to review the rental income.

The area is up-and-coming and is part of Blackpool's circa £350M regeneration project which is well underway. Once completed, we anticipate prices could rise considerably.

Viewings are available NOW either in person or via our 360 virtual tour.

Purpose Built Apartment - BTL Opportunity with Tenant in-Situ - £5,400 INCOME PA.

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

AUCTION INFORMATION 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 25th March 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.