End Terraced

4

x 1

100% Occupied. No outstanding repairs

Rent PCM: £1,560 (3 Double rooms at £395, 1 Single room at £375)

Freehold. 4 bedroom end of terrace.

- High Cashflow

- Management company in place

• Fantastic area with high rental demand!
• Licensed, established and finished to a high standard!
• Offering over 20% Return on Cash!
• Based near business parks, industrial estates with plenty of working tenants!
• Returns from day one!
  
  

Ref: CI3G074

4 x Apartment

2 x 2 bedroom flat

 2 x 1 bedroom flat

x 4

Freehold. Mid terraced.

2 properties converted into 4 self-contained flats

(2 x 2 bedroom flat and 2 x 1 bedroom flat)

Each property has separate entrance

- Lounge/reception room

- Bathroom

- Kitchen

Property 1

2 bedroom flat. Currently vacant after a long-term tenant moved out a few months ago.

- Burglar alarm in place

- Gas Meter

- Carbon monoxide alarm & fire alarm already in place

- Electrical safety certificate is up to date

- Gas Central Heating

- The kitchen is in good condition, but should be refurbished and modernised in order to obtain a good rental income. This includes retiling the floor and repainting the walls.

Refurb costs around £5,940 (including a 20% contingency) in order to appeal to new tenants. Such work can begin as soon as the sale is complete.

Property 2

1 bedroom flat. Currently tenanted at £85 a week, and have been living there for the last 4 years. Their contract is renewed on a rolling basis.

- Burglar alarm in place

- Fire alarm

Refurb costs around £6,432 (including a 20% contingency). The tenants, who have been there for over 4 years, have said that they are satisfied with the property currently and since they are already paying rent at market value.

Some of the repairs required in the property are things that the vendor has said they will take care of prior to sale. Prior to signing the memorandum of sale, we can compile a clear list of these items so that there will be a written record of what the vendor will replace.

• Proven Buy To Let Area!
• Close to the North Beach, Tram lines and buses
• High Yielding Investment!
• Circa 5 mins drive from Blackpool Town Centre!

Comparables

97 Breckside Park - A 2 bedroom flat, sold in November 2017 for £69,000.

New Road - A 1 bedroom flat, sold in December 2020 £39,950.

Ref: CI3G071

4 x Apartment

x 4

x 4

4 x 1 bedroom flats. Good condition throughout.

- All self contained and fully tenanted.

- The property has a garage with parking for 2 vehicles.

• Proven Buy To Let Area!
• Close to the North Beach, Tram lines and buses
• High Yielding Investment!
• Circa 5 mins drive from Blackpool Town Centre!

Comparables

Sutherland Road - A 1 bedroom apartment, sold STC £62,950.

Ref: CI3G070

5 x Apartment

x 8

x 5

Block of 5 flats [ 3 x 2 bedrooms, 2 x studios]

- Currently fully tenanted and in good condition throughout.

*Tenants pay their own Council Tax and electric.

*Landlord responsible for any maintenance.

• Proven Buy to Let Area!
• Close to Close to the South Pier, Pleasure Beach and Sandcastle Water Park!
• Easy Access to Shops, Amenities and Transport Links!
• High Yielding Opportunity!

Comparables

86 Lytham Road - A 2 bedroom flat, sold in October 2019 for £110,000.

Lytham Road - A 2 bedroom flat, Offers Over £90,000.

Hoghton Close - Studio flat, sold STC £49,950.

Calder Close - Studio flat, sold STC £60,000.

Ref: CI3G069

5 x Apartment

x 6

x 5

Long Term Let

5 Self-contained flats - 4 x 1 bedroom and 1 x 2 bedrooms

- Newly Refurbed Throughout.

As residential flats the rents are £100 per week for the 1 bedroom and £120 per week for the 2 bedrooms.

£27,040 per annum, [9% gross yield]

Serviced Accommodation Opportunity

Based on conservative figures - £100 per night x 5 units x 50% occupancy at 40 weeks per year would provide an income of £70,000 per annum [22% gross yield]

*The average occupancy levels in the town are near 70% and average nightly rate is around £120.

Property is situated close to the town centre, easy access to the brand new £28 Million pound Conference centre, Blackpool Winter Gardens, the Tower and a shopping centre making this property a perfect investment for Serviced Accommodation

Ref: CI3G068

7 x Apartment

x 7

x 7

Block of 7 self contained flats (3 Studio flats and 4 x 1 bedroom flats)

- Fully Licenced

- Recently Refurbished

- 2484 SQ FT

All 7 rooms are currently tenanted.

Apartment 1 - £520.00 (£120 pw)

Apartment 2 – £411.67 (£95 pw)

Apartment 3 – £368.33 (£85 pw)

Apartment 4 – £390.00 (£90.00 pw)

Apartment 5 – £433.33 (£100 pw)

Apartment 6 – £411.67 (£96 pw)

Apartment 7 – £433.33 (£100 pw)

Total Rental Income per month: £2,968.33

• Town Centre Location!
• Near Blackpool North Train Station!
• Near Shops, Amenities and Transport Links!
• High Yielding Opportunity!

Comparables

Flat 4, Grizedale Court - A 1 bedroom apartment, sold in September 2020 for £55,000.

Sutherland Road - A 1 bedroom apartment, sold STC £62,950.

Squires Gate Lane - Studio flat for sale at £58,000.

Ref: CI3G067

Semi-detached

x 3

x 1

Leasehold. 2 bedroom flat. Good condition.

Vacant Possession

Lease Details:

Lease remaining: 110 years

Service Charge: £166 per month

Ground Rent: £175 p/a - paid half yearly

• Area with High Demand!
• Huge Discount!
• Walking Distance to Basingstoke Train Station!
• Easy Access to Shops, Amenities and Transport Links!
• Town Centre Location!

Comparables

35, Crown Heights - A 2 bedroom flat, sold in October 2017 for £200,000.

39, Crown Heights - A 2 bedroom flat, sold in July 2019 for £201,000.

41, Crown Heights - A 2 bedroom flat, sold in October 2019 for £180,000.

Ref: CI3G066

Commercial

x 2 flats

x 2 flats

x 1 Shop

x 2

Freehold

Ground floor - Commercial shop

1st floor - 2 bedroom flat

2nd floor - 2 bedroom flat

• Great Location!
• Easy Access to Shops, Amenities, and Transport Links!
• High Yielding Opportunity!
• Circa 15-20 mins drive to Bolton Town Centre!
• Proven Buy To Let Area!



Walkthrough Video available

Comparables

Bradshawgate - Retail Proprerty, sold STC £85,000.

43 Cooper Street - A 2 bedroom flat, sold in December 2020 for £76,500.

Ref: CI3G064

Semi-Detached

x 4

x 1

Freehold. 4 bedroom semi-detached. Good Condition.

Standard Construction

- Gas Central Heating

- Double Glazing

- Parking

- Gardens

• Good Rental Area!
• Near Local Amenities and Transport Links!
• Opportunity to Buy, Refurb and Sell on or to Let out!
• Few mins drive to Brierley Hill Town Centre!
• Circa 10 mins drive to Stourbridge Town Centre!
  

Comparables

20 Old Barn Road - A 3 bedroom semi-detached, sold in November 2017 for £180,000.

Whitworth Close - A 3 bedroom semi-detached, sold STC £190,000

Ref: CI3G063

Semi-Detached

x 2

x 1

Freehold. 2 bedroom semi-detached.

This cottage is set over three floors and has been extensively modernised over recent years, to include full wall insulation, central heating, loft insulation plus partial rewiring.

• Delightful Village Location!
• Excellent local schools!
• Easy access to transport network!
• Circa 15-20 mins drive to Bolton Town Centre!

Comparables

264 Blackburn Road - A 2 bedroom terraced, sold in January 2021 for £172,500.

240 Blackburn Road - A 2 bedroom terraced, sold in December 2020 for £165,000.

Blackburn Road - A 2 bedroom terraced, sold STC £200,000.

Ref: CI3G061