FANTASTIC INVESTMENT OPPORTUNITY WITH AUCTION!!
LOCATION -
Situated on Dean Street in the heart of Blackpool, this property benefits from an unbeatable position just a 2-minute walk to the stunning promenade and South Pier. Only 7 minutes from the world-famous Pleasure Beach, it’s perfectly placed to attract holidaymakers and visitors alike. This prime location ensures high footfall and excellent potential for rental income in a bustling, popular area.
PROPERTY OVERVIEW -
A spacious and unique 5-bedroom property that offers incredible development potential. Currently in need of refurbishment, this is a blank canvas for creating a lucrative investment. The property has the capacity to be transformed into up to 5 self-contained flats, ideal for holiday rentals or long-term lettings. KEY FEATURES Two bathrooms Ground floor flat with a kitchen and bathroom Bedrooms 3 and 4 include small kitchen units, adding versatility Ample parking space at the rear for multiple vehicles Large, adaptable layout providing excellent development scope
OPPORTUNITY & POTENTIAL -
This property presents a fantastic opportunity for investors seeking high yields in a busy tourist hotspot. Its proximity to top attractions, combined with its flexible layout, makes it perfect for holiday lets, short-term rentals, or long-term tenants. With some work, the potential to generate significant returns is clear.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
Bedroom 1 3.45 x 3.31
Shower Room 1.31 x 1.20
Bedroom 2 3.05 x 3.04
Shower Room 2 2.20 x 2.73
Bedroom 3 4.20 x 3.33
Bedroom 4 4.67 x 3.35
Bedroom 5 4.19 x 3.70
Kitchen 2.36 x 1.50
