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Property Summary
The lot is to be sold by online auction on Wednesday 8th February at 4:05pm (bidding opens on Tuesday 7th February at 12pm) Pre-auction offers will be considered for this property.
Full Details
*Mid Terrace House *Four Bedrooms *Available For Cash Buyers Only *In Need Of Renovation Throughout *Significant Potential *Walking Distance To Stanley Park & Amenities *Off Road Parking *No Onward Chain
Situation & Description
Description
This 4/5 bedroom mid-terrace house is spread over 3 floors and is now in need of complete modernisation and offers huge potential to an incoming buyer due to the current layout and room sizes which could lend itself to a house of multiple occupancy (HMO) or split into separate flats or simply renovated to its former glory as a family home.
Newton Drive is one of the main thoroughfares to Blackpool seafront which is around 1mile to the west with an excellent range of local shops to be found on nearby Whitegate Drive and Stanley Park, Blackpool Victoria Hospital and Blackpool North train station are all within walking distance.
The house consists of:
Ground Floor: Entrance Hall, Living Room/Dining Room/Reception 2 (Bedroom 5), Kitchen and Bathroom with door to rear courtyard.
First Floor: 3 x Double Bedrooms (1 with kitchen) and Bathroom
Second Floor: Bedroom 4
Outside there is off-street parking for 2 x cars and a rear courtyard.
If the property was converted into a licensed 5 bedroom HMO, it is our opinion that the potential gross rental income could be in the region of £27,000 per annum based on £450 per calendar month per room.
Auction Details
The lot is to be sold by online auction on Wednesday 8th February at 4:05pm (bidding opens on Tuesday 7th February at 12pm)
Please note that a Buyer’s Premium of 1.2% inc.VAT of the purchase price is to be paid by the successful Buyer subject to a minimum fee of £3,600 (inc of VAT).
Auctioneer's Note
Pre-auction offers will be considered for this property.
Viewings
By appointment only. Please call iMove to schedule a viewing.
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