Sold

Lancashire – unbroken freehold block comprising 26 self-contained age-restricted flats

The Sycamores, 14 Blackpool Old Road, Poulton-le-Fylde, FY6 7WL

Offers in excess of £2,200,000

Property Type:
Residential
Sub Type:
Block of Flats
Tenure:
Freehold

Description

  • Freehold
  • Comprising 26 self-contained flats
    • 10 x one bedroom
    • 16 x two bedrooms
  • Convenient location central to Poulton-le-Fylde
  • 23 flats subject to Assured Shorthold Tenancies
  • 3 flats currently vacant
  • Total rent reserved: £153,300 per annum
  • Estimated Rental Value: £179,100 per annum
  • Gross Yield: 8.1% (based upon ERV)