£320,000
Link detached house for saleNorth Albert, Fleetwood, Lancashire FY7
Available immediately
Leasehold
About this property
Great investment opportunity with immediate income.
The property comprises two self-contained residential flats and a ground floor retail unit with a basement. Flat A and Flat B are both currently let at £855 per calendar month each, generating a combined residential income of £1,710 per month (£20,520 per annum).
The ground floor retail shop and basement are currently vacant, offering clear potential for additional income. When let at an estimated £600 per calendar month, the total potential rental income increases to £2,310 per month (£27,720 per annum).
The residential units have been rented to a government-backed organisation for the past five years, providing a stable tenancy with consistent rental payments.
This is an excellent opportunity for investors seeking secure income from day one, with further upside through re-letting or repositioning the vacant ground floor and basement unit.
Location
The property comprises two self-contained residential flats and a ground floor retail unit with a basement. Flat A and Flat B are both currently let at £855 per calendar month each, generating a combined residential income of £1,710 per month (£20,520 per annum).
The ground floor retail shop and basement are currently vacant, offering clear potential for additional income. When let at an estimated £600 per calendar month, the total potential rental income increases to £2,310 per month (£27,720 per annum).
The residential units have been rented to a government-backed organisation for the past five years, providing a stable tenancy with consistent rental payments.
This is an excellent opportunity for investors seeking secure income from day one, with further upside through re-letting or repositioning the vacant ground floor and basement unit.
Location
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Monthly repayment
£1,600 per month
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Tenure
Leasehold (Ask agent)
Service charge
Council tax band
Council tax band not yet known
Ground rent
Ground rent date of next review
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