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Overview
8 Bedroom End of Terrace House for sale in Lytham Road, South Shore
This End Terrace House is currently set up as 5 Self Contained Flats and is situated on Lytham Road just off Watson Road being conveniently placed for Local Shops, Schools, Public Transport and other Local Amenities. The property comprises Entrance Vestibule, Hallway, Two 1 Bed Self Contained Flats, Three 2 Bed Self Contained Flats and Basement with the potential to convert into another flat. The property has a Gas Central Heating system installed, uPVC Double Glazing throughout, Driveway providing Off-Road Parking and Enclosed Rear Garden. By Sale of Modern Method Auction, T&C's Apply.
BASEMENT HALL LOUNGE 14' 4" x 13' 11" (4.37m x 4.24m) BEDROOM 1 12' 5" x 11' 6" (3.78m x 3.51m) BEDROOM 2 8' 7" x 6' 0" (2.62m x 1.83m) POSSIBLE KITCHEN 15' 6" x 10' 3" (4.72m x 3.12m) BATHROOM 10' 4" x 9' (3.15m x 2.74m) GROUND FLOOR Read more
BASEMENT HALL LOUNGE 14' 4" x 13' 11" (4.37m x 4.24m) BEDROOM 1 12' 5" x 11' 6" (3.78m x 3.51m) BEDROOM 2 8' 7" x 6' 0" (2.62m x 1.83m) POSSIBLE KITCHEN 15' 6" x 10' 3" (4.72m x 3.12m) BATHROOM 10' 4" x 9' (3.15m x 2.74m) GROUND FLOOR ENTRANCE VESTIBULE HALLWAY CLOAKROOM FLAT 1 LOUNGE/KITCHEN 14' 4" x 14' 1" (4.37m x 4.29m) BEDROOM 10' 10" x 7' 3" (3.3m x 2.21m) SHOWER ROOM FLAT 2 LOUNGE 17' 10" x 12' 5" (5.44m x 3.78m) KITCHEN 9' 10" x 7' 0" (3m x 2.13m) BEDROOM 10' 5" x 10' 2" (3.18m x 3.1m) BEDROOM 11' 11" x 6' 1" (3.63m x 1.85m) FIRST FLOOR LANDING FLAT 3 INNER HALLWAY LOUNGE 14' 5" x 14' (4.39m x 4.27m) KITCHEN 9' 6" x 8' 4" (2.9m x 2.54m) BEDROOM 1 14' 10" x 12' 5" (4.52m x 3.78m) CONSERVATORY 11' 5" x 7' 8" (3.48m x 2.34m) BEDROOM 2 11' 7" x 10' 3" (3.53m x 3.12m) SHOWER ROOM 6' 5" x 2' 10" (1.96m x 0.86m) SHOWER ROOM 6' 4" x 6' 0" (1.93m x 1.83m) SECOND FLOOR LANDING FLAT 4 LOUNGE/KITCHEN 11' 0" x 10' 4" (3.35m x 3.15m) BEDROOM 12' 1" x 8' 5" (3.68m x 2.57m) SHOWER ROOM 3' 9" x 2' 10" (1.14m x 0.86m) WC 3' 9" x 4' 6" (1.14m x 1.37m) FLAT 5 INNER HALLWAY LOUNGE/KITCHEN 14' 6" x 12' 1" (4.42m x 3.68m) BEDROOM 10' 6" x 8' 3" (3.2m x 2.51m) BEDROOM 13' 10" x 7' 11" (4.22m x 2.41m) SHOWER ROOM 8' 4" x 5' 10" (2.54m x 1.78m) OUTSIDE Front driveway providing off-road parking for multiple vehicles
Enclosed rear garden area
COUNCIL TAX BANDS FLAT 1 - A
FLAT 2 - A
FLAT 3 - A
FLAT 4 - A
ENERGY EFFICIENCY RATINGS Flat 1 - E
Flat 2 - F
Flat 3 - F
Flat 4 - D
Flat 6 - D
PROPERTY TENURE We are verbally informed by the vendor that the property is FREEHOLD
OTHER POINTS OF INTEREST The information below has been provided verbally and has not be clarified as correct, therefore any interested parties should seek independent advice or clarification.
• The vendor has informed us that they were issued a certificate of lawful use by the council back in 2002, it should be registered with the council as permanent flats as they have had each flat assessed at the time for the council tax rates, prior to this they were paying business rates. They are making further enquiries soon regarding documentation from the council.
• The property is set up as 5 self-contained flats
Ground Floor – 1 Bed flat achieving £90PW (Occupied December 2019) / 1 Bed flat achieving £100PW (Occupied December 2019)
First Floor – 2 Bed Flat achieving £100PW (Occupied December 2019)
Second Floor – 1 Bed bedsit achieving £70PW (Vacant) / 1 Bed flat achieving £90PW (Possible 2 Bed) (Occupied December 2019)
• Each flat has own council tax bands – all A
• Ground floor and first floor is gas central heated and has a centralised boiler for all flats, so they normally add on a nominal fee to the rent for the gas
• Second floor is electric heating
• Each tenant pays their own electric rates
• Water is on a shared meter
• Flat has a basement which requires work and could be converted into a 1 or 2 bed flat
AUCTIONEER'S COMMENTS This property is for sale by the Modern Method of Auction which is not to be confused with Traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3.5% subject to a minimum of £5,000 plus VAT which secures the transaction and takes the property off the market. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed Reserve Price which is generally no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by Stephen Tew powered by iam-sold Ltd.
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Key Info
- End Terrace House Set as 5 SC Flats
- Entrance Vestibule, Hallway
- Two 1 Bedroom Self Contained Flats
- Three 2 Bedroom Self Contained Flats
- Basement with potential to convert to another Flat
- GCH, uPVC Double Glazing throughout
- Off-Road Parking
- Enclosed Rear Garden
- By Sale of Modern Method Auction, T&C's Apply
- Fantastic Investment Opportunity