Northumberland Street, Morecambe
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
9
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Description
Recently upgraded by the owner meaning all apartments have contemporary shower rooms and kitchens it is 'ready to go'. If you are looking for somewhere to put your money with a healthy return, why not consider this?..
The Building.. - A triple bay fronted, Victorian property providing vast accommodation split into eight apartments. Seven one bedroom and one two bedroom duplex. Each flat has contemporary fitted kitchens, a spacious and nicely appointed shower room and tasteful decor throughout. Externally there is parking provided for the block to the rear.
The Location - Situated on Northumberland Street, a street rich with high end trades such as solicitor offices and a short walk off Morecambe Promenade and the imperious sunsets that provides. A wealth of local amenities are nearby including shops, cafes, restaurants, the Midland Hotel and even amusement arcades and bingo.
The Situation - The current owner did a relatively recent overhaul on the building and it is now a fully occupied investment vehicle. All eight apartments are occupied with fully vetted tenants and the return is circa £47,000 gross per annum showing an 8% plus return.
Services - The property is serviced with electric (all apartments have electric heating), mains water and drainage. The apartments have all been given their own meters.
Tenure - The current owner is selling the whole building as a freehold, ongoing concern.
Council Tax - n/a
Viewings - Strictly by appointment with Houseclub Estate Agents.
Energy Performance Certificate - A commercial EPC has been issued with a C rating - ask our office for a copy if required.
Brochures
Northumberland Street, MorecambeBrochure- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Northumberland Street, Morecambe
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Visit our security centre to find out moreDisclaimer - Property reference 33743459. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Houseclub, Lancaster. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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