Six-flat investment building

Substantial three-storey plus basement property which has been converted to create 6-7 flats. The property requires refurbishment throughout, however once refurbished and fully let has the potential to produce an income in the region of £32,400 per annum. Internally the building briefly comprises: Ground Floor featuring an entrance hall, front bedroom (flat 3), rear bedroom (flat 4), communal kitchen, and communal shower room. First Floor featuring a front bedroom with kitchenette and en-suite (flat 5), and a rear bedroom with kitchenette and en-suite (flat 6). Second Floor featuring a two-bedroom flat (flat 7) comprising two bedrooms, shower room with W.C., and kitchen. Basement (accessed from front) featuring a two-bedroom flat (flats 1 and 2) comprising an entrance, front bedroom with en-suite, rear bedroom, W.C., and kitchen. The property is fitted with gas-fired central heating and double glazing. Externally there is a forecourt garden to the front and a yard to the rear. We understand that the basement flat is currently occupied with the tenant believed to be paying £115 per week. Tenure is long leasehold with title number LA612519, and a lease term of 999 years from 1 January 1900. Council Tax Band A. Local Authority is Wyre Borough Council. Current Energy Efficiency Rating is C.