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3 bed house
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Our Summary
- Recently Refurbished Lower Flats With Potential Growth Of Income
- All three units are on lease agreements providing good regular incomes with potential for growth or development as Air BnB style service accommodation
- Morecambe promenade is currently under review for the potential construction of the Eden Project North which we believe will significantly enhance the popularity of the area and boost the local economy
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Description
The property is a three-storey building that offers three flats for rent, providing a strong total income of £22,800 per year. The building has one two-bedroom flat on each of the first and second floors, and a one-bedroom flat and separate basement on the ground floor, rented for £625 PCM, £525 PCM, and £750 PCM respectively. The units are on lease agreements, making for good, regular rentals with potential for rental growth or redevelopment as Airbnb-style accommodation.
It is located on the Promenade, close to the town centre, with good access to amenities and transport links, and is within a short distance of the proposed Eden Project site.