5 bedroom block of apartments for sale

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5 bedroom block of apartments for sale

Lytham St Annes
£275,000

Our Summary

  • ****FANTASTIC INVESTMENT OPPORTUNITY
  • 64% YIELD) - READY FOR TAKING OVER WITH HAPPY & SETTLED SINGLE OCCUPANTS WITH NO REPAIRS OR WORK REQUIRED - CLOSE TO THE SEA FRONT, LOCAL SHOPS AND A SHORT DISTANCE FROM ST ANNES TOWN CENTRE, BARS, RESTAURANTS AND TRANSPORT LINKS - FLAT TWO BENEFITS FROM IT'S OWN PRIVATE ENTRANCE - OFF ROAD PARKING SPACES AT THE FRONT AND REAR - GARAGE TO THE REAR - COMMUNAL PATIO AREA******** Being sold via Secure Sale online bidding
  • *IMMEDIATE 'EXCHANGE OF CONTRACTS' AVAILABLE - BEING SOLD VIA 'SECURE SALE*FANTASTIC INVESTMENT OPPORTUNITY*5 ONE BEDROOM APARTMENTS SET OVER THREE FLOORS WHICH ARE FULLY TENANTED - ACHIEVING A GREAT

Description

This is a fantastic investment opportunity, offering a block of five one-bedroom apartments set over three floors, fully tenanted and generating a rental income of £31,320 per annum, equivalent to an 8.64% yield. The properties are ready to take over with happy and settled single occupants, requiring no repairs or work. The apartments are located close to the seafront, local shops, and St Annes town centre, with its bars, restaurants, and transport links. The property features a private entrance for flat two, off-road parking spaces at the front and rear, a garage at the rear, and a communal patio area. The property is being sold via secure online bidding, with a starting bid of £275,000, and is legally prepared to enable a quick and secure purchase.