Lytham Road, Blackpool 5 bed block of apartments for sale

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Lytham Road, Blackpool 5 bed block of apartments for sale

Lytham Road, Blackpool
£150,000

Our Summary

  • TO BE SOLD BY ONLINE AUCTION ON 21ST JANUARY 2025 UNLESS SOLD PRIOR UNDER AUCTION TERMS
  • An excellent turnkey investment opportunity comprising five fully self-contained and tenanted flats, generating a strong annual income of £23,500
  • TO BE SOLD BY ONLINE AUCTION
  • To be sold by online auction

Description

This property, located on Lytham Road in Blackpool, is a fantastic turnkey investment opportunity consisting of five fully self-contained and tenanted flats, generating a strong annual income of £23,500. With a guide price that offers an impressive 15% yield, this property is highly attractive for investors seeking strong returns. Each flat features a fitted kitchen, shower room or en-suite, and lounge area, and all are fully compliant and professionally managed, providing a hassle-free investment with reliable rental income. The property is situated in a convenient and well-connected part of Blackpool, close to shops, transport links, and the seafront, making it a popular choice for tenants and ensuring strong and consistent rental demand.