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5 bedroom block of apartments for sale
Grasmere Road, Blackpool
£128,000
Grasmere Road, Blackpool
£128,000
Our Summary
- TO BE SOLD BY ONLINE AUCTION ON 26TH MARCH 2025 UNLESS SOLD PRIOR UNDER AUCTION TERMS
- With a strong rental yield and a proven track record of consistent income, this property represents a superb investment opportunity for those seeking long-term returns
- TO BE SOLD BY ONLINE AUCTION
Description
This tenanted property on Grasmere Road in Blackpool has been converted into five self-contained one-bedroom studio flats, generating an impressive annual rental income of £20,000. The flats are individually metered and let on periodic Assured Shorthold Tenancies, with each flat having been professionally managed and well-maintained by a reputable letting agency for the past 12 years. The property offers a strong rental yield and a proven track record of consistent income, making it an ideal opportunity for buy-to-let landlords or investors looking for a high-yield, hassle-free addition to their portfolio. With its prime location, excellent access to local amenities, transport links, and popular attractions, this property is highly desirable for tenants, ensuring strong rental demand and consistent occupancy.