11 bedroom block of apartments for sale

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11 bedroom block of apartments for sale

Blackpool portfolio (Hesketh Avenue, General Street and Lytham Road)
£395,000

Our Summary

  • This well performing portfolio delivers instant income with potential to increase yields further through rent reviews or conversion to short-term lets, especially during peak tourist seasons

Description

This fantastic investment opportunity presents a ready-made residential portfolio of three tenanted apartment blocks in Blackpool, generating over £50,000 per year in rental income. The portfolio consists of 10 self-contained units, with the first block featuring three flats in a quiet North Shore location, the second block offering three spacious units in a central location near the seafront, and the third block providing four modernized apartments on a busy road with strong footfall. With a gross yield of 13.32% and a net yield of 11.72%, this portfolio delivers instant income with potential to increase yields further through rent reviews or conversion to short-term lets. Blackpool remains a popular coastal town with year-round demand, major regeneration projects, and growing investor interest, making this portfolio an excellent value and long-term growth opportunity.