19 bedroom block of apartments for sale

>

19 bedroom block of apartments for sale

94/96/98 Palatine Road , Blackpool, FY1 4BY
£400,000

Our Summary

  • Spanning three buildings this substantial investment opportunity is located close to Blackpool & The Fylde College University Centre

Description

This substantial investment opportunity consists of three interconnected buildings, providing a total of 19 en-suite letting rooms, including 14 in one property and 5 in the other. The properties have excellent communal and recreation spaces, with potential annual income of £75,000 to £80,000, with the landlord responsible for paying bills. The location is close to Blackpool and the Fylde College University Centre and is situated on Palatine Road, with surface water flooding being a risk in the area, although the property has no history of flooding in the last five years. The properties are well-equipped with gas, electric, and water services, and each apartment is let at £390 per month.
Finance This Property