8 bedroom block of apartments for sale

>

8 bedroom block of apartments for sale

Knowle Avenue, Blackpool
£240,000

Our Summary

  • FULL DESCRIPTION For Sale by Online Auction with A Starting Bid of £240,000
  • See WebbMove for all the Auction Details

Description

This rare opportunity presents a substantial block of six apartments with two garages located in a sought-after position in Bispham, near the picturesque Queen's Promenade. The property spans almost 3,000 square feet and is currently let, with five apartments and the two garages generating a total annual income of circa £33,400, representing a gross yield of almost 14% based on the starting price. The property includes a range of apartments, from a large three-bedroom flat to studios, and offers a unique investment opportunity with the potential to increase returns by purchasing a second block of apartments on Northumberland Avenue. With a starting bid of £240,000, this property presents a fantastic chance to secure a high-yielding investment in a desirable location.
Finance This Property