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Victoria Road, Mablethorpe LN12 5 bed block of apartments for sale
Victoria Road, Mablethorpe LN12
£244,000
Victoria Road, Mablethorpe LN12
£244,000
Our Summary
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
Description
This portfolio of two apartment flats and two commercial units in Mablethorpe is generating steady rental returns for the current landlord, producing an annual gross income of £26,400. The properties have long-term tenants in place, and the new owner could increase the income to a market rate of £34,800. The portfolio offers a worthwhile investment opportunity, with the potential for a strong return on investment. The properties consist of a 2-bedroom and 3-bedroom apartment flat, as well as a storage unit and a charity-operated space. With a steady income stream and opportunities for growth, this portfolio is an attractive option for investors looking to add to their property portfolio.