>
Block of flats
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 an attractive investment opportunity for those seeking steady rental returns. The properties are currently generating an annual gross income of £26,400, with the potential to increase to £34,800 with market-rate rents. The 2-bedroom and 3-bedroom apartments are currently occupied by tenants, and the commercial units include a storage unit and a charity-operated space. With a purchase price that offers a worthwhile addition to an investor's portfolio, this property presents a rewarding investment opportunity for those looking to diversify their portfolio.