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Block of apartments for sale
Marine Road West, Morecambe, LA3
£325,000
Marine Road West, Morecambe, LA3
£325,000
Our Summary
- To be sold via online auction - powered by The Auction Group
- With each unit already delivering a solid return, the potential for further growth with the up and coming opening of the Eden project in 2028 is an enticing prospect for those seeking to maximise their investment returns
- Beyond its financial appeal, this property offers a rare chance to own a piece of real estate that combines both immediate returns and long-term potential
- To be sold via Online Auction, via unconditional terms, completion strictly within 28 days
- Auction Ends- TBC
- Buyers premium - Please note that there is a buyers premium that applies to this lot ( £including VAT ) payable by the buyer within 2 hours of winning the auction
- Searches - searches have been ordered and will be made available for download from The Auction Groups website prior to bidding taking place
Description
This freehold block of flats is being sold via online auction and presents an exceptional investment opportunity. The property comprises five individual units, which are already generating a solid rental income, offering a steady flow of returns for investors. With the upcoming opening of the Eden project in 2028, the potential for further growth and increased rental yields is promising. Situated in a sought-after area with easy access to amenities and transport links, the property enjoys high demand from tenants seeking quality accommodation. The auction will be conducted on unconditional terms, with completion expected within 28 days, and the starting price is £325,000, with a reserve price that is higher and unpublished.