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5 bedroom block of apartments for sale
Moneyclose Lane, Heysham, Morecambe
£425,000
Moneyclose Lane, Heysham, Morecambe
£425,000
Our Summary
- Investment opportunity generating £48,000 per annum with over 2800 square feet of accommodation
Description
This property is a unique investment opportunity, comprising three high-quality, self-contained apartments with a total floor area of over 2,800 square feet. The apartments, each with private parking, private access, and individual garden areas, generate an annual income of £48,000, providing a healthy 11% return for an investor. The property is located in a popular area near Heysham Port, with easy access to shops, food outlets, and public transport. The apartments feature modern amenities, including gas and electric central heating, mains electric, water, and drainage. The property is freehold, with a council tax band of A for the ground floor apartment and small business rates relief for the upper apartments. Viewings are strictly by appointment, and the vendor is open to selling items of furniture with the property.