Block of 8 Flats 16 bed block of apartments for sale

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Block of 8 Flats 16 bed block of apartments for sale

Block of 8 Flats
£600,000

Our Summary

  • INVESTMENT OPPORTUNITY- TWO BLOCKS OF FLATS (EIGHT UNITS TOTAL)

Description

This is a rare investment opportunity to acquire two freehold properties, each comprising four self-contained two-bedroom flats, located in the heart of Morecambe, just a short walk from the popular promenade. The properties offer a total of eight flats, all currently tenanted with an assured rental income of approximately £60,000 per annum. Each flat has a private entrance, uPVC double glazing, gas central heating, carpet throughout, fitted kitchen, and a three-piece bathroom suite. The area is poised for significant growth with the highly anticipated Eden Project Morecambe, making this a particularly attractive long-term investment. With its proximity to local amenities, schools, and transport links, this property is an excellent opportunity for investors looking to expand or start a portfolio.