Wellington Road, Bridlington 5 bed block of apartments for sale

>

Wellington Road, Bridlington 5 bed block of apartments for sale

Wellington Road, Bridlington
£175,000

Our Summary

  • An investment opportunity to acquire a large house converted into 4 self contained flats, on street parking, large garden to the rear and garage

Description

This is a unique investment opportunity to acquire a large house converted into four self-contained flats, located in a central position approximately 200 meters from the town center and harbor. The property offers on-street parking, a large garden to the rear, and a garage. The first floor is currently undergoing renovation, with one flat having a new bathroom and insulation, and the other requiring general tidying and redecorating. Two of the flats are currently tenanted, with the remaining two vacant. The property has the potential to generate a rental income of £1440 per month when fully occupied, with 6-month ASTs in place and no outstanding arrears. The ground floor flat is tenanted, while the first and second floor flats are vacant. With its central location and potential for renovation, this property presents a great opportunity for investors looking to generate a steady income.