Summary - 25A, CHAPEL STREET FY1 5AW
20 bed 10 bath Block of Apartments
**Key Features:**
- Ten self-contained two-bedroom flats
- Seven currently tenanted
- Close proximity to Blackpool Town Centre
- Block of apartments with good rental potential
- Freehold tenure, built between 1930-1949
- Includes dedicated garage parking
- Fast broadband and excellent mobile signal
**Overview:**
Explore this exceptional investment opportunity featuring ten self-contained two-bedroom flats, conveniently located near Blackpool Town Centre. The property currently generates rental income from seven occupied units, showcasing promising potential for future growth. With detailed financial figures available upon request, savvy investors will appreciate the transparency regarding returns.
The building, designed in a mid-20th Century style, presents a renovation canvas that offers further value-add potential. Although the condition reflects some dated aspects, including grey carpeting and low ceilings, the existing tenants provide immediate cash flow. Be aware that the area has a very high crime rate and features a classification of "constrained neighbourhoods," which may impact long-term desirability.
This freehold property is ideal for hands-on investors seeking to maximize yield, especially within a market that is increasingly in demand. Don't miss the chance to secure this profitable asset—viewings and offers must be made via auction as per the Seller's agreement. Act quickly to capitalize on this unique opportunity!
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