**Standout Features:**
- Block of 5 self-contained flats
- Potential rental income of approx. £27,500 pa when fully let
- Excellent location near St Annes Square and the beach
- Average size with total space of 1,610 sq ft
- Needs modernization to enhance value
**Notable Concerns:**
- Requires renovation, which may involve significant investment
- High crime rate in the area
- Leasehold tenure
This semi-detached block of apartments presents a lucrative investment opportunity for those looking to capitalize in a vibrant locale. Located just a short stroll from St Annes Square and the beach, these five self-contained flats offer significant rental potential, with an estimated income of £27,500 per year when fully occupied.
While renovations are needed to modernize the interiors, this gives you the chance to increase both rental yields and property values, making it an exciting project for investors or motivated first-time buyers. The average-sized units, combined with a charming garden space, have room for creative enhancements. Early viewing is highly recommended—properties like this do not stay on the market for long! Just be advised of the area’s elevated crime rates, which should be considered when planning your investment.
The property is surrounded by essential amenities and schools, aiding its attractiveness for future tenants and families. Capitalize on the chance to turn this investment into a profitable venture or a charming living space with the right vision and effort.