**Standout Features:**
- Investment property with 4 renovated apartments
- Spacious 3-storey Victorian terraced design
- Excellent condition and well-maintained throughout
- Annual rental income of £21,972.43
- Prime location near Blackpool Promenade and local amenities
- Freehold tenure and auction sale
**Potential Concerns:**
- Situated in an area classified as very deprived
- High crime rate in the local vicinity
This impressive investment property in South Shore, Blackpool, presents a unique opportunity for savvy investors looking to generate reliable rental income. Comprising four stylishly renovated apartments within a substantial Victorian three-storey building, this property boasts excellent condition, ensuring it meets modern standards and attracts potential tenants with ease. With an attractive rental return of £21,972.43 per annum and a prime location close to the Promenade, entertainment options, and essential amenities, the potential for steady income is evident.
While the area is classified as very deprived and experiences a high crime rate, the property itself offers a solid foundation for future growth and rental potential. Featuring a total square footage of 1,765 across its four units, this property allows for flexibility, offering the opportunity for further enhancements to increase value. Priced to sell at £160,000 and offered via online auction, swift action is encouraged for those looking to seize this opportunity before it’s gone! With nearby schools receiving good Ofsted ratings, this property is not only ideal for investors but could also serve as a valuable asset for families wishing to settle in a vibrant, cosmopolitan neighborhood.
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