Summary - Flat 1, 53, Wellington Road, BRIDLINGTON YO15 2AX
5 bed 4 bath Block of Apartments
**Standout Features:**
- Block of 4 self-contained flats with dual rental potential
- Large garden and garage
- Recently reduced price for quick sale: £180,000
- Freehold tenure with low council tax
- Central location just 200 meters from town center and harbor
- Existing tenants in 2 out of 4 flats
**Property Condition:**
- Requires renovation; insulation and new bathroom work needed in one flat
- One recently vacated flat needs modernization
- Crime rates in the area are high, and the local neighborhood is identified as deprived
This unique investment opportunity features a Victorian end-of-terrace home, thoughtfully converted into four self-contained flats, offering a competitive price point at £180,000 for investors looking for rental potential. With a large garden and a garage, this property stands out in its central Bridlington location, just steps from shops, cafes, and pubs. Currently, two flats are occupied, generating rental income, while two are vacant and ready for renovation, allowing for value-adding improvements.
The accommodation offers flexibility, as you can modernize the vacant flats to capture higher rental yields. Despite requiring some updates, the existing high ceilings, spacious rooms, and period charm provide a captivating canvas for future enhancement. Future owners should be aware of the high local crime rates and area deprivation but will appreciate the affordable council tax and fast broadband speeds, ideal for tenant appeal. Act now — opportunities like this, especially in such a prime spot, don't stay on the market long!
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