Summary - 23 NORTHUMBERLAND AVENUE BLACKPOOL FY2 9SA
5 bed 5 bath Block of Apartments
**Standout Features:**
- Block of five self-contained, one-bedroom flats
- Current rental income of approximately £25,656 per year
- Freehold property
- Excellent mobile signal and fast broadband speeds
**Notable Concerns:**
- Victorian-style building in need of renovation
- Potential issues with mold and damp
- Dated interiors and high ceilings that require updates
- High crime rate in the local area
This block of five self-contained one-bedroom flats in Northumberland Avenue offers an exciting investment opportunity with a current annual income of around £25,656. Each flat is individually rented, providing a steady cash flow ideal for investors looking to expand their portfolio. Positioned close to the promenade and local amenities, including cafes, bars, and public transport, this property boasts convenience and the potential for strong tenant demand.
While the Victorian-style building presents a charming façade, it does come with some renovation needs—expect some updates to address areas like mold and damp, and improvements to the interiors which are currently dated. With freehold tenure, you have flexibility for future renovations or potential upgrades to increase rental income or enhance tenant retention. The property also benefits from excellent mobile connectivity and fast broadband, catering to modern tenant preferences.
Given the investment potential and the attractive location, this property may not remain on the market for long—consider viewing soon to seize this opportunity!
6 bedroom apartment for sale in Station Road, Blackpool, FY4 — £295,000 • 6 bed • 5 bath • 2651 ft²
Block of apartments for sale in 32 Warbreck Drive, Blackpool, Lancashire FY2 9RZ, FY2 — £110,000 • 1 bed • 1 bath • 3229 ft²
6 bedroom flat for sale in Westmorland Avenue, Blackpool, FY1 — £179,950 • 6 bed • 5 bath • 1082 ft²
5 bedroom block of apartments for sale in Cheltenham Road, Blackpool, FY1 — £119,995 • 5 bed • 5 bath • 1767 ft²
Block of apartments for sale in 8 Cocker Street, Blackpool, FY1 1SF, FY1 — £230,000 • 1 bed • 1 bath
Block of apartments for sale in Palatine Road, Blackpool, FY1 4BY, FY1 — £215,000 • 1 bed • 1 bath
