**Standout Features:**
- Investment property comprising 4 fully-renovated apartments
- Potential rental income of £21,972.43 per annum
- Substantial 3-storey Victorian building with period features
- Off-street parking for 4 vehicles
- Located close to the South Shore promenade and essential amenities
- All apartments currently tenanted
**Notes:**
- Auction sale with a starting bid of £160,000
- High crime rate in the area; consider for long-term investment
- Modern interior finishes with electric heating; no gas present
This impressive investment property in South Shore, Blackpool, provides a fantastic opportunity for investors seeking strong rental returns in a vibrant area. Boasting four newly renovated apartments within a substantial three-storey Victorian building, the current annual income of over £21,972 is a clear testament to its rental potential. With ample off-street parking for four vehicles, this property is within walking distance to the lively promenade, local amenities, and various schools rated good by Ofsted—a significant draw for potential tenants.
The flats have been meticulously maintained, featuring modern open-plan designs and excellent maintenance conditions, although they are situated in an area noted for high crime, which may factor into your investment calculations. Take advantage of this rare auction opportunity with a starting bid of just £160,000—an enticing proposition that’s unlikely to last long in today’s competitive market. Viewing is highly recommended to truly appreciate the property's charm and potential.
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