**Highlights:**
- **Opportunity to Own Two Flats**: Ground floor vacant one-bedroom flat and first-floor two-bedroom maisonette currently let.
- **Needs Modernisation**: Both require renovations to maximize rental income.
- **Strong Investment Potential**: Projected income of approximately £11,000 annually, yielding around 15% post-renovation.
- **Prime Location**: Close to Fleetwood Town Centre, enhancing demand for rentals.
- **Affordable Starting Bid**: Auction starting at £55,000 makes this an accessible entry point for investors.
Discover a compelling investment opportunity with this pair of spacious, Victorian-style flats in Fleetwood. The ground floor flat, currently vacant, is primed for renovation and could yield up to £500 per month once revitalized, while the first-floor two-bedroom flat generates a steady rental income of £421.20 per month. With full planning consent already in place for the conversions, these apartments present an ideal project for savvy investors looking to expand their portfolio. The projected income of around £11,000 per annum highlights the potential for robust returns, particularly given the attractive auction starting price of just £55,000.
Both flats are conveniently located near Fleetwood Town Centre, ensuring easy access to local amenities and high tenant demand. However, prospective buyers should be prepared for modernization needs, taking into account the necessary renovations to truly unlock the properties' potential. This is more than just a purchase; it’s a stepping stone to a lucrative investment journey. Don’t miss out—viewings are available and with auction date approaching, act fast to secure this unique opportunity!
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