Summary - 51 LOCKING ROAD WESTON-SUPER-MARE BS23 3DG
4 bed 1 bath Block of Apartments
**Standout Features:**
- Freehold three-floor end-of-terrace property
- Comprises 6 self-contained one-bedroom flats
- Two flats currently vacant, two let, and two sold
- Rental income potential: £10,079.96 p.a.
- Forecourt parking available
- Garden space with potential for development
- Proximity to local amenities and transportation, including the sea front and railway station
**Summary:**
This unique freehold, three-story Victorian terrace in Weston-Super-Mare presents an excellent investment opportunity. Arranged as six self-contained one-bedroom flats, the property currently generates a modest rental income, with two of the flats letting while two remain vacant, providing immediate options to increase revenue. The asset is located within a vibrant yet transitional neighborhood, just a stone's throw from essential amenities and transportation links, making it appealing for both long-term renters and holidaymakers.
The property includes off-street forecourt parking and a garden area, offering potential for both outdoor use and further development. While the crime rate in the area is high, the affordable council tax and the fast broadband access present practical benefits for potential tenants. This property is being sold at auction with a guide price of £215,000, opening the door for first-time buyers or investors keen to capitalize on the local market's growth and rental demand. Bidding starts on April 10, 2025—don’t miss your chance to secure this versatile investment opportunity!
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