10 bedroom block of apartments for sale

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10 bedroom block of apartments for sale

3 Palatine Road, Blackpool, Blackpool, FY1 4BT
£180,000

Price History

Initial price £225,000
22/11/24 £180,000
Price Change -20.00%

Description

This 8-bedroom property has been partially converted into 8 apartments, offering a scope and opportunity for a variety of uses, including serviced short-term accommodation or supported living. The property is still on one freehold title with vacant possession, allowing for a multitude of options. Each apartment has its own unique features, including kitchens, bathrooms, and furniture. The building is equipped with six cameras and Wi-Fi hotspots. According to estimates from Sykes Cottages, the apartments could generate a combined annual income of £101,000 if used as holiday lets. The property is situated close to Blackpool's new central leisure development and has easy access to the town centre and seafront promenade. The property is being sold by unconditional online auction on November 28, 2024, with a buyer's premium of 5% + VAT.