Grasmere Road, Blackpool 5 bed block of apartments for sale

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Grasmere Road, Blackpool 5 bed block of apartments for sale

Grasmere Road, Blackpool
£128,000

Price History

Initial price £130,000
22/03/25 £125,000
26/03/25 £128,000
Price Change -1.54%

Description

This tenanted property on Grasmere Road in Blackpool is being sold through online auction and offers a lucrative investment opportunity for buy-to-let landlords or investors. The property has been converted into five self-contained one-bedroom studio flats, generating an impressive annual rental income of £20,000. Each flat is let on a periodic Assured Shorthold Tenancy and has been professionally managed and well-maintained by a reputable letting agency for the past 12 years. The property is located in a prime area, with excellent access to local amenities, transport links, and popular attractions, ensuring strong rental demand and consistent occupancy. With a strong rental yield and a proven track record of consistent income, this property represents a superb investment opportunity for those seeking long-term returns.