8 bedroom house of multiple occupation for sale

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8 bedroom house of multiple occupation for sale

Springfield, Blackpool FY1
£550,000

Price History

Initial price £900,000
19/09/24 £680,000
30/09/24 £600,000
07/10/24 £595,000
11/10/24 £590,000
17/10/24 £585,000
26/10/24 £575,000
31/10/24 £570,000
06/11/24 £565,000
13/11/24 £560,000
20/11/24 £555,000
26/11/24 £550,000
Price Change -38.89%

Description

This two-story property in Springfield, Blackpool consists of four flats, each with two bedrooms, and is currently being used as a HMO. The property is located within walking distance of various amenities and has the potential to generate significant rental returns. Each flat features spacious bedrooms, a shared kitchen, and bathroom, and the property currently produces an annual gross income of £30,000, which could be increased to £54,000 with the right management. With a purchase price that offers a worthwhile return on investment, this property presents a brilliant opportunity for investors looking to add to their portfolio.