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8 bedroom house of multiple occupation for sale
Springfield, Blackpool FY1
£550,000
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.