>
8 bedroom house of multiple occupation for sale
Springfield Road, Blackpool, Lancashire, FY1
£550,000
Springfield Road, Blackpool, Lancashire, FY1
£550,000
Price History
Initial price | £900,000 |
19/09/24 | £680,000 |
27/09/24 | £600,000 |
04/10/24 | £595,000 |
11/10/24 | £590,000 |
17/10/24 | £585,000 |
25/10/24 | £575,000 |
31/10/24 | £570,000 |
07/11/24 | £565,000 |
14/11/24 | £560,000 |
20/11/24 | £555,000 |
27/11/24 | £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 House of Multiple Occupancy (HMO). The property is located within walking distance of various amenities and offers the potential for fantastic rental returns. Each flat features spacious bedrooms, a shared kitchen, and bathroom, and is currently generating an annual gross income of £30,000, which could be increased to £54,000 with long-term tenants. The property presents a rewarding investment opportunity for investors looking to add to their portfolio, with a purchase price that could provide a worthwhile return.