8 bedroom house of multiple occupation for sale

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8 bedroom house of multiple occupation for sale

Springfield Road, Blackpool, Lancashire, FY1
£555,000

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
Price Change -38.33%

Description

This two-story property in Springfield, Blackpool consists of four flats, each with two bedrooms, and is currently operated as a House of Multiple Occupancy (HMO). The property is located in a desirable area with various amenities within walking distance, making it an attractive investment opportunity. Each flat features spacious bedrooms, a shared kitchen, and bathroom, and is currently generating an annual gross income of £30,000. With the potential to increase this to £54,000 with long-term tenants, this property presents a worthwhile addition to an investor's portfolio. The property's investment potential is detailed in the Let Property Pack, and interested parties are encouraged to contact the agent to learn more.