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Victoria Road, Mablethorpe LN12 5 bed block of apartments for sale
Victoria Road, Mablethorpe LN12
£230,000
Victoria Road, Mablethorpe LN12
£230,000
Price History
| Initial price | £275,000 |
| 28/12/24 | £265,000 |
| 03/01/25 | £260,000 |
| 11/01/25 | £255,000 |
| 17/01/25 | £250,000 |
| 01/02/25 | £245,000 |
| 01/03/25 | £241,000 |
| 14/03/25 | £237,000 |
| 21/03/25 | £233,000 |
| 27/03/25 | £258,000 |
| 04/04/25 | £253,000 |
| 11/04/25 | £248,000 |
| 18/04/25 | £244,000 |
| 10/07/25 | £245,000 |
| 01/08/25 | £240,000 |
| 11/11/25 | £230,000 |
| Price Change | -16.36% |
Description
This property portfolio in Mablethorpe consists of two apartment flats, one with two bedrooms and one with three, as well as two commercial units, including a storage unit and a charity-operated space. The properties are currently generating a steady annual gross income of £26,400, which has the potential to increase to £34,800 with the new owner negotiating a market rate with the existing tenants. With a purchase price to be determined, this could be a valuable addition to an investor's portfolio, offering a worthwhile return on investment.