Victoria Road, Mablethorpe LN12 5 bed block of apartments for sale

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Victoria Road, Mablethorpe LN12 5 bed block of apartments for sale

Victoria Road, Mablethorpe LN12
£240,000

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
Price Change -12.73%

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 currently generate a steady annual gross income of £26,400, which could be increased to £34,800 with long-term tenants already in place. The purchase price offers a worthwhile investment opportunity for those looking to expand their property portfolio, with the potential for a significant return on investment.