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Block of flats
Victoria Road, Mablethorpe LN12
£240,000
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 portfolio of four properties in Mablethorpe, consisting of two apartment flats and two commercial units, offers a rewarding investment opportunity for buyers. The properties currently generate a steady annual gross income of £26,400, with the potential to increase this to £34,800 by increasing the rent to market rate. The portfolio is currently fully let, providing a stable income stream for the new owner. With a purchase price that offers a worthwhile return on investment, this property portfolio is an attractive addition to any investor's portfolio.