Block of flats

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Block of flats

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.