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6 bedroom block of apartments for sale
Lansdowne Road, Bridlington
£190,000
Lansdowne Road, Bridlington
£190,000
Price History
Initial price | £200,000 |
01/10/24 | £190,000 |
Price Change | -5.00% |
Description
This mid-terrace property in Bridlington's central location offers a brilliant investment opportunity, featuring three self-contained apartments and two bed-sits spread over three floors. The property has a versatile living arrangement, with a bed-sit on the ground floor, a two-bedroom apartment, and two further apartments on the first and top floors. While it requires some modernization, the property provides a blank canvas for investors to put their own stamp on it. With tenants already in situ, it guarantees immediate returns on investment, offering a 10.8% current rental yield with potential to increase to 14.10% subject to rent reviews and light upgrade works. Its central location, just a short walk from the town centre, north beach, and local amenities, makes it an attractive opportunity for savvy investors.