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8 bed property, in Knowle Avenue, £240,000
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8 bed flat

Knowle Avenue, Blackpool FY2
£240,000
AuctionFreehold

The property is a substantial freehold block of six apartments and two garages, extending to almost 3,000 sq. Ft. in the coastal suburb of Bispham. The block comprises a mix of studio, one-bedroom, and three-bedroom apartments, with all six apartments and both garages fully let. The property generates approximately £33,400 per annum from rentals, offering an impressive 15% gross yield based on the starting price. The rental accommodation includes a three-bedroom ground floor apartment, four one-bedroom apartments, and a studio apartment, all producing varying levels of rent.