£190,000
Lansdowne Road, Bridlington
- 6 beds
£190,000
- 6 beds
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Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
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This mid-terrace property in Bridlington's central location presents an excellent investment opportunity, offering a wealth of potential for savvy investors. Spread over three floors, this property includes three self-contained apartments and two bed-sits, providing a versatile living arrangement ideal for rental income.
Upon entering, you’ll find a bed-sit on the ground floor, perfectly sized for a double bed, a living area, and a kitchen. Adjacent to this, there is a well-appointed two-bedroom apartment. The master bedroom features a bay window, while the living area and kitchen are situated towards the back of the property, leading to a bathroom with a three-piece suite.
Ascending to the first floor, there is another bed-sit with a bay window, filling the space with natural light. Additionally, this floor houses a one-bedroom apartment with an open-plan lounge and kitchen, a comfortable double bedroom, and a convenient shower room. A communal bathroom and separate W/C add further functionality to this level.
On the top floor, you’ll find a generously sized one-bedroom apartment. The lounge offers ample space for relaxation, while the kitchen is equipped to accommodate essential appliances. The double bedroom provides a peaceful retreat, complemented by a bathroom featuring a bath with a shower overhead.
While the property does require some modernization, it offers the perfect canvas for you to put your own stamp on it. Located just a short walk from Bridlington's town centre, the north beach, local shops, restaurants, and the leisure centre, this property combines potential with an central location.
This property has a 10.8% current rental yield with a potential rental yield of 14.10% subject to rent reviews and light upgrade works.
With tenants in situ, this property guarantees immediate returns on your investment. Don’t miss out on this fantastic opportunity—schedule a viewing today!
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