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Block Of Apartments

Blackburn, United Kingdom

83%

£6.000.000

Residential investment

#35202

Core+

10 Dec 2024

Property Details

Broker

For sale

Gross area

74

11.20 %

74

Freehold

X

Fees

1.00 %

1.00 %

0.50 %

1.00 %

0.50 %

Investment Overview

We are excited to present a unique investment opportunity: a block of 74 well-appointed apartments located in a prime area of Blackburn. Ranging from one-bedroom to three-bedroom layouts, this property is ideal for investors seeking to capitalise on the thriving rental market. Each apartment boasts contemporary finishes and thoughtful layouts, ensuring an inviting and comfortable living environment. Modern kitchens, stylish bathrooms, and spacious living areas enhance the overall appeal of each unit. Blackburn’s rental market is robust, with high demand for quality rental properties. This block of apartments presents an excellent opportunity for generating a rental income of £40,275pcm. The area is experiencing positive development and regeneration, making it an attractive prospect for long-term capital appreciation. Situated within walking distance of Blackburn town centre, residents enjoy easy access to a variety of shops, restaurants, and entertainment options. The property is well-connected, with excellent transport links including bus routes and train services, making commuting to nearby cities and towns convenient. This block of 74 apartments in Blackburn represents an outstanding investment opportunity with a mix of 1 to 3-bedroom units that appeal to a broad range of tenants. With its modern design, strong rental demand, and strategic location, this property is positioned for success in the competitive rental market.