This block of apartments, formerly a hotel, represents a significant investment opportunity situated on Kirkley high street. The property is conveniently located near essential amenities such as shops, schools, and bus routes, creating strong rental potential. However, it requires a comprehensive renovation to bring it up to current health and safety standards due to deficiencies identified post-conversion in 2022. This includes extensive structural repairs across all 17 flats, such as electrical rewiring, implementing fire safety measures, reinforcing structural beams to foundations, and restoring balconies among other necessary remedial actions. Potential buyers should note that the property is currently under a prohibition order and cannot be occupied until proper assessments are completed. This offers a unique chance for an investor with the vision for restoration towards compliance and enhanced living conditions.
