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Property Listing Details

Property details

  • 2 bedrooms
  • 1 bathroom
  • 1 reception room

Features

  • 4.92% Yield (Based on purchase price of £1.6m).
  • A rare investment opportunity.
  • Annual income of £78,600.
  • Currently fully occupied.
  • Situated in the popular Victorian town of Saltburn by the Sea.
  • Gas central heating & double glazing to all apartments.
  • 8 garages to the rear of the apartments included in the sale, currently rented at £75pcm per garage.
  • Close to the North Yorkshire Moors.
  • Walking distance to the beach.
  • Close to transport links.

Listing view statistics

Last 30 days: 375 page views

Since listed: 648 page views

Description

A large scale investment portfolio comprising of 12 apartments.

The properties are divided into 4 blocks with each block consisting of 3 two-bedroom apartments spread over 3 floors. All apartments are currently fully occupied with an average monthly rent of £500pcm, generating an annual income of £78,600 and an annual return of 4.92%.

Also included in the sale are 8 garages to the rear of the apartment blocks which are currently rented at £75pcm per garage.

For more information, please contact our office.

You could get

Ultrafast broadband Ultrafast broadband

Up to 200 Mbps (Source: Ofcom)

Map & Nearby

Local Amenities

  • Saltburn 0.1 miles
  • Marske 1.9 miles
  • Saltburn Primary School 0.5 miles
  • Huntcliff School 0.5 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Saltburn 0.1 miles
  • Marske 1.9 miles
  • Saltburn Primary School 0.5 miles
  • Huntcliff School 0.5 miles

Market stats

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Sale activity

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In the last 12 months

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Estimated running costs

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Approximate costs
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  • Mortgage £ p/m
  • Energy Not known
  • Home insurance Not known
  • Water Not known
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The Agent

Price history

Sold prices provided by Land Registry
9th Jan 2020 £1,600,000 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by Inglebys Estate Agents. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Inglebys Estate Agents for full details and further information.