Offers over
£650,000
(£862/sq. ft)
8 bed property for saleHigh Street, Marske-By-The-Sea TS11
8 beds
5 baths
4 receptions
754 sq. ft
- Freehold
Progression Property
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About this property
Offers invited between £650,000 and £700,000 - therefore £162,500 - £175,000 per apartment
Superior quality property specifications which will prove desirable, thus increasing likelihood of re-letting in the future
4 well sized 2 bedroom Apartments - interior designs vary
Fantastic Location for Short-term Holiday lets
EPC ratings; Flat 1 - 'C' 75/75, Flat 2 - 'C' 78/78, Flat 3 - 'C' 77/77. Flat 4 - 'C' 80/80
A lucrative investment proposition set within this popular seaside town of marske, with instant returns for any incoming investor due to leases that are already in place.
A combined income of £9,617 gross per calendar month over the 4 apartments.
A 12 month collective gross income £115,400 per annum.
Currently being let as short-term holiday lets.
The apartments come fully furnished with modern fixtures and fittings throughout so are A ready made investment with no upfront expenditure required.
The apartments offer 2 bedrooms with A lounge area & modern kitchen. The apartment on the uppermost floor has 2 bathrooms, whilst the lower floor apartments have 1.
There is parking to the rear of the development.
The site is ideally located for access to marske sea front, redcar, &the wilton industrial sites and middlesbrough amongst other, so ticks the box for both holiday makers and contractors / workers.
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