£230,000
Property for saleFlamborough Road, Bridlington, East Riding Of Yorkshire YO15
4 baths
2 receptions
EPC Rating: E
Just added
About this property
2 Shops.
Maisonette.
3 Bedrooms.
All units tenanted.
Prime Location.
Great investment opportuniy, detached building comprising 2 retail premises plus a 3 bedroom maisonette - all currently tenanted / leased located on the north side of Bridlington.
This property has undergone a range of refurbishment by the current freeholder, consists of a mid-terrace three story building which has been converted to create 2 shops and a fantastic maisonette flat. Occupying a prime position on a well-used road and opposite a Tesco Express store, the location is key to servicing a local community.
All units are currently tenanted and would be subject to existing leases with tenants in situ.
Store 1 - 3 Year lease which commenced on 16/7/23 and is currently paying £5,400 per annum (£450 per month).
Store 2 - 3 Year lease which commence on 1/10/23 and is currently paying £5,400 per annum (£450 per month)
3 Bed Flat - 6 month Assured Short Hold Tenancy which commended on 12/12/23 and is currently paying £900 per Calander month.
The Maisonette flat is split across 3 levels - there is an entrance hallway with storage on the lower level, upstairs there is a breakfast kitchen fully fitted out with all you would expect, a large living room which also offers an area which could be utilised as a dining area or perhaps office space, the first bedroom is also on this level along with a WC, on the second floor there are 2 double bedrooms and a full bathroom.
Current rateable value no. 45 £3,200, current rateable value no. 47 £1,700.
To discuss or arrange a viewing get in touch with Harris Shields Collection Bridlington.
This property has undergone a range of refurbishment by the current freeholder, consists of a mid-terrace three story building which has been converted to create 2 shops and a fantastic maisonette flat. Occupying a prime position on a well-used road and opposite a Tesco Express store, the location is key to servicing a local community.
All units are currently tenanted and would be subject to existing leases with tenants in situ.
Store 1 - 3 Year lease which commenced on 16/7/23 and is currently paying £5,400 per annum (£450 per month).
Store 2 - 3 Year lease which commence on 1/10/23 and is currently paying £5,400 per annum (£450 per month)
3 Bed Flat - 6 month Assured Short Hold Tenancy which commended on 12/12/23 and is currently paying £900 per Calander month.
The Maisonette flat is split across 3 levels - there is an entrance hallway with storage on the lower level, upstairs there is a breakfast kitchen fully fitted out with all you would expect, a large living room which also offers an area which could be utilised as a dining area or perhaps office space, the first bedroom is also on this level along with a WC, on the second floor there are 2 double bedrooms and a full bathroom.
Current rateable value no. 45 £3,200, current rateable value no. 47 £1,700.
To discuss or arrange a viewing get in touch with Harris Shields Collection Bridlington.
Mortgage calculator
Monthly repayment
£1,150 per month
Whole of market comparison
70+ lenders and 10,000+ products
How much could I borrow
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}