Block of flats for sale in Princess Street, Bridlington YO15

Guide price £230,000
Interested in this property? Call +44 1482 763171 * or Request Details

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Block of flats for sale - 5 bedrooms

5 5 5

Tenure:
Freehold
Council tax band:
A

Property features

  • Reservation Fee Applicable
  • T&c's Apply
  • Don't miss out – schedule a viewing to seize this lucrative investment opportunity.
  • Contact our office for detailed information on planning permission and expansion plans.
  • Perfect opportunity for hassle-free income stream with potential for value enhancement.
  • Turnkey investment: All flats fully occupied, ensuring immediate returns.
  • Planning permission previously granted for additional flat, adding value to the property.
  • Ground floor includes a substantial store room with potential for expansion to add a 6th flat.
  • Each flat is one-bedroom, providing comfortable living spaces for tenants.
  • Lucrative investment opportunity: 5 fully let flats generating £21,960 in rent.

Property description



***Guide Price £230,000 - £240,000 plus Reservation Fee***

Introducing a lucrative investment opportunity comprising five fully let flats, generating an impressive rental income of approximately £21,960. This property presents a seamless turnkey investment, with each flat currently occupied, ensuring immediate returns.

The building features five one-bedroom flats, each providing comfortable living spaces for tenants. Additionally, there's a substantial store room on the ground floor, offering versatile usage options. Notably, this space has previously received planning permission for the addition of a sixth flat, further enhancing the property's value and income potential.

For further details regarding the planning permission and potential expansion, please contact our office.

This investment opportunity is perfect for investors seeking a hassle-free income stream with the added benefit of potential value enhancement. Don't miss out on the chance to secure this turnkey investment – schedule a viewing today and unlock the full potential of this property.

Disclaimer

Upon acceptance of an offer, the Buyer is required to pay a non-refundable Reservation Fee of 2% to a minimum of £2500 plus VAT. The Reservation Fee is paid on top of the purchase price & deemed a part of the chargeable consideration when calculating Stamp Duty for the property.

The property has a Ready Sale Pack, which gives additional information regarding the property. It is the Buyer’s responsibility to request & examine the Ready Sale Pack before committing to purchase the property. We advise you also carry out your own due diligence prior to making an offer.

The Buyer is required to verify their id & show proof of funds.

rezee offer additional services, such as conveyancing, financial advice, surveying & other services associated with selling & buying a property. rezee may receive a referral fee for these third party services.

We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.

Have you heard of the new rezee way of selling your property? We offer a free service to sellers with fixed 60 day completion timelines. Call to find out more info.

Floorplan(s): Floorplan 1

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by rezee, and do not constitute property particulars. Please contact rezee for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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