Princess Street, Bridlington, YO15
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
5
- BATHROOMS
5
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key 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.
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.
Energy performance certificate - ask agent
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
Band: A
Princess Street, Bridlington, YO15
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Bridlington Station0.4 miles
- Bempton Station3.1 miles
About the agent
Rezee, Hull
The Bloc (F13), Springfield Way, Anlaby, Hull, HU10 6RJ
In an industry longing for change, we've embarked on a mission to redefine property sales. With a combined directorial experience of over 30 years in the property industry, we've navigated the highs and lows of existing selling systems. From this journey, we've cherry-picked the best features and discarded inefficiencies to introduce an entirely new way of selling your home-say hello to Rezee.
Here at Rezee, we understand the anxieties that co
Industry affiliations
Notes
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Visit our security centre to find out moreDisclaimer - Property reference S884081. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Rezee, Hull. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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