Zetland Road, TS13
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Residential development for sale
- USE CLASSUse class orders: C2 Residential Institutions and C3 Dwelling Houses
C2, C3
Key features
- Tenanted Investment
- 8.6 % Yield
- Recently Refurbished
- Neatly Decorated
- Central Location
Description
The property which is comprised of 6 nicely decorated apartments which are all occupied on a lease by one tenant.
The current tenant of the property will sign a new 5 year lease with a break clause at year 3.
Rented at £5,200 Per Month - £62,400 Per Annum
The property offers a 8.6% yield and a fantastic opportunity for investors.
The property also includes a 14 space car park at the rear of the property for tenants - this is held on a separate title.
The tenant operates the property as holiday lets which is a lucrative way this property can be operated, there is scope for a potential buyer to do this themselves subject to a higher asking price being paid.
For Sale: £725,000
Zetland Road, TS13
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Saltburn Station4.0 miles
Notes
Disclaimer - Property reference 207719008. 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 Parker Barras, Teesside. 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.
Map data ©OpenStreetMap contributors.