High Street, Marske-By-The-Sea
- PROPERTY TYPE
Apartment
- BEDROOMS
8
- BATHROOMS
8
- SIZE
754 sq ft
70 sq m
- 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
- OFFERS INVITED BETWEEN £600,000 AND £640,000 - THEREFORE £150,000 - £160,000 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
- Scope to increase the rents on the two lower income apartments long term to increase profits further
- EPC RATINGS; Flat 1 - 'C' 75/75, Flat 2 - 'C' 78/78, Flat 3 - 'C' 77/77. Flat 4 - 'C' 80/80
Description
A COMBINED INCOME OF £9,617 GROSS PER CALENDAR MONTH VIA THE FOUR APARTMENTS. TWO OF THE APARTMENTS ARE SUBJECT TO A LONG TERM LEASE AT £2,300 AND £1,250 PER CALENDAR MONTH RESPECTIVELY WHILST THE REMAINING TWO APARTMENTS ARE SUBJECT TO A CORPORATE LEASE AT AN AGREED RENT OF £700 PER WEEK. COLLECTIVELY A 12 MONTH COLLECTIVE GROSS INCOME £115,400 PER ANNUM.
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 TWO BEDROOMS WITH A LOUNGE AREA AND MODERN KITCHEN. THE APPARTMENTS ON THE UPPERMOST FLOOR HAVE TWO BATHROOMS, WHILST THE LOWER FLOOR APARTMENTS HAVE ONE. 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.
Brochures
High Street, Marske-By-The-SeaBrochure- 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.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
High Street, Marske-By-The-Sea
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About Progression Property, Middlesbrough
329 Linthorpe Road, Linthorpe, Middlesbrough, TS5 6AA
Your mortgage
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Visit our security centre to find out moreDisclaimer - Property reference 33062514. 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 Progression Property, Middlesbrough. 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.
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