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Zetland Road, Loftus

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

1

SIZE

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TENURE
Describes 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

  • A 2 BED APARTMENT SUITABLE FOR LUXURY HOME LIVING, CONTRACTOR ACCOMMODATION OR HOLIDAY LETS
  • YIELDS OF 17%-20% GROSS BASED ON PREVIOUS PERFORMANCES (UNDER THE CURRENT OWNER (AVERAGE OF £400 PER WEEK)
  • A GUARANTEED YIELD OF 8.6% IF THE CORPORATE LEASE OFFERED BY THE CURRENT VENDOR IS TAKEN
  • A RANGE OF DESIGNS AND LAYOUTS - HOWEVER ONE THING IS GUARANTEED AND THAT IS THE QUALITY OF FINISH
  • THERE ARE SEVERAL SERVICED ACCOMMODATION OR HOLIDAY LET AGENTS WHO COVER THIS AREA SO HELP IS ON HAND NIF YOU ARE A REMOTE INVESTOR
  • ALLOCATED AND SECURE PARKING TO THE REAR
  • PERFECT LOCATION FOR COMMUTING TO NEIGHBOURING TOWNS OR INDUSTRIAL PLANTS, LOCAL COASTAL ATTRACTIONS OR FURTHER AFIELD

Description

A WONDERFUL MODERN HOME, OR A READY MADE INVESTMENT COURTESY OF THIS BEAUTIFUL MODERN APARTMENT WHICH IS IDEALLY SUITED TO THE CONTRACTOR OR HOLIDAY LET MARKET. THIS HAS A STRONG HISTORY OF BEING LET & IS UNLIKELY TO REQUIRE ANY LARGE SCALE MAINTENANCE OR UPGRADING DUE TO THEIR MODERN NATURE. THE CURRENT OWNER IS OFFERING TO TAKE BACK THE APARTMENT ON A 5 YEAR CORPORATE LEASE AT A RENT OF £200 PER WEEK SHOULD AN INCOMING PURCHASER PREFER. THIS WOULD UNDERPIN A £10,400 ANNUAL GROSS INCOME. HOWEVER THE OPTION TO TAKE ON THE APARTMENT PERSONALLY AND ADVERTISE TO SECURE BOOKINGS WOULD MAXIMISE RETURNS EVEN FURTHER WHERE A POTENTIAL £400-500 PER WEEK PER APARTMENT IS ACHIEVABLE (BASED ON PREVIOUS PERFORMANCE). THE APARTMENT COMES WITH A PRIVATE CAR PARK TO THE REAR, WHICH IS ADVANTAGIOUS IN SECURING BOOKINGS OR ADDS CONVENIENCE FOR ANY LIVE IN OWNER. THE PROPERTIES WILL COME FULLY FURNISHED, AND READY TO BE LET!

Location - Positioned centrally within Loftus, on Zetland Road, the apartment enjoys a prime location within close proximity (5 miles) of the much appreciated seaside town of Saltburn by the Sea and the even more popular seaside town of Whitby (14 miles). Residents can enjoy the benefits of coastal living while still benefiting from an abundance of local shops and nearby amenities. in Loftus itself or venture further afield to enjoy the touristy hustle and bustle of these two neighbouring towns. Middlesbrough is 18 miles away, and the industrial hotbed of Wilton and surrounding industrial plants are within a mere 11 miles so therefore the location is suitable for contractors which is a market the current Vendor has benefitted from significantly.

Apartment Specifications - The building is an end of row three storey terraced building. All the flats are all of a similar size and layout albeit with some minor deviations. The style and high quality of fixtures and fittings however is template across all 6, with immaculate presentation as standard. The apartments can come fully furnished or totally emptied depending on the needs of the buyer. The quality of furnishings is equally as high however so for any incoming buyer the ability to buy a 'ready to go' set up cannot be overlooked. The apartments have modern fitted Kitchens with some integrated appliances including oven, hobs, extractor canopy's, and fridge freezers. The flats also come with televisions in the reception room areas. The Bathrooms are modern and offer white suites. Each apartment comes with an allocated parking space in a secure car-park situated off street.

Brochures

ZETLAND ROAD, LOFTUSBrochure

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

Zetland Road, Loftus

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Saltburn Station4.0 miles
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About the agent

Progression Property, Middlesbrough

329 Linthorpe Road, Linthorpe, Middlesbrough, TS5 6AA

Progression Property, Middlesbrough

It is clear what property owners want when they decide to put their property ?up for sale?. A prompt sale, for ?the best price?, and they want it to be as relaxed and stress free an experience as possible. We understand this and strive to deliver exactly that.

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Disclaimer - Property reference 33053398. 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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