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Primrose Terrace, Saltburn By The Sea

Description

Garages & Large Yard, Saltburn-by-the-Sea, North Yorkshire



Description of Property

A secure, spacious yard featuring ten garages and multiple parking bays, all currently let under short-term agreements. Offers immediate rental income with flexible uses—parking, storage, or redevelopment potential.

Location of Property

Positioned off Marske Road in Saltburn, easily accessible and close to local amenities and transport links.

Property Specifics

10 individual garages (all let)
Large open yard area
Multiple parking spaces
Secure gated access
Visual Marketing Features

Drone footage and aerial images
Site layout and garage photos
Map of location
General Information

Rare opportunity to acquire a flexible, income-generating asset with scope for future development.

Development/Value-Add Potential

Potential to redevelop (e.g. 5 x 70sqm commercial units, subject to planning) or increase yield with improvements.

Legal & Financial Information

Tenure: Freehold
Viewing: By appointment only
Portfolio Purchase Option

Can be bought as a single lot or as part of the full Saltburn portfolio (discounts and enhanced yield for portfolio purchasers).

Viewing Arrangements

To arrange a viewing, contact Magnum Properties on (Option 1 for sales).

Brochures

Primrose Terrace, Saltburn By The Sea
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.
Exempt
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.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Primrose Terrace, Saltburn By The Sea

Approximate location

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Affordability

Monthly repayments£978
Property: £ 195,000
Deposit: £ 19,500
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Extension potential
Recently sold & under offer
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About Magnum Properties Ltd, Middlesbrough

144 Linthorpe Road, Middlesbrough, TS1 3RA
Industry affiliations:Industry affiliation logo 0

Residential | Commercial | Investment | Management

Magnum have called Teesside home for nearly 40 years and if there is one thing we are sure about, it is the buying and selling of residential and commercial property. Using our extensive knowledge and experience in both property markets, our Agency will handle your investment as if it was our own.

* FREE VALUATIONS * FREE 3D VIRTUAL TOUR * NO HIDDEN FEES * PROPERTY MANAGEMENT * RESIDENTIAL & COMMERCIAL PROPERTIES * BUSINESS SALES * and much more...

Trust Magnum Properties to buy, sell or rent your residential or commercial property - We are your local, experienced Middlesbrough-based estate agents in Teesside.

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Disclaimer - Property reference 34693216. 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 Magnum Properties Ltd, 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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