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Marlborough Terrace, Bridlington, East Yorkshire, YO15

PROPERTY TYPE

Apartment

BEDROOMS

1

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Sea views
  • Prime town location
  • One bedroom
  • Tenant in situ
  • £450 PCM income
  • Leasehold flat
  • Excellent investment
  • For Sale via Auction

Description

A superb investment opportunity in the heart of Bridlington. This one-bedroom leasehold ground floor flat is just moments from the beach, harbour, arcades and town centre. Currently let at £450 PCM and offered for sale with the tenant in situ.

Situated in the heart of Bridlington's bustling seafront, this ground floor one-bedroom leasehold flat presents an excellent investment opportunity and is offered for sale with the tenant in situ, providing an immediate rental income of **£450 per calendar month**.

The property occupies a prime central location just a short stroll from the beach, harbour and promenade. Bridlington's popular fairground, traditional arcades, cafés, restaurants, bars and shopping facilities are all within easy walking distance, making this an ideal location for those looking to enjoy everything this vibrant seaside town has to offer.

The flat offers comfortable accommodation in a highly sought-after position, appealing to tenants who value convenience, coastal living and excellent access to local amenities and transport links. With an established tenancy already in place, this is a straightforward purchase for investors seeking a ready-made buy-to-let property with immediate income from day one.

Properties in such a central seafront location are always in demand, making this an excellent opportunity to add a well-located coastal investment to your portfolio.

We are advised the property is on a 999 year lease which commenced 6 years ago. £350pa Service Charge.


Auctioneers Comments:

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.

This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.

Brochures

Particulars
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
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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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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Marlborough Terrace, Bridlington, East Yorkshire, YO15

Approximate location

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Affordability

Monthly repayments£161
Property: £ 32,000
Deposit: £ 3,200
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.
Renovation potential
Recently sold & under offer
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About Harris-Shields Collection, Bridlington

14 Promenade, Bridlington, YO15 2PX

Over 65 years ago Arthur Harris spotted a gap in the property market. It was an opportunity to do things differently. With this we were born.

He built the business of innovation, trust and local knowledge. Some things have changed over the years. We still retain these values to ensure we achieve the best for our clients.

We know Arthur would approve.

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Disclaimer - Property reference BRI220128. 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 Harris-Shields Collection, Bridlington. 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Harris-Shields Collection, Bridlington on 01262 410737.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

*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.