A rare opportunity to acquire two adjoining blocks of 8 lettings units that are conveniently situated towards Bridlington town centre. They are all currently let and generate a gross income of approximately ?31,720 when fully let and will be sold subject to the Assured shorthold Tenancy (AST) agreements in place.LocationThe properties are located on Clarence Road in Bridlington town centre and is within close proximity to the main town centre amenities.14 Clarence RoadBlock of 4 letting units that comprise one studio and three one bedroom flatsRental IncomeFlat 1 Studio ?75pw ?3,900 paFlat 2 1 Bed ?80 pw ?4,160 paFlat 3 1 Bed ?75 pw ?3,900 paFlat 4 1 Bed ?80 pw ?4,160 pa ?16,120 pax16 Clarence RoadA block of four letting units that comprise two studio units and two one bedroom flats.Rental incomeFlat 1 Studio ?75pw ?3,900 paFlat 2 Studio ?70 pw ?3,640 paFlat 3 1 Bed ?75 pw ?3,900 paFlat 4 1 Bed ?80 pw ?4,160 pa ?15,600 paxTenureFreehold To be sold subject to the Assured Shorthold Tenancies that are in place.ViewingStrictly via appointment with sole agents, Colin Ellis Property Services on 01723 363565To view all our current listings please visit www.colinellis.co.uk
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is 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.
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