INVESTMENT OPPORTUNITY Northside Location close to the action and currently tenanted offering a fantastic investment opportunity.
SECOND FLOOR FLAT....SUPERB SEA VIEWS. NORTH SIDE OF BRIDLINGTON. This Second floor self-contained unit commands SUPERB SEA VIEWS towards Flamborough Head from the front facing Living Room / Kitchen. The property is located on the north side sea front, approximately half a mile from the Town Centre, located on the north side of Bridlington, only yards from the North Beach with a cafe / restaurant public house and a small parade of shops close by. Benefitting from Gas Central Heating and UPVc Double Glazing, the property briefly comprises: Communal Entrance Hall; Stairs to the Second Floor leading to a Landing: Open Plan Living Room / Kitchen; rear Bedroom and combined Shower /WC. Outside there is an allocated parking space. The property is being sold subject to the existing tenancy, the current rent (as of January 2025) is £475 PCM> The ground rent currently is £25 per annum - maintenance will be shared between all flat owners (approx £50 per month) Offered on a 199 year lease which commenced in July 2008 - the property also benefits from a share in the Freehold.
Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. 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.
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