DETACHED PROPERTYY - BLOCK OF 4 FLATS, ALL CURRENTLY TENANTED - PLUS REAR WORKSHOP. NORTH SIDE OF BRIDLINGTON, CLOSE TO THE TOWN CENTRE AND AMENITIES.
This substantial detached property briefly comprises ; 4 Self Contained Letting Units, all currently let on Assured Shorthold Tenancies, consisting of 3 x One Bedroom Flats and 1 x Two Bedroom Flat. Flats 1, 1A and 3 current rent is £346.07 per calendar month. Flat 2 current rent is £411.67 per calendar month.
Externally there is a Car Drive, leading to a substantial, 2 Storey Joiners' Workshop, with 3 Phase Electric and a Toilet, which could possibly be developed, subject to planning permission approval.
The property is located on the northern side of Bridlington close to the Town Centre and beautiful North Beach with the Leisure World Complex, Shops, Restaurants and Cafes in the very near vicinity.
AN EXCELLENT INVESTMENT OPPORTUNITY CURRENTLY YIELDING £17,160 PER ANNUM
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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