Property photos
£725,000
(£725,000.00/sq. ft)
Hotel for sale
Zetland Road, Saltburn-By-The-Sea TS131 sq. ft
Local area information
Property location
Nearby amenities
- Handale Primary School 0.2 miles
- Hummersea Primary School 0.3 miles
- Saltburn 4 miles
- Marske 5.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Tenanted Investment
- 8.6 % Yield
- Recently Refurbished
- Neatly Decorated
- Central Location
29 Zetland Rd, Loftus, Saltburn-by-the-Sea TS13 4PW
The property which is comprised of 6 nicely decorated apartments which are all occupied on a lease by one tenant.
The current tenant of the property will sign a new 5 year lease with a break clause at year 3.
Rented at £5,200 Per Month - £62,400 Per Annum
The property offers a 8.6% yield and a fantastic opportunity for investors.
The property also includes a 14 space car park at the rear of the property for tenants - this is held on a separate title.
The tenant operates the property as holiday lets which is a lucrative way this property can be operated, there is scope for a potential buyer to do this themselves subject to a higher asking price being paid.
For Sale: £725,000
The property which is comprised of 6 nicely decorated apartments which are all occupied on a lease by one tenant.
The current tenant of the property will sign a new 5 year lease with a break clause at year 3.
Rented at £5,200 Per Month - £62,400 Per Annum
The property offers a 8.6% yield and a fantastic opportunity for investors.
The property also includes a 14 space car park at the rear of the property for tenants - this is held on a separate title.
The tenant operates the property as holiday lets which is a lucrative way this property can be operated, there is scope for a potential buyer to do this themselves subject to a higher asking price being paid.
For Sale: £725,000
More information
Listed by
Parker Barras
View agent properties.png){kind=logo}
Property descriptions and related information displayed on this page are marketing materials provided by - Parker Barras. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Parker Barras for full details and further information.