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House For Sale £200,000
West Road, Loftus TS13


Description
This is an investment opportunity to purchase a freehold block of 5 apartments and a commercial unit in Saltburn-on-the-Sea.

Block information:

- The block is made up of 6 units comprising:
**4 x self-contained 1-bed apartments
**1 x self-contained studio apartment
**1 x commercial unit
- EPC ratings D & E

Rental information:

Once fully tenanted the following rents are expected to be achieved:

- Flat 1 - £250 pcm
- Flat 2 - £250 pcm
- Flat 3 - £295 pcm
- Flat 4 - £250 pcm
- Flat 5 - £250 pcm
- Commercial unit - £433.33 pcm
- Total monthly rental income: £1,728.33
- Total annual rental income: £20,740
- Total gross yield: 10.4%

Location information:

- The property is located in the Loftus are of Saltburn-by-the-Sea
- Saltburn city centre is 5 miles from the property
- Local amenities can be easily reached on foot

Note:

Please note that Vesta has not visited this property and that the vendor has provided all material.

Follow the link for more information: 
        
zoopla.co.uk
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