1 bed Flat For Sale £220,000
Tennyson Avenue, Bridlington

A spacious end terraced property that has been converted into 8 letting apartments.

A spacious semi detached property that has been converted into 8 letting apartments. The property is in need of upgrading and one apartment in need of full conversion.
Situated on the north side of the bay within approx quarter mile of north beach and sea front, close to the Promenade and access to town centre.
Fully let the property is returning £28,471 pa Plus further income if the eighth unit is completed..

Ground Floor: - Access to the side of the main property leads to a large rear extension that has been converted into 3-self contained apartments with a fourth unit still to be developed.

The 3 apartments completed comprises:
Lounge,
Kitchen
One bedroom
Bathroom

Flat 1 currently let at £385 PCM
Flat 2 being renovated
Flat 3 currently let at £360 PCM
Flat 4 currently let at £360 PCM

First Floor: - Door into a communal entrance hall to a staircase leading to:

Flat 5: - A self contained apartment comprising:
Lounge/kitchen
One Bedroom with en-suite
Currently let at £347.62 PCM

Flat 6: - A self contained bedsitter comprising:
Lounge/bedroom/kitchen
Bathroom
Currently let at £280.00 PCM

Second Floor: - Landing to:

Flat 7: - A self contained apartment of:
Lounge/kitchen
One bedroom
Bathroom
Small front roof balcony off lounge
Currently let at £380 PCM

Flat 8: - A self contained studio apartment of:
Lounge/kitchen/bedroom
Bathroom
Currently let at £260 PCM

Exterior: - Enclosed frontage. Rear yard area with refuse store etc.

Notes: - We are informed by the vendor that 7 flats are let on assured shorthold tenancies.
Current income is £28,471.44 fully let with 1 flat still to develop.
The property is in need of upgrading.
The property is offered for sale subject the the existing assured shorthold tenancies.

Purchase Procedure - On acceptance of any offer in order to comply with current Money Laundering Regulations we will need to see both I.D and proof of funds before we can progress with the sale and send the memorandum of sale.

Notes: - All measurements are approximate and are not intended for carpet dimensions etc. Nicholas Belt (Estate Agency) Ltd have not tested any gas or electrical heating systems, individual heaters, appliances, showers, glazed units, alarms etc. Therefore purchasers should satisfy themselves that any such item is in working order by means of a survey, inspection etc before entering into any legal commitment. PURCHASE PROCEDURE: If after viewing the above property you wish to purchase please contact our office where the staff will be pleased to answer any queries and record your interest. This should be done before contacting any Building Society, Bank, Solicitor or Surveyor. Any delay may result in the property being sold to another interested party and valuation fees and legal expenses are then incurred unnecessarily.