34 Zetland Road 4a Station StreetLoftus Saltburn by the SeaNorth Yorkshire North YorkshireTS13 4PW TS12 1AE

For Sale 

11, 13, 15 & 17, Amber Street, Saltburn 

£1,600,000 A VERY RARE OPPORTUNITY TO PURCHASE A FULLY OCCUPIED RENTAL PORTFOLIO, SITUATED IN THE POPULAR VICTORIAN SEASIDE TOWN OF

SALTBURN-BY-THE-SEA

www.inglebysestateagents.com 01287 623648 enquiries@inglebysestateagents.com

11, 13, 15 & 17, Amber Street, SaltburnA large-scale investment portfolio comprising of 12 deceptively spacious two-bedroom apartments.

4.92% Yield (Based on purchase price of £1.6m). A rare investment opportunity. Annual income of £78,600. Currently fully occupied. Situated in the popular Victorian town of Saltburn by the Sea. Gas central heating & double glazing to all apartments. 8 garages to the rear of the apartments included in the sale, currently rented at £75pcm per

garage. Close to the North Yorkshire Moors. Walking distance to the beach. Close to transport links.

The properties are divided into 4 blocks with each block consisting of 3 two-bedroom apartments spread over 3 floors. All apartments are currently fully occupied with an average monthly rent of £500pcm, generating an annual return of 4.92%.

Also including in the sale are 8 garages to the rear of the apartment blocks which are currently rented at £75pcm per garage.

For more information please contact our office.

TENURE: FREEHOLD

MEASUREMENTS: Please note that all measurements contained in these particulars are for guidance purposes only and should not be relied upon for ordering carpets, furniture, etc. Anyone requiring more accurate measurements may do so by arrangement with our office.

SERVICES: Our description of any appliances and / or services (including any central heating system, alarm systems, etc.) should not be taken as any guarantee that these are in working order. The buyer is therefore advised to obtain verification from their solicitor, surveyor or other qualified person to check the appliances / services before entering into any commitment.

REF NO: SB692A

www.inglebysestateagents.com 01287 623648 enquiries@inglebysestateagents.com