North Street, Brdilington

Property Details: - Type: Block of apartments - Bedrooms: 10 - Bathrooms: 10

Agent: Nicholas Belt - Bridlington Phone: 01262 353994

Welcome to North Street in Bridlington, this impressive block of flats presents a remarkable investment opportunity.<br/><br/><b>Building:</b> - Welcome to North Street in Bridlington, this impressive block of flats presents a remarkable investment opportunity. <br/>Comprising ten well-appointed one-bedroom flats, all currently tenanted, this property is ideal for those seeking a reliable income stream. <br/>Each flat is equipped with separate utilities, electric heating, and UPVC double-glazed windows, ensuring comfort and efficiency throughout the year.<br/>One of the standout features of this property is its attractive yield, boasting an annual income exceeding £44,000. This makes it an enticing prospect for investors looking to expand their portfolio <br/>Situated in the town centre, which allows residents to enjoy the coastal lifestyle. Close to amenities, shops, and restaurants just a stone's throw away, as well as the picturesque harbour and the south beach.<br/>Whether you are an experienced investor or looking to enter the property market, this opportunity is not to be missed.<br/><br/><b>Rents:</b> - Fully let - £47,040 per annum.<br/>At the point of going to market, the vendor has let us know that all apartments are occupied.<br/><br/><b>Purchase Procedure</b> - 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.<br/><br/><b>General Notes:</b> - 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.<br/><br/>