Fort Terrace, Bridlington Guide price £260,000

We are delighted to bring to the market this block of 5 self contained one bedroom flats within close proximity to Bridlingtons Foreshore beach and sea front amenities. The building is in good condition and has the benefit of UPVC double glazed windows. It is being sold as an investment block with the benefit of the existing tenants and a current rental income of £20,280 per annum.

The building
Five storey mid terrace building that is set out with a one bedroom self contained flat on each floor. It is located within close proximity to the beach and main town centre with potential to convert the flats into holiday lets, should the opportunity arise in the future.

Lower Ground floor
Entrance into the lounge with inner hall, bedroom, kitchen leading onto the bathroom / WC

Ground Floor
Flat 1

First Floor
Flat 2

Second Floor
Flat 3

Forth Floor
Flat 4

Tenure
Freehold - to be sold subject to the Assured Shorthold Tenancies (AST's) that are in place.

Income
Lower Ground Floor Flat - £4,160 per annum
Flat 1 - £3,900 Per annum
Flat 2 - £4,160 per annum
Flat 3 - £3,900 per annum
Flat 4 - £5,200 per annum

Total income = £20,280 per annum

Viewing
Strictly via sole agents Colin Ellis Property Services on 01723 363565

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