7 Bedroom House  For Sale £445,000

Prime location - this prestigious property on the sea front offers a unique investment opportunity

Main building = 4 well maintained self contained apartments (2 x two bedroom & 2 x one bedroom)

1 self contained bungalow/apartment with own courtyard & parking space

Combination of gas central heating & electric heating + double glazing

Large driveway/ample parking space to provide room for at least one space per apartment

Established gardens provide outside space for each apartment

Positioned a few steps from the beach & a short walk from Seacroft golf course

Gibraltar Point nature reserve and the town centre are within comfortable walking distance

A 'ready to go' investment with all apartments currently let and no upward chain to worry about

Viewings available - by appointment only - please allow at least 48 hours notice

Freehold

A large, superbly positioned versatile property, full of character and history, on the sea front, offering an excellent investment opportunity. It consists of a main building containing FOUR apartments (Two, 2 bedroom & two 1 bedroom) PLUS a separate adjacent DETACHED BUNGALOW/apartment with its own courtyard. Each apartment is independent and has its own heating & services and all are double glazed and have been upgraded and improved in recent years and would be considered well maintained throughout – meeting current regulations. Outside there is a wide expanse of parking offering a space for each apartment as well as established gardens providing dedicated areas for each. All apartments are currently occupied on assured shorthold tenancies making this an exceptional investment, with the potential/added options for holiday lets/AirBnB (subject to relevant planning). The location is ideal - a few steps from the sea front & beach as well as Seacroft golf course & Gibraltar Point nature reserve a cycle ride away. The town centre, shops, amenities and amusements are only around 20 mins walk away. The current gross yield equates to approx 7%.

Main Building Consists of:-  

 
  
THE LILACS Ground Floor Flat  

 
  
Kitchen 5.00m x 2.82m (16'5" x 9'3")  
Bathroom 2.90m x 1.63m (9'6" x 5'4")  
Lounge 5.18m x 4.27m (17' x 14')  
Inner Hall   
Bedroom One 3.78m x 2.39m (12'5" x 7'10")  
Bedroom Two 2.59m x 2.26m (8'6" x 7'5")  
WESTVIEW Ground Floor Flat (with front steps)  

 
  
Hallway   
Shower Room 1.83m x 1.57m (6' x 5'2")  
Inner Hall   
Kitchen 2.92m x 2.87m (9'7" x 9'5")  
Lounge 5.31m x 4.32m (17'5" x 14'2")  
Bedroom 5.03m x 2.92m (16'6" x 9'7")  
THE PENTHOUSE First Floor Flat  

 
  
Entrance Lobby With stairs to half landing and in turn the main landing/hallway  

 
  
Landing/Hallway   
Cloakroom   
Lounge 5.71m x 4.04m (18'9" x 13'3")  
Kitchen 4.01m x 2.97m (13'2" x 9'9")  
Bedroom One 3.96m x 3.66m (13' x 12')  
En-Suite Shower Room   
Bedroom Two 3.53m x 2.79m (11'7" x 9'2")  
THE FIRS Ground Floor Flat (rear of building)  

 
  
Lounge/Kitchen 5.87m x 3.40m (19'3" x 11'2")  
Bedroom 4.22m x 2.59m (13'10" x 8'6")  
En-Suite Shower Room   
WESTVIEW LODGE Detached bungalow  

 
  
Lounge 4.80m x 3.00m (15'9" x 9'10")  
Kitchen 3.84m x 1.55m (12'7" x 5'1")  
Bedroom 3.15m x 2.69m (10'4" x 8'10")  
En-Suite Shower Room   
Outside The property is approached over an expansive gravelled driveway providing ample parking for a number of vehicles (at least one space per flat), with hedging and shrub borders to either side and a small lawned garden. Access leads along the side of the property to provide a further driveway or path leading to additional courtyard areas - currently divided up to provide each flat with its own dedicated garden area.  

 
  

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IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.

Fees

Refundable Holding depositCapped at 1 weeks rent
Security DepositCapped at 5 weeks rent for annual rental under £50,000, or 6 weeks rent for annual rental over £50,000
RentThe agreed monthly rent
Changes to tenancyCapped at £50 inc VAT
Early termination chargeNot exceeding the landlord’s financial losses
Late payment of rentInterest of 3% above BoE base rate for each day the rent is late, once it is 14 days overdue
Replacement keysReasonable costs or give the tenant the option to purchase themselves
Utilities, council tax, communication services, TV Licence etcTenants own responsibility unless otherwise stated in contract
Client Money Protection Scheme Membership detailsThe law requires your membership details
Property Redress Scheme Membership detailsThe law requires your membership details