REF: 207719008

For Sale

For Sale: 6 Tenanted Apartments, Loftus, Saltburn-by-the-Sea TS13 4PW

Key Features

  • Tenanted Investment
  • 8.6 % Yield
  • Recently Refurbished
  • Neatly Decorated
  • Central Location


Invest and Develop




29 Zetland Rd, Loftus, Saltburn-by-the-Sea TS13 4PW

The property which is comprised of 6 nicely decorated apartments which are all occupied on a lease by one tenant.

The current tenant of the property will sign a new 5 year lease with a break clause at year 3.

Rented at £5,200 Per Month - £62,400 Per Annum

The property offers a 8.6% yield and a fantastic opportunity for investors.

The property also includes a 14 space car park at the rear of the property for tenants - this is held on a separate title.

The tenant operates the property as holiday lets which is a lucrative way this property can be operated, there is scope for a potential buyer to do this themselves subject to a higher asking price being paid.

For Sale: £725,000