8 bedroom flat for sale

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8 bedroom flat for sale

High Street, Marske-By-The-Sea, Redcar, North Yorkshire TS11
£650,000

Our Summary

  • Development Opportunity, this ready to go, turn-key block of 4 self-contained 2 bed apartments attracting a range of different tenants from contractors, AirB&B as well as private lets

Description

This is a unique development opportunity featuring four self-contained 2-bedroom apartments that are already generating a significant income from holiday lets and private rentals. The apartments have attracted a diverse range of tenants, including contractors and Airbnb guests, and are expected to continue to yield a strong return on investment. With rental incomes ranging from 8.4% to 14.4% per year, this property presents a rare chance to maximize on its potential and increase its value. The owners are open to discussing further details, so interested investors are encouraged to contact one of their property experts to learn more.
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