The property is a multi-unit development in a coastal village/town of Skinningrove, with potential gross yields of 21%. There is a corporate lease in place for all properties at a fixed figure of £6,800 per month, providing a guaranteed annual return of £81,600. However, this lease could be removed, allowing the new owner to benefit from the full income and market the properties themselves. Based on full occupancy, the gross return would be in the region of £335,000 per annum, although it is likely that there will be some voids during 12 months of marketing. The property includes three 2-bed apartments, five 1-bed apartments, one 3-bedroom townhouse, and two 4-bedroom townhouses with gardens and garages.