Guide price
£32,000
1 bed flat for saleMarlborough Terrace, Bridlington, East Yorkshire YO15
1 bed
1 bath
1 reception
EPC Rating: D
Added on
About this property
Sea views
Prime town location
One bedroom
Tenant in situ
£450 pcm income
Leasehold flat
Excellent investment
For Sale via Auction
A superb investment opportunity in the heart of Bridlington. This one-bedroom leasehold ground floor flat is just moments from the beach, harbour, arcades and town centre. Currently let at £450 pcm and offered for sale with the tenant in situ.
Situated in the heart of Bridlington's bustling seafront, this ground floor one-bedroom leasehold flat presents an excellent investment opportunity and is offered for sale with the tenant in situ, providing an immediate rental income of **£450 per calendar month**.
The property occupies a prime central location just a short stroll from the beach, harbour and promenade. Bridlington's popular fairground, traditional arcades, cafés, restaurants, bars and shopping facilities are all within easy walking distance, making this an ideal location for those looking to enjoy everything this vibrant seaside town has to offer.
The flat offers comfortable accommodation in a highly sought-after position, appealing to tenants who value convenience, coastal living and excellent access to local amenities and transport links. With an established tenancy already in place, this is a straightforward purchase for investors seeking a ready-made buy-to-let property with immediate income from day one.
Properties in such a central seafront location are always in demand, making this an excellent opportunity to add a well-located coastal investment to your portfolio.
We are advised the property is on a 999 year lease which commenced 6 years ago. £350pa Service Charge.
Auctioneers Comments:
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
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Tenure
Leasehold (Ask agent)
Service charge
Council tax band
A
Ground rent
Ground rent date of next review
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