BTL

4 Apartments block

Hornsea

£249,500Fixed price

An opportunity to acquire a residential investment property which consists of a three storey townhouse which is divided into four self-contained flats which are all currently let on Assured Shorthold Tenancy Agreements with a rental income of £16,620 per annum. The flats have been updated in recent years and have a zoned fire alarm system, electrical certification undertaken in January 2022 & gas safety certificates.

Super investment opportunity!

Location - This property fronts onto Cliff Road between Eastgate and Hartley Street.

Hornsea is a small East Yorkshire coastal town which has a resident population of a little over 8,000. The town offers a good range of local amenities including a range of shops, bistros and restaurants, schooling for all ages and a host of recreational facilities including sailing and fishing on Hornsea Mere, as well as the beach and seaside amenities, a leisure centre refurbished in 2020 and an 18 hole golf course. The town is also well known for the Hornsea Freeport, a large out of town retail shopping village and leisure park. The town lies within 18 miles drive of the city of Hull, 13 miles of the market town of Beverley and about 25 miles from the M62.

Accommodation - The accommodation has been recently updated with the installation of modern kitchens, integrated oven and split level hobs with independent gas central heating via hot water radiators to each flat. The accommodation is arranged over three floors as follows:

Ground Floor - Open porch and inner porch leading to:

Entrance Hall - With a staircase leading off and separate entrance doors leading into:

Flat 4 (Front) - Let on Assured Shorthold Tenancy at £320 per calendar month.

Combined Sitting Room And Kitchen - 4.17m x 5.54m into the bay window (13'8" x 18'2" i - With fitted base and wall units incorporating work surfaces with a stainless steel sink unit, built in oven and split level electric hob and tiled splashbacks. To the sitting area is an open fire set in a tiled hearth and inset and one central heating radiator.

Bedroom - 3.51m x 2.51m (11'6" x 8'3") - With a central heating radiator and rear lobby leading off with a UPVC rear entrance door leading to the rear garden.

Bathroom/W.C. - 1.52m x 3.28m overall (5' x 10'9" overall) - With a panelled bath incorporating mixer taps and hand shower over, pedestal wash hand basin, low level W.C., plumbing for an automatic washing machine, a wall mounted central heating boiler, ceramic tile floor covering, part tiled walls and a ladder style towel radiator.

Flat 1 (Rear) - Let on Assured Shorthold Tenancy at £320 per calendar month.

Bed/Sitting Room - 3.15m x 4.22m (10'4" x 13'10") - With a tiled fireplace, built in cupboards to the side of the chimney breast and one central heating radiator.

Kitchen - 3.51m x 1.98m (11'6" x 6'6") - With fitted base and wall units incorporating work surfaces with an inset stainless steel sink, built in oven and split level electric hob, tiled splashbacks and ceramic tile floor covering.

Rear Hall - With ceramic tile floor covering and a rear entrance door.

Seperate W.C. - With a low level W.C., half height tiling to the walls, a wall mounted central heating boiler and ceramic tile floor covering.

Bathroom - 1.47m x 1.78m (4'10" x 5'10") - With a panelled bath incorporating mixer taps and hand shower over, pedestal wash hand basin, part tiling to the walls, ceramic tile floor covering and a ladder style towel radiator.

First Floor -

Landing Areas - With an external rear fire escape leading off and separate doorways leading to:

Flat 3 - Let on Assured Shorthold Tenancy at £295 per calendar month.

Private Hallway -

Living Room/Kitchen - 3.43m x 3.00m (11'3" x 9'10") - With fitted base and wall units incorporating work surfaces with an inset stainless steel sink, built in oven and split level electric hob, tiled splashbacks and one central heating radiator.

Bedroom - 3.43m x 2.92m (11'3" x 9'7") - With one central heating radiator.

Bathroom/W.C. - With a panelled bath, pedestal wash hand basin, low level W.C., part tiling to the walls and one central heating radiator.

Flat 2 - Let on Assured Shorthold Tenancy at £450 per calendar month.

Hall - With stairs leading off to the second bedroom

Front Sitting Room - 5.49m x 4.45m (18' x 14'7") - With a built in cupboard and one central heating radiator.

Dining Kitchen - 3.51m x narrowing to 1.73m x 4.88m (11'6" x narrow - With fitted base and wall units incorporating work surfaces with an inset stainless steel sink unit, built in oven and split level electric hob, tiled splashbacks and one central heating radiator.

Bathroom/W.C. - With a panelled bath, pedestal wash hand basin, low level W.C. and one central heating radiator.

Second Floor -

Landing - With a built in cupboard and doorways to:

Bedroom 1 (Front) - 5.11m x 3.12m (16'9" x 10'3") - With one central heating radiator.

Bedroom 2 (Rear) - 3.18m x 3.18m (10'5" x 10'5") - With one central heating radiator.

Outside - The property fronts onto a small forecourt garden and to the rear is an enclosed concreted garden area with a rear pedestrian access.

Tenure - The tenure of this property is understood to be freehold (confirmation to be provided by the vendors solicitors) and vacant possession will be given upon completion at a date to be agreed.

Key Features

  • Investment Opportunity
  • Four Self Contained Flats
  • Let on Assured Shorthold Tenancies
  • Current Rental Income of £16,620 Per Annum
  • Zoned Fire Alarm System
  • Electric Certification January 2022
  • Flat 1 Energy Rating: C
  • Flat 2 Energy Rating: D
  • Flat 3 Energy Rating: D
  • Flat 4 Energy Rating: D

 

Flat 1
EPC = C
Flat 2
EPC = D
Flat 3
EPC = D
Flat 4
EPC = D

Marketed by

Quick & Clarke

Call
01964 561062

← back to results

Investment Card