Clarence Road, Bridlington Guide price £310,000

A rare opportunity to acquire two adjoining blocks of 8 lettings units that are conveniently situated towards Bridlington town centre. They are all currently let and generate a gross income of approximately £31,720 when fully let and will be sold subject to the Assured shorthold Tenancy (AST) agreements in place.

Location
The properties are located on Clarence Road in Bridlington town centre and is within close proximity to the main town centre amenities.

14 Clarence Road
Block of 4 letting units that comprise one studio and three one bedroom flats

Rental Income
Flat 1 – Studio £75pw £3,900 pa
Flat 2 – 1 Bed £80 pw £4,160 pa
Flat 3 – 1 Bed £75 pw £3,900 pa
Flat 4 – 1 Bed £80 pw £4,160 pa
£16,120 pax

16 Clarence Road
A block of four letting units that comprise two studio units and two one bedroom flats.

Rental income
Flat 1 – Studio £75pw £3,900 pa
Flat 2 – Studio £70 pw £3,640 pa
Flat 3 – 1 Bed £75 pw £3,900 pa
Flat 4 – 1 Bed £80 pw £4,160 pa
£15,600 pax

Tenure
Freehold

To be sold subject to the Assured Shorthold Tenancies that are in place.

Viewing
Strictly via appointment with sole agents, Colin Ellis Property Services on 01723 363565

To view all our current listings please visit www.colinellis.co.uk