£130,000
Quay Road, Bridlington
- 2 beds
£130,000
- 2 beds
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Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
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Nestled in a prime location, this property boasts a commercial unit on the ground floor, currently housing a thriving hairdressing salon. With a dedicated tenant in place until November 2024, you're guaranteed immediate returns on your investment. The salon is well-appointed with essential amenities including a kitchen and WC, ensuring both functionality and convenience.
Ascend to the upper floors and discover a charming two-bedroom maisonette, presenting an ideal living space or additional rental income stream. A spacious entrance hall greets you, leading into a generously sized living area adorned with a feature fireplace, perfect for cosy evenings. The ample space allows for a designated dining area, ideal for entertaining guests or enjoying family meals.
The heart of the home lies in the expansive kitchen, equipped with integrated gas hob and oven, ample cupboard space, and generous worktops, making meal preparation a breeze. Ascend further to find two spacious double bedrooms, providing comfortable living quarters for tenants or potential homeowners alike. A modern bathroom featuring a walk-in shower completes this inviting space.
Currently occupied by tenants, both the commercial unit and the maisonette contribute to an impressive gross rental yield of 9.25%, with a potential of a gross yield of 11.56%, ensuring a steady stream of income for savvy investors.
With its strategic location, versatile layout, and existing rental income, this property represents a golden opportunity to add value to your investment portfolio. Don't miss out on the chance to secure your financial future – seize this opportunity today!
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