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Portfolio of 6 Tenanted Apartments

£495,000
  • Ref: 10802
  • Type: Flat / Apartment
  • Availability: For Sale
  • Bedrooms: 11
  • Tenure: Freehold
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Property Summary


Esplanade is a street situated in the popular coastal town of Whitley Bay, a popular tourist area with a population of over 36,000.
The property itself is a block of 6 apartments, 20-metres walk from the sea front and its beaches. It is also a 5-minute walk along the sea front to the newly regenerated Spanish City and Commercial Area of the town.

Property Features

  • Purchase Price £495,000
  • Currently Tenanted a £30732
  • 6.2% Yield
  • Huge Rental Demand
  • 12% Below Market Value