2 Bedroom Flat

11 Marine Parade, Saltburn-By-The-Sea , TS12 1DP


2 Bedrooms

Call Us: 01661 831 360

This two-bedroom basement apartment boasts sea and country views including the coastline and cliff tops of
Saltburn and is situated in a six storey grade II listed building in this Victorian spa town. Currently tenanted on an assured shorthold tenancy basis and the apartment is offered for sale with tenants in situ. Flats 1 & 6 are owned by the same vendor, and we have been advised that both apartments can now be holiday lets and this would bring in an income with new leases for these properties as permitted Holiday Lets, based on figures provided by a local operator and the projected annual gross revenue is between £30k-£35k.

Two Double Bedroom Basement Apartment
Shared Communal Rear Yard & Private Front Garden Area
Super Location Overlooking the Bay
Close to Saltburn’s Thriving Town Centre Including Bars & Restaurants
Situated in a Grade II Listed Building
Currently Tenanted on An Assured Shorthold Tenancy at £750pcm on a month by month basis
Recently Renewed Lease Agreement
Holiday Lets Permitted

Property details provided by Michael Poole
EPC rating: D
Council Band: B
Title: Leasehold. The lease agreement commenced in August 2023 on a 999 year term. The apartment also solely owns the front garden area, and this is detailed in the new title plan.

For Sale By Auction www.agentspropertyauction.com LIVE ONLINE AUCTION TAKING BIDS NOW OPTION 2

6.67m x 5.27m (21’11” x 17’3″)

5.2m x 2m (17’1″ x 6’7″)

2.56m x 1.8m (8’5″ x 5’11”)

5.04m x 3.62m (16’6″ x 11’11”)

3.62m x 2.2m (11’11” x 7’3″)

3.57m x 1.65m (11’9″ x 5’5″)
Fitted with a three-piece suite with glazed shower screen and shower over the bath.

The front elevation has access to a private garden area with steps leading up to the main street. The rear elevation features a large communal yard with gated access to the
alley and this is shared between six other apartments within Kingsley House.

Disclaimer 1
The Agents Property Auction have not inspected this property. The property details have been supplied by MP. None of the services have been tested. Measurements, where given, are approximate and for descriptive purposes only. Boundaries cannot be guaranteed and must be checked by solicitors prior to exchanging contracts. The details are provided in good faith, are set out as a general guide only and do not constitute any part of a contract. No member of staff has any authority to make or give representation or warranty in relation to this property.
For sale by auction see www.agentspropertyauction.com

Disclaimer 2
Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000+vat (total £2400) Auction Administration Fee. At your request we can refer you to a North East based Solicitor from our panel. It is your decision whether you choose to deal with them, should you decide to use them you should know that we would receive a referral fee of £120 including Vat from them for the recommendation.

Disclaimer 3
A copy of the title is available upon request, we recommend all potential buyers take legal advice, satisfy their requirements on all matters and have finance in place prior to purchase.

Details awaiting vendors approval.

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