19 Albion Terrace YO15 2PJ Block of apartments for sale

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19 Albion Terrace YO15 2PJ Block of apartments for sale

19 Albion Terrace YO15 2PJ
£410,000

Price History

Initial price £495,000
20/06/25 £410,000
Price Change -17.17%

Description

This is a unique opportunity to acquire a substantial, refurbished Georgian-style property in Bridlington, East Riding of Yorkshire, with stunning sea and beach views. The property consists of five apartments, each with its own modern kitchen, bathroom, and bedroom, and is situated next to Bridlington Sea Front, close to top attractions like Sewerby Hall and Gardens. The property has undergone major refurbishment, including a new roof, electrics, and internal insulation, and is currently let on ASTs with an annual income of £30,000. The freehold premises also offer potential for holiday lets, with Cottages.com estimating a potential gross income of £82,500 per annum. The property is held in a company, Talisman Estates Trading Ltd, and is open to being sold by purchasing the shares of the company, which may be a simpler and more tax-efficient option.