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For Sale by Modern Auction – T & C’s apply.
Subject to Reserve Price.
Buyers fees apply.
The Modern Method of Auction.
A fantastic opportunity to purchase a terraced property that has been converted into two well-presented, self-contained flats, located on High Street, Marske-by-the-Sea. The village is highly regarded for its coastal setting, strong local amenities and excellent transport links, making this an ideal investment opportunity.
Both flats are finished in modern, neutral tones and benefit from double glazing and gas central heating throughout. Each flat is fitted with a modern kitchen and bathroom, offering low-maintenance accommodation with strong tenant appeal.
The ground floor flat offers well-proportioned living space, while the first floor flat, featuring an attractive bay window, provides bright and spacious accommodation. Both flats are currently let, each achieving a rental income of £450 per calendar month, providing a combined income of £900pcm from day one.
The property is ideally positioned for Marske Square amenities, the sandy beach and attractive coastline, Valley Gardens, good local schooling and excellent transport links, including two train stations and regular bus services. A rare, ready-made investment in a sought-after coastal village — early viewing is strongly recommended.
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty. Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.
