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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 rare opportunity to acquire two adjoining properties at 180 & 182 High Street, professionally converted into four self-contained flats, located in the heart of the highly sought-after coastal village of Marske-by-the-Sea. The village remains extremely popular with tenants thanks to its sandy beach, attractive coastline, strong local amenities and excellent transport links.
All four flats are tastefully decorated and benefit from modern kitchens and bathrooms, offering low-maintenance accommodation with broad tenant appeal. The property provides a strong and varied mix of unit sizes and layouts, helping to maximise rental demand and income potential.
The accommodation briefly comprises:
The ground floor two-bedroom flat benefits from gas central heating and double glazing and includes a living room, kitchen/dining area, two double bedrooms and a bathroom/WC, currently achieving £450 per calendar month.
The ground floor one-bedroom flat, also with gas central heating and double glazing, comprises a living room, kitchen, bedroom and bathroom/WC, currently achieving £425 per calendar month.
The first floor two-bedroom flat benefits from electric heating and double glazing, offers direct access to the rear of the property, and features an open-plan kitchen/living area, two double bedrooms and a bathroom/WC, currently achieving £375 per calendar month.
The first floor maisonette, arranged over two levels and benefitting from electric heating and double glazing, comprises a living room, kitchen and bathroom, with stairs leading to the second floor which houses two double bedrooms, both with roof windows. This unit is currently achieving £425 per calendar month.
Situated on High Street, the properties are ideally positioned for Marske Square amenities, the sandy beach and coastline, Valley Gardens, good local schooling and excellent transport links including two train stations and regular bus services. A high-yield, multi-unit investment in a prime coastal location — 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.