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2 Zetland Terrace, Loftus, TS13 4PN

Guide Price

£129,000

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Guide Price

£129,000

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Residential

house

terraced house

Vacant

2 Zetland Terrace, Loftus, TS13 4PN

3

bed

1

bath

1

reception

Council tax: A

Freehold

Rare Vacant Opportunity

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Description

  • PRIME NEW LISTING. We are excited to present this vacant mid-terrace 3-bedroom house located within a prime location in Loftus.

  • **8, North Road, Loftus TS13 4HP sold for £176,000 in 2023; 12, Fircroft Court, Saltburn-by-the-Sea TS13 4SP sold for £215,000 in 2023; Forge House, North Road, Saltburn-by-the-Sea TS13 4HP sold for £182,500 in 2023.**

  • This vacant 3-bedroom mid-terrace property could achieve rental figures of £800-£850 per month, translating to an annual income of £9,600-£10,200. This equates to a robust 7%-8% yield if acquired at the guide price, making it a prime buy-to-let opportunity.

  • The property is move-in ready and boasts a contemporary design that presents ample potential for customisation. It is ideal for astute investors seeking a project with both capital and rental growth prospects.

  • Perfect for an owner-occupier looking for their next home, this property offers excellent amenities and transport links. It is a superb opportunity for young professionals or families aspiring to get onto the property ladder.

PRIME NEW LISTING. We are excited to present this vacant mid-terrace 3-bedroom house located within a prime location in Loftus.

The property comprises a welcoming entrance, a spacious living room, three well-proportioned bedrooms, a modern bathroom, and a well-equipped kitchen. Ample storage is available throughout, enhancing its functionality.

This vacant 3-bedroom mid-terrace property could achieve rental figures of £800-£850 per month, translating to an annual income of £9,600-£10,200. This equates to a robust 7%-8% yield if acquired at the guide price, making it a prime buy-to-let opportunity.

The property is move-in ready and boasts a contemporary design that presents ample potential for customisation. It is ideal for astute investors seeking a project with both capital and rental growth prospects.

Perfect for an owner-occupier looking for their next home, this property offers excellent amenities and transport links. It is a superb opportunity for young professionals or families aspiring to get onto the property ladder.

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:

**8, North Road, Loftus TS13 4HP sold for £176,000 in 2023; 12, Fircroft Court, Saltburn-by-the-Sea TS13 4SP sold for £215,000 in 2023; Forge House, North Road, Saltburn-by-the-Sea TS13 4HP sold for £182,500 in 2023.**

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.

This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.

For further details on how to have a bidding account created, please contact the team.

Location

Loftus is a charming town nestled along the picturesque coast of North Yorkshire. Known for its rich history and vibrant community, Loftus offers beautiful landscapes and is conveniently situated close to local amenities, schools, and transport links, providing the perfect setting for both families and professionals.

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Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£18,900

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.