Summary - VICTORIA APARTMENTS, 3, DIAMOND STREET TS12 1EB
1 bed 1 bath Block of Apartments
**Standout Features:**
- Freehold block with five self-contained apartments
- Grade II listed building, meticulously maintained
- Prime central Saltburn location within an urban environment
- Current rental yield potential of £3,550 per month at full occupancy
- Excellent amenities and coastal views nearby
- Four historically successful permanent rentals and one holiday let
**Potential Concerns:**
- Renovation or extension potential is limited due to listed status
- High crime rate in the local area
- Maintenance needs may arise in older building sections
This remarkable freehold block on Diamond Street offers an exceptional investment opportunity or living arrangement in the heart of Saltburn. Comprising five meticulously cared-for self-contained apartments—a mix of one and two-bedroom units—this Grade II listed property is a blend of historic charm and functional design. Each unit features an open-plan living and kitchen area with tasteful decor, boasting large windows that invite natural light and possibly picturesque views of the nearby coastline.
With a strong rental history, the property presents excellent potential for stable income, particularly appealing to investors. Occupants will appreciate convenient on-street parking and proximity to a wealth of amenities just a short walk away. While the property's listed status restricts renovations, it stands as a well-preserved piece of architecture with commercial viability that is becoming increasingly rare in Saltburn. Don’t miss your chance to own a unique piece of real estate in this vibrant coastal locale, where opportunities like this are quickly seized.
Commercial property for sale in Victoria Apartments, Diamond Street, Saltburn, TS12 — £625,000 • 1 bed • 1 bath • 794 ft²
1 bedroom apartment for sale in Balmoral Terrace, Saltburn-By-The-Sea, TS12 — £190,000 • 1 bed • 1 bath • 539 ft²
3 bedroom apartment for sale in Marine Parade, Saltburn-By-The-Sea, TS12 — £255,000 • 3 bed • 2 bath • 985 ft²
3 bedroom apartment for sale in Alexandra House, Marine Parade, Saltburn, TS12 — £380,000 • 3 bed • 1 bath • 1405 ft²
3 bedroom apartment for sale in Ingleside Mansions, Saltburn, TS12 — £420,000 • 3 bed • 2 bath • 1859 ft²
2 bedroom apartment for sale in Milton Street, Saltburn-by-the-Sea, North Yorkshire, TS12 — £700,000 • 2 bed • 1 bath • 4299 ft²
