Summary - 7A MARSKE ROAD SALTBURN-BY-THE-SEA TS12 1NW
1 bed 1 bath Flat
Income-ready one-bedroom close to amenities and seafront appeal.
Tenant in situ paying £550pcm (income producing)
Short lease — cash buyers only, limits mortgage options
Recently renovated bathroom and updated kitchen fittings
Generous room sizes with good natural light throughout
Approx 588 sq ft (average overall size)
Council Tax Band A — very low running cost
Double glazing installed before 2002 (may be less efficient)
Mains gas central heating, boiler and radiators
A compact, well-presented one-bedroom flat in Saltburn-by-the-Sea offering immediate rental income. The property sits on the first floor of a mid-century brick building and has been recently updated, including a modern bathroom and upgraded kitchen fittings. Rooms are generous for the size, with good natural light from large UPVC windows.
This is offered with a tenant in situ paying £550pcm, producing a gross rental return of approximately 6.6% at the asking price of £100,000. The flat is leasehold with a short lease, so it is marketed to cash buyers only — this restricts mortgage options and is the primary material constraint for most purchasers.
Practical positives include mains gas central heating, double glazing (installed before 2002), plentiful storage and a very low Council Tax Band A. The location is convenient for local amenities, schools and seaside facilities, making it straightforward to let to local working tenants.
Buyers should note the leasehold status and short lease length which limits traditional finance and may require lease extension costs. The double glazing is older and could be less energy efficient than modern units. Overall, the flat suits investors seeking an income-producing seaside unit or a cash buyer prepared to address lease considerations.
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