Large freehold coastal holding with five cottages, income and redevelopment potential, sold at auction.
Three‑acre freehold plot with multiple outbuildings and parking
A substantial three‑acre freehold holding on Main Street, Tunstall, offered at auction. The site includes five holiday cottages (one Grade II listed), numerous outbuildings and generous off‑street parking, set in a conservation area close to the Holderness coast. The land is currently arable and has been used for livestock; sea access and rural tranquillity add to its location appeal.
The cottages have generated a combined income in excess of £31,000 over the past four years, and one barn is currently on a short commercial rolling tenancy. The mix of holiday lets and longer lets gives flexible income potential; the site is already operating as a letting business but also offers scope for alternative uses subject to planning.
Important development considerations are clear: no planning permissions have been sought or accepted, and part of the property is Grade II listed and lies within a conservation area — both will restrict alterations and complicate redevelopment. The lot is sold under auction conditions with an additional buyer contract documentation fee (£1,500 incl. VAT) and potential further seller charges noted in the legal pack. Prospective buyers should review tenancy documents and the legal pack and make their own enquiries regarding services, surveys and planning constraints.