Land at The Stables at 100 Margrove Park, Saltburn-by-the-sea, TS12 3BY
- PROPERTY TYPE
Land
- BEDROOMS
2
- BATHROOMS
1
- SIZE
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Key features
- We are excited to present this FANTASTIC DEVELOP OPPORTUNITY located in a PRIME Location of Saltburn-by-the-sea. *** GUIDE PRICE £55,000 ***
- Property comes with approximately 1/8th of an acre of land and has potential to build 1 - 2 generously sized homes, subject to necessary planning and consents. Once developed, the plot could potentia
- *** 84, Margrove Park, Boosbeck, Saltburn-by-the-sea, Redcar and Cleveland, TS12 3BY Sold for £139,999 in November 2023, 64, Margrove Park, Boosbeck, Saltburn-by-the-sea, Redcar and Cleveland, TS12
- Land has scope to be developed further, with existing residential properties nearby, and demand for holiday retreats. The plot is situated next to Margrove Park with fantastic transport links to Newc
- Property could achieve £100 per night if run as a serviced accommodation, generating an annual income of £25,550 or a gross yield of 46.45% based on an occupancy rate of 70% and a guide price of £
Description
- We are excited to present this FANTASTIC DEVELOP OPPORTUNITY located in a PRIME Location of Saltburn-by-the-sea. *** GUIDE PRICE £55,000 ***
- Property comes with approximately 1/8th of an acre of land and has potential to build 1 - 2 generously sized homes, subject to necessary planning and consents. Once developed, the plot could potentially achieve a GDV of circa £350,000. With great sales evidence to support *** SURE TO APPEAL TO A SHREWD DEVELOPER ***
- *** 84, Margrove Park, Boosbeck, Saltburn-by-the-sea, Redcar and Cleveland, TS12 3BY Sold for £139,999 in November 2023, 64, Margrove Park, Boosbeck, Saltburn-by-the-sea, Redcar and Cleveland, TS12 3BY Sold for £135,000 in August 2023 ***
- Land has scope to be developed further, with existing residential properties nearby, and demand for holiday retreats. The plot is situated next to Margrove Park with fantastic transport links to Newcastle and Leeds. *** PRIME DEVELOPMENT OPPORTUNITY ***
- Property could achieve £100 per night if run as a serviced accommodation, generating an annual income of £25,550 or a gross yield of 46.45% based on an occupancy rate of 70% and a guide price of £55,000. Subject to the necessary planning and consents. *** POTENTIALLY HIGH YIELDING INVESTMENT OPPORTUNITY ***
We are excited to present this FANTASTIC DEVELOP OPPORTUNITY located in a PRIME Location of Saltburn-by-the-sea.
*** GUIDE PRICE £55,000 ***
Plot currently consists of a well equipped, 2-bedroom static caravan fitted with a septic tank and 1/8th of an acre of land which has the potential to be used for a variety of uses.
Property could achieve £100 per night if run as a serviced accommodation, generating an annual income of £25,550 or a gross yield of 46.45% based on an occupancy rate of 70% and a guide price of £55,000. Subject to the necessary planning and consents.
*** POTENTIALLY HIGH YIELDING INVESTMENT OPPORTUNITY ***
Property comes with approximately 1/8th of an acre of land and has potential to build 1 - 2 generously sized homes, subject to necessary planning and consents. Once developed, the plot could potentially achieve a GDV of circa £350,000. With great sales evidence to support
*** SURE TO APPEAL TO A SHREWD DEVELOPER ***
*** 84, Margrove Park, Boosbeck, Saltburn-by-the-sea, Redcar and Cleveland, TS12 3BY Sold for £139,999 in November 2023, 64, Margrove Park, Boosbeck, Saltburn-by-the-sea, Redcar and Cleveland, TS12 3BY Sold for £135,000 in August 2023 ***
Land has scope to be developed further, with existing residential properties nearby, and demand for holiday retreats. The plot is situated next to Margrove Park with fantastic transport links to Newcastle and Leeds.
*** PRIME DEVELOPMENT OPPORTUNITY ***
Plot has vast potential to be developed further into a car garage or service station, subject to necessary planning and consents.
*** RARE AUCTION PROPERTY ***
Excellent sales within the area showing that it is a desirable and appetising area:
*** 84, Margrove Park, Boosbeck, Saltburn-by-the-sea, Redcar and Cleveland, TS12 3BY Sold for £139,999 in November 2023, 64, Margrove Park, Boosbeck, Saltburn-by-the-sea, Redcar and Cleveland, TS12 3BY Sold for £135,000 in August 2023 ***
Sure to appeal to a variety of buyers. Attractive opportunity, subject to researching and regaining necessary planning permission.
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Make an Offer” button on our website.
This land is offered at a fantastic price to ensure an Auction sale.
The land 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:
Margrove Park, located near Saltburn-by-the-Sea with the postcode TS12 3BY, offers a serene, countryside setting within the North York Moors National Park. This charming hamlet is surrounded by lush woodlands and open green spaces, making it a perfect spot for nature enthusiasts. It's a short drive from the coastal town of Saltburn, known for its sandy beaches, Victorian pier, and lively community. Margrove Park provides a peaceful retreat with convenient access to both coastal and countryside activities, appealing to those looking for a rural lifestyle with proximity to essential amenities.
Land at The Stables at 100 Margrove Park, Saltburn-by-the-sea, TS12 3BY
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Commondale Station3.5 miles
- Saltburn Station3.6 miles
- Marske Station4.0 miles
About Prime Property Auctions (Scotland) Ltd, Glasgow
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Notes
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*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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