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Apartment/Flat Description
Exclusive development of holiday homes
Ideal for investment and personal use
£4,167 net profit in 1st year
1 & 2 bed apartments available now!
10% completion incentive
Low deposit - high yields (10% Gross)
£12,500 pa rental income based on 28 weeks occupancy
At Assetz for investors we look at holiday homes as an excellent investment opportunity. Holiday homes qualify for business asset taper relief and capital allowance tax relief, which significantly reduces Capital Gains Liability.
A holiday home can be classed as a second residential home, therefore better rates and higher lending are available to the investor. Loan-to-value mortgages of up to 90% are available.
85% or 90% lending available
Significant tax benefits
1st year service charges PAID
Legal fees PAID
Stamp duty exempt
999 years lease
Allocated parking
Holiday homes can be low-hassle investment opportunities if you give the property to a holiday company to fully manage, making them hands-off for the investor. This service will be charged for, but will mean the investor will not need to worry about cleaning, maintenance, etc.
These apartments are projected to achieve £12,500 rent per annum, based on 28 weeks per year occupancy.
Filey is a blue-flag beach location close to Primrose Valley, which attracts many tourists. This is an upmarket development with an abundance of on-site facilities such as hotel, leisure centre, swimming pool, convenience store, public house, restaurant and coffee shop. All the facilities are available to anyone staying at the development.
Why Filey?
Filey has a great holiday catchment area, easily accessible from Scarborough, Leeds, Newcastle, York and the North Yorkshire Moors. This is an exclusive coastal development of cottages and apartments for individuals to enjoy and to invest in.
This exciting development will incorporate a safe, relaxed environment with a stylish restaurant, leisure centre, public house and shops. There will be parking for both cars and boats, tree lined boulevards, large pedestrian walkways and 100 acres of pasture, lakes and woodland. This is a stunning development set within spectacular scenery overlooking Filey Bay. It is in a rural setting with woodland and lakes, with direct access to a blue-flag status beach with views to Filey and Bempton.
This 150 acre site is situated 3 miles by road from Filey on the A165, midway between Scarborough and Bridlington and close to The Primrose Valley. Set in the picturesque North Yorkshire countryside it boasts a 550 metre frontage onto one of the best sandy beaches in the UK.
Situated on the north east coast of England near Filey, it is the ideal base for touring and exploring. Near to the coastal resorts of Scarborough and Bridlington, and the beautiful countryside on the Yorkshire Moors, it is perfectly located for numerous attractions.
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Approximate price of this 1-Bed Unknown
€156,191 EUR |
£125,000 GBP |
US$195,958 USD |
(Currency and Foreign Exchange services supplied by )
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| Type |
Apartment/Flat |
| Bathrooms |
1 |
| Bedrooms |
1 |
| Category |
Re-Sale |
| Listed |
over 1 year ago |
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Map of Filey, North Yorkshire, England
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Price: £125,000
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