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29219808 - Buy a Room in United Kingdom, England, Tyne and Wear

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Hotel 52

Property Information

Type: Room Property ID: 29219808
Location: Tyne and Wear, United Kingdom Added on: 27 Oct 2017
Price: £80,000

Short Description

Hotel 52 is a 32-bedroom budget-boutique hotel in Whitley Bay, a popular UK tourist hotspot only 25 minutes from Newcastle. Earn 8% yield for five years, increasing to 9% for years six to 10.

Key Information

  • Property ID: 29219808
  • Location: Tyne and Wear
  • Property Type: Room
  • Prices: £ 80,000 / € 90,839 / $ 107,063
  • Fully Furnished
  • City
  • Beach
  • Coastal
  • Town

Full Description

Hotel 52 is an exclusive 32-bedroom hotel excellently located in Whitley Bay. Only 25 minutes from Newcastle City Centre by Metro, and 30 minutes from Newcastle Airport by car, Whitley Bay is a picturesque seaside town, blessed with beautiful beaches and stunning views.

 

On weekends and holidays, the popular hotspot sees an influx of visitors attracted by the wide range of recreational sports, intimate restaurants, famous bars and nightclubs. The town is currently undergoing a regenation as part of a £36 million pound investment in the region, which is expected to boost demand for tourist accommodation.

 

Part of a unique brand, Hotel 52 offers visitors to Whitley Bay a budget-boutique package, with high standard facilities, two restaurants on site and extremely comfortable beds. Rooms are furnished to a higher than average standard, offering ensuite facilities and extremely comfortable beds.

 

With options of single, double/twin, triple and family rooms, the hotel can accommodate a range of guests, from families visiting the area on holiday to contractors needing a longer term stay. Breakfast and free Wi-Fi is included with every booking.

 

Rooms are now available to investors from £80,000, generating 8% yield for five years, increasing to 9% for years six to 10. 110% buyback is also available years five to 10.

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  • Tyne and Wear
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