Property description
INVESTMENT OPPORTUNITY OF 8 APARTMENTS IN SCARBOROUGH TOWN CENTRE ALL CURRENTLY LET WITH INCOME OF APPROXIMATELY 40,000 PER ANNUM
Investment Opportunity – Block of 8 Apartments in Scarborough Town Centre
Guide Price: £560,000 | Potential Gross Income: £40,000 per annum (Fully Let)
A rare opportunity to acquire a fully residential investment block situated in the heart of Scarborough Town Centre, just moments from shops, transport links, and the seafront.
This mid-terrace property has been converted to provide a total of eight self-contained apartments comprising:
Six one-bedroom apartments
Two studio apartments
The property is well positioned for long-term rentals and, when fully occupied, generates a gross annual income of approximately £40,000, making it a highly attractive proposition for buy-to-let investors or portfolio builders.
Central location within walking distance to all amenities and public transport
Gas central heating and partial double glazing (subject to individual unit specifications)
Potential to enhance rental yield through modernisation or management improvements
Council Tax Bands: A (most units)
No onward chain – available with tenants in situ
This is an excellent opportunity for investors seeking strong rental demand and immediate income in a popular coastal town.
For further information or to arrange a viewing, please contact us today.
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