Standout Features
- OFFER ACCEPTED BEFORE MARKETING
- Block of 5 self-contained flats
- Annual income of £33,540
- Established residential investment opportunity
- 1 x One-bedroom apartment
- 4 x Two-bedroom apartments
Property Description
***OFFER ACCEPTED BEFORE MARKETING***
This substantial and well-arranged block of apartments comprises five self-contained flats set across multiple floors, including one one-bedroom apartment and four generously sized two-bedroom apartments, offering a well-balanced and attractive investment opportunity.
The apartments are accessed via a communal entrance and internal stairwell, with each flat benefiting from its own living room, fitted kitchen, shower room and well-proportioned bedrooms, providing comfortable and practical accommodation throughout.
Extending to approximately 2,590 sq ft in total, the property is generating an annual income of £33,540, representing an attractive return. The building offers clear long-term investment potential with scope for continued rental growth.
Situated on New Queen Street, Scarborough, the property is well positioned for access to the town centre, local amenities, transport links and the seafront, making it an appealing location for tenants and supporting consistent rental demand.
A rare opportunity to acquire a ready-made residential investment with established income and continued rental appeal.
This substantial and well-arranged block of apartments comprises five self-contained flats set across multiple floors, including one one-bedroom apartment and four generously sized two-bedroom apartments, offering a well-balanced and attractive investment opportunity.
The apartments are accessed via a communal entrance and internal stairwell, with each flat benefiting from its own living room, fitted kitchen, shower room and well-proportioned bedrooms, providing comfortable and practical accommodation throughout.
Extending to approximately 2,590 sq ft in total, the property is generating an annual income of £33,540, representing an attractive return. The building offers clear long-term investment potential with scope for continued rental growth.
Situated on New Queen Street, Scarborough, the property is well positioned for access to the town centre, local amenities, transport links and the seafront, making it an appealing location for tenants and supporting consistent rental demand.
A rare opportunity to acquire a ready-made residential investment with established income and continued rental appeal.
HMRC Disclaimer - Scarborough
Should you wish to proceed with an offer on this property we are obliged by HMRC to conduct mandatory Anti Money Laundering Checks. We outsource these checks to our compliance partners at Kotini and they charge a fee for this service.
Agent Note
To date these details have not been approved by the vendor and should not be relied upon.
Additional Information
| Tenure: | Freehold |
|---|---|
| Council Tax Band: | A |
Rooms
HMRC Disclaimer - Scarborough
Should you wish to proceed with an offer on this property we are obliged by HMRC to conduct mandatory Anti Money Laundering Checks. We outsource these checks to our compliance partners at Kotini and they charge a fee for this service.Agent Note
To date these details have not been approved by the vendor and should not be relied upon.Utilities
Broadband:
Cable
Electricity:
Mains Supply
Sewerage:
Mains Supply
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New Queen Street, Scarborough
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