Guide price
£400,000
(£96/sq. ft)
8 bed block of flats for saleValley Road, Scarborough YO11
8 beds
4 baths
4 receptions
4,188 sq. ft
- Freehold
Colin Ellis Property Services
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About this property
Block of four self-contained flats
Freehold
Investment opportunity
Gross income of approx £25,172 pa
Valley Road, Scarborough - This prominent building is situated close to the picturesque South Bay and not only offers a beautiful setting but also the potential for a good investment / development opportunity. The property is currently arranged as a block of 4 self contained 2 bedroom flats, which are all fully let and generate a current gross income of circa, £25,172 per annum.
The Building
An impressive 4 storey building that is currently arranged as 4 self contained letting units, all with two bedrooms. They are all currently let on Assured Shorthold Tenancies (AST) and generate a gross rental income of £25,172 per annum.
Tenure
Freehold and to be sold as an investment with the tenants in situ.
The Flats
Flat 112 beds
Flat 122 beds
Flat 142 beds
Flat 152 beds
Viewing
Strictly by prior appointment with sole agents Colin Ellis Property Services on
Rental Income
Flat 11 £6,500
Flat 12 £6,240
Flat 14 £6,720
Flat 15 £5,712
total £25,172 per annum when fully let
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