£55,000
(£93/sq. ft)
1 bed flat for saleAlga Terrace, Scarborough YO11
1 bed
1 bath
592 sq. ft
EPC Rating: D
- Freehold
Let Property
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About this property
Private Garage Parking
Buy-to-Let Opportunity
Tenants currently situated
Likely to attract enquiries from Serious Investors & Developers
Investment potential detailed below (Let Property Pack)
Our latest listing is a 1-bedroom Flat located in Scarborough. It is conveniently close to essential amenities, offers strong potential for rental returns, and has a tenant in residence.
For investors looking to expand their portfolio, this is a fantastic opportunity!
This property features one bedroom, a three-piece bathroom, and a kitchen. Additional features include a private garage parking.
Investment details
It currently generates an annual gross income of £6,600, with tenants currently residing there. Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investor's property portfolio.
Please see the Let Property Pack linked below for greater details on this property's investment potential.
If you are interested, please call us.
Tenancy Details
The current tenants have been residing in the property for several years and have consistently paid their rent on time. They do not plan to move out and wish to continue their tenancy.
Let Property is committed to facilitating a smooth transaction process between buyer and seller. To ensure maximum commitment to the sale from both parties, a Buyer's Premium will be applied to secure a property.
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This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.