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Block of apartments for sale

Westwood, Scarborough, North Yorkshire

Key features

  • BLOCK OF SIX APARTMENTS
  • NO ONWARD CHAIN
  • IN NEED OF COMPLETE REFURBISHMENT THROUGHOUT
  • GARAGE LOCATED TO THE REAR OF THE PROPERTY
  • ENCLOSED FRONT/REAR COURTYARD STYLE GARDENS
  • IDEAL INVESTMENT OPPORTUNITY

Description

+++Investment Opportunity: Block of Six Self-Contained Apartments in need of complete refurbishment in Central Scarborough... Discover an unparalleled investment prospect with this block of six self-contained apartments, strategically positioned near Scarborough Town Centre and the ever-popular North Bay Beach. Comprising one spacious two-bedroom apartment and five well-appointed one-bedroom/studio apartments, this property offers significant rental potential (once refurbishment is complete) in a highly sought-after coastal locale.+++

Prime Location & Accessibility:
Ideally situated within easy reach of Scarborough's diverse amenities, including vibrant shops, delightful eateries, the main promenade, essential post office services, and excellent transport links, this property is perfectly suited for both long-term residents and holidaymakers alike. The convenience of its location enhances its appeal, ensuring high occupancy rates and strong rental yields once refurbishment is complete.

Accommodation Details:
- Basement Level: A self-contained studio apartment featuring a separate kitchen/diner, accessible via its own private entrance, offering privacy and independence for tenants.

- Ground Floor: A communal entrance hall provides access to all floors, fostering a sense of community while maintaining individual privacy. The ground floor includes a bay-fronted one-bedroom apartment with a private entrance porch, separate WC, and additional storage space. A further studio apartment, also with its own private entrance, adds to the ground floor's appeal.

- First Floor: Two individually designed one-bedroom apartments, each offering comfortable living spaces and modern amenities.

- Second Floor: A generously proportioned two-bedroom apartment providing spacious accommodation, perfect for attracting families or tenants seeking more room.

External Features:
The property benefits from a low-maintenance outdoor area, providing an attractive space for residents to enjoy without the burden of extensive upkeep. Additionally, a garage offers valuable storage space or potential parking, adding to the property's overall appeal and functionality.

Investment Highlights:
- Strong Rental Potential: The mix of apartment sizes caters to a wide range of tenants, ensuring consistent occupancy and attractive rental income.
- Prime Location: Close proximity to Scarborough’s key attractions and amenities enhances the property’s desirability.

This is a rare opportunity to acquire a full apartment block in a prime location. Early viewing is highly recommended to fully appreciate the scope and income potential of this exceptional investment. Don’t miss out on the chance to secure an ideal investment opportunity in the heart of Scarborough, contact Liam Darrell Estate Agents for further information or to arrange an internal viewing.

Council Tax:
We have been advised that all apartments have been banded 'A' by North Yorkshire Council*.

EPC'S:
Ranging from Grade D to C for each apartment in the block*.

Tenure/Disclaimer:
We do advise that all matters subject to the tenure, restrictions and particulars be subject to clarification via a Solicitor at the time of purchase. This is a general description of the property only, and is not intended to constitute part of an offer or contract.
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Westwood, Scarborough, North Yorkshire

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About Liam Darrell Estate Agents, Scarborough

85 Columbus Ravine, Scarborough, YO12 7QU

A modern thinking agency with competitive fees and traditional values. At Liam Darrell Estate Agents we have a true passion for property and providing only the very best customer service and experience to our clients. This determination spurred Liam into opening Liam Darrell Estate and Letting Agent?s in January 2022. Liam truly believes that every client deserves a first-class service that is tailored exactly to their specific requirements.

With a proactive and innovative approach to property, we are here to transform the way the local area buys, sells, lets and rents property whilst also offering a comprehensive range of additional services to cater for all of your property needs, however large or small.

Your mortgage

Per year
Lenders usually expect a 10% deposit
%
Choose between 2 and 40 years
Years
Current average is 4.5%
%
Monthly repayments
£1,186
We think you can borrow up to
Add your household income above
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Disclaimer - Property reference LSB-47937517. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Liam Darrell Estate Agents, Scarborough. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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