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Westbourne Grove, Scarborough

Key features

  • Suitable for investment or owner occupation
  • Immediate rental income
  • Scope to increase rental yield
  • Off-road driveway parking
  • Popular Scarborough coastal location
  • Basement providing additional storage
  • Flexible layout
  • Close to local Shops
  • Sort after South Side location

Description

Andrew Cowen Estate Agents are pleased to offer this versatile portfolio of three self-contained flats in a popular area of Scarborough, presenting an excellent opportunity for both investors and owner occupiers. The property comprises two studio flats currently tenanted and generating income, together with a vacant two-bedroom flat offering immediate scope for occupation or letting. Benefitting from private gardens to the front and rear, off-road driveway parking and basement storage, the property provides flexibility and long-term potential.

This excellent opportunity comprising a portfolio of three self-contained flats in Scarborough, offering immediate rental income with further potential for growth, whilst also providing flexibility for owner occupation if desired. The portfolio consists of two studio flats and one two-bedroom flat. The studio apartments each provide a spacious open-plan living and sleeping area, a fitted kitchen and a three-piece bathroom suite, with tenants currently in situ and generating steady rental returns. The two-bedroom flat offers well-proportioned accommodation including two bedrooms, a fully fitted kitchen, a bathroom and a separate WC, and is currently vacant, presenting an ideal opportunity for an owner occupier or for a purchaser seeking to maximise rental income.

The property further benefits from basement access, private garden areas to both the front and rear, and off-road driveway parking, enhancing its appeal to both homeowners and tenants alike. At present, the occupied units generate a gross annual income of £7,200, and with the letting of the vacant two-bedroom flat and potential future rental growth, the portfolio offers scope to enhance returns. Equally, the configuration provides flexibility for a purchaser wishing to reside within the building whilst retaining income from the remaining units, subject to any necessary consents.

This is an attractive and versatile opportunity for investors, developers or owner occupiers seeking accommodation within a popular coastal location

Brochures

Westbourne Grove, ScarboroughBrochure
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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Westbourne Grove, Scarborough

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About Andrew Cowen Estate Agency, Scarborough

1 Harcourt Place, Scarborough, YO11 2EP
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1

Moving forward with Andrew Cowen?

Our company aim is to provide a personal yet professional service to each of our clients. To achieve this, our experienced and dedicated team strive to ensure that all of your property needs are met.

Your mortgage

Per year
Lenders usually expect a 10% deposit
%
Choose between 2 and 40 years
Years
Current average is 4.5%
%
Monthly repayments
£776
We think you can borrow up to
Add your household income above
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Disclaimer - Property reference 34499200. 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 Andrew Cowen Estate Agency, 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.

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