Aberdeen Walk, Scarborough, North Yorkshire
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
8
- BATHROOMS
8
- SIZE
269 sq ft
25 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- FULLY LET OPPORTUNITY
- BLOCK OF EIGHT APARTMENTS (MIX OF ONE BED AND STUDIO)
- LOCATED IN THE HEART OF SCARBOROUGH TOWN CENTRE
- IDEAL INVESTMENT OPPORTUNITY
- CLOSE TO THE SOUTH BAY AND TOWN CENTRE
- INTERNAL VIEWING ADVISED
Description
Guide Price: £495,000
Gross Rental Yield: Approx. 8.08%
An exciting opportunity to acquire a fully let residential investment property occupying a prominent position within the heart of Scarborough Town Centre. Ideally located within walking distance of the town’s main shopping areas, railway station, local amenities, and Scarborough’s renowned seafront, the property offers investors an immediately income-producing asset in a consistently popular rental location.
The property has been thoughtfully converted into eight self-contained apartments comprising six one-bedroom apartments together with two studio apartments, all currently occupied and generating a combined annual rental income. This equates to an attractive gross rental yield of approximately 8.08% based on the asking price, presenting a strong return for landlords and portfolio investors alike.
Scarborough continues to experience strong demand for affordable long-term rental accommodation. The properties central location places tenants within easy reach of supermarkets, restaurants, cafes, leisure facilities, public transport links, and the beach, making it particularly appealing for a wide range of occupiers.
The building benefits from gas central heating and partial double glazing, with each apartment offering self-contained living accommodation designed to maximise rental appeal and occupancy levels. The current configuration provides a solid and established income stream, while also offering future scope for an incoming purchaser to further enhance returns through refurbishment, modernisation, or revised management strategies.
Properties of this nature and scale are rarely brought to market within Scarborough town centre, particularly those offered fully occupied with tenants in situ. Whether purchased as a standalone investment or as an addition to an existing portfolio, this is an excellent opportunity to secure a substantial freehold residential asset with immediate income and long-term growth potential in one of North Yorkshire’s most established coastal towns.
Internal viewing is highly recommended to fully appreciate the size, income potential, and central location on offer. For further information or to arrange a viewing, please contact us today.
EPC Ratings:
Flat 1, 22 Aberdeen Walk, SCARBOROUGH, YO11 1XW E 27 March 2029
Flat 1a, 22 Aberdeen Walk, SCARBOROUGH, YO11 1XW E 28 April 2029
Flat 1b, 22 Aberdeen Walk, SCARBOROUGH, YO11 1XW E 1 June 2033
Flat 2, 22 Aberdeen Walk, SCARBOROUGH, YO11 1XW D 31 August 2030
FLAT 2, 22 ABERDEEN WALK, SCARBOROUGH, YO11 1XW C 25 October 2031
Flat 2a, 22 Aberdeen Walk, Scarborough, YO11 1XW C 17 January 2033
FLAT 3, 22 ABERDEEN WALK, SCARBOROUGH, YO11 1XW B 8 August 2031
Flat 4, 22 Aberdeen Walk, SCARBOROUGH, YO11 1XW D 27 March 2029
Council Tax Ratings:
All apartments are banded 'A'.
HMRC DISCLAIMER:
If you have an offer accepted on this property, we are obliged by HMRC to conduct mandatory Anti Money Laundering Checks. We outsource these checks to our compliance partners at IAmProperty/Movebutler. They charge a fee for this service. For further information, please contact our office.
- 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.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Aberdeen Walk, Scarborough, North Yorkshire
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Visit our security centre to find out moreDisclaimer - Property reference LSB-85205345. 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.
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