
Westbourne Grove, Scarborough
- PROPERTY TYPE
Commercial Property
- SIZE
528 sq ft
49 sq m
Description
The property currently generates an annual rental income of approximately £23,400, offering an immediate return with potential for future rental growth.
An excellent investment opportunity in a strong and consistently popular rental location.
Freehold Block - We are pleased to bring to the market this well-located block of 4 fully tenanted, self-contained residential flats situated in the popular Ramshill area of Scarborough, a highly convenient and established residential and holiday-let location close to the town centre, South Bay seafront, and a wide range of local amenities including shops, cafés, restaurants, and excellent transport links.
The property is ideally positioned within walking distance of Scarborough’s promenade, South Bay beach, and popular leisure attractions, making it an attractive and consistently in-demand rental location.
The investment is fully let and currently generates a yearly income in the region of £23,400, providing an immediate and established return for any incoming purchaser. There is also potential for rental uplift over time, subject to review, offering scope to further enhance yields in line with market conditions.
A freehold investment opportunity in a strong and well-connected coastal location, ideally suited to landlords seeking a reliable, income-producing asset with long-term growth potential.
For further information, contact our sales team on .
Flat 1 - 70.30 square metres (230'7" square metres ) - Currently monthly rent is £575 pcm
EPC E
Flat 2 - 23 square metres (75'5" square metres) - Current rent is £250 p.c.m
EPC E
Flat 4 - 42.7 square metres (140'1" square metres) - Current monthly rent is £575 pcm
EPC E
Flat 6 - 46.4 square metres (152'2" square metres) - Current Monthly rent is £550 pcm
EPC E
Directions - SATNAV - postcode YO11 2DL
what3words - ///harp.shade.spins
Utilities - Each rental property has a coin operated meter for the electricity supply. Water supply is included in the rents. The property is subject to the to selective licencing and a current licence is in place.
Hmrc - If your offer on a property is accepted, we are required under HMRC regulations to carry out Anti Money Laundering (AML) identity checks. These checks are conducted by our appointed compliance partner and a fee will be payable by the buyer for this service. Please contact Ellis Hay for further details.
Brochures
Westbourne Grove, ScarboroughBrochureEnergy Performance Certificates
EE RatingWestbourne Grove, Scarborough
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Scarborough Station0.5 miles
- Seamer Station2.3 miles
- Filey Station6.4 miles
Notes
Disclaimer - Property reference 34685538. 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 Ellis Hay, 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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