Eastborough, Scarborough
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
5
- BATHROOMS
5
- SIZE
Ask agent
- 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
- INVESTMENT BLOCK
- 5 APARTMENTS
- MIX OF TWO BED AND ONE BED + A STUDIO
- FREEHOLD
- POPULAR LOCATION
- SEA VIEWS
- COMMERCIAL UNIT INCLUDED
- ALL TENANTED
- CLOSE TO THE TOWN CENTRE
Description
Block of 5 Self Contained Flats in a Prime Scarborough Location.
An Exceptional opportunity to acquire a freehold block of 5 flats just a short walk from the beach with local amenities and shops located nearby.
Scarborough is a thriving coastal town with a constant rental
demand driven by a mix of professionals, retirees and seasonal
visitors.
The blocks prime location by the beach, close to the town centre
and transport links enhances its long term capital growth
potential.
Whether you're looking to expand an existing portfolio or secure
a hands-off income-generating asset, this well-maintained block
offers flexibility, solid returns, and the reliability of
Scarborough’s growing rental market.
Property Highlights:
5 Spacious Flats - 3 Two Bedrooms Units and 1 One Bedroom, 1 studio
Units Along with the ground floor commercial unit
5 Properties tenanted 1 vacant.
Commercial Unit - £200 per calendar month
Flat 1 - £500 per calendar month.
Flat 2 - £500 per calendar month.
Flat 3 - £425 per calendar month.
Flat 4 - £210 per calendar month.
Flat 5 - £450 per calendar month.
Average Annual Yield - £22,500
Well maintained communal areas.
Scope for further improvement.
Separate utility meters for each unit.
The block presents a rare chance to purchase a ready-made rental
portfolio ideal for both seasoned investors and those entering the
buy-to-let market for the first time.
Brochures
Eastborough, 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.
- 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
Energy performance certificate - ask agent
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About Andrew Cowen Estate Agency, Scarborough
1 Harcourt Place, Scarborough, YO11 2EP
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 34826034. 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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