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Price History
Our Summary
- Investment potential detailed below (Let Property Pack)
- Considering the purchase price and the potential rental income that could be earned in future years will make for a worthwhile addition to an investor's property portfolio
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
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Description
This property portfolio consists of two flats located in Scarborough, with tenants currently in place, generating a steady and rewarding rental income for the current landlord. Flat 1 is a two-bedroom property with a spacious lounge, modern bathroom, and fully equipped kitchen, with on-street parking and currently tenanted. Flat 2 is a holiday let, generating a gross income of £15,100 in 2024, with two well-proportioned bedrooms, modern bathroom, spacious lounge, and fully equipped kitchen with ample storage, and a raised decked area at the rear.
The portfolio currently produces an annual gross income of £15,900, making it a worthwhile investment opportunity for those looking to add to their property portfolio.