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1 bedroom flat for sale
Alga Terrace, Scarborough, YO11
£52,500
Alga Terrace, Scarborough, YO11
£52,500
Our Summary
- It is conveniently close to essential amenities, offers strong potential for rental returns, and has a tenant in residence
- Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investor's property portfolio
- Please see the Let Property Pack linked below for greater details on this property's investment potential
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
- Investment potential detailed below (Let Property Pack)
Description
This 1-bedroom flat in Scarborough is a fantastic investment opportunity, conveniently located near essential amenities and already generating an annual gross income of £6,600 with a tenant in residence. The property features one bedroom, a three-piece bathroom, a lounge, and a kitchen, as well as private garage parking. The current tenants, who have been residing in the property for several years, are committed to continuing their tenancy, providing a stable and reliable source of rental income. With strong potential for future rental returns and a tenant already in place, this property is an excellent addition to any investor's portfolio.