South Street, Scarborough, YO11 2BP 4 bed flat for sale

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South Street, Scarborough, YO11 2BP 4 bed flat for sale

South Street, Scarborough, YO11 2BP
£60,000

Our Summary

  • Located at basement and ground floor levels and offering a great opportunity for refurbishment into two flats (subject to any consents required), this property will appeal to developers and investors
  • To the rear is a large garage that could be made into additional living space (subject to planning consent)
  • The property is in need of modernisation but offers great potential
  • The property will be offered for sale by online auction with bidding commencing at 12

Description

This property, located in a residential area, offers a unique opportunity for refurbishment into two flats, subject to any necessary consents. The property currently comprises two interconnected units, each with its own entrance, and has a large garage that could be converted into additional living space with planning permission. The ground floor has three bedrooms, a living room, kitchen, and bathroom, while the basement has a one-bedroom unit with its own entrance. The property is in need of modernization, but its potential is evident. The lot also includes the reversionary interest from the three upper floor flats in 5a South Street, generating a ground rent income of £70 per annum. The property is being sold as a freehold with vacant possession upon completion, and the sale will be conducted through online auction.
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