1 bedroom apartment for sale

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1 bedroom apartment for sale

Princess Royal Terrace, Scarborough
£65,000

Our Summary

  • In summary, this one-bedroom flat on Princess Royal Terrace is a rare find, combining a prime location, solid investment potential, and a welcoming living environment

Description

This one-bedroom apartment on Princess Royal Terrace in Scarborough's desirable South Cliff area offers a rare opportunity for first-time buyers and investors alike. The property features a comfortable reception room, bedroom, and modern bathroom, with additional storage space in the converted loft. With gas central heating throughout, the flat provides a warm and inviting atmosphere. The property is leasehold with a 999-year lease, providing peace of mind for future ownership. Additionally, a potential tenant is already in situ, offering a promising net yield of over 8% for investors. The apartment is situated in a vibrant community, close to local amenities, shops, restaurants, and beautiful coastal walks, making it an attractive option for anyone looking to make it their home or add to their investment portfolio.