Royal Avenue, Scarborough YO11 1 bed flat for sale

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Royal Avenue, Scarborough YO11 1 bed flat for sale

Royal Avenue, Scarborough, YO11
£75,000

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 offers a fantastic investment opportunity for those looking to expand their portfolio. The property is conveniently located near essential amenities and currently generates an annual gross income of £6,900 from a tenant who has been residing there for less than a year and has a good payment history. The property features one bedroom, a lounge, a kitchen, and a three-piece bathroom, as well as communal private parking and a communal front garden. With its strong potential for rental returns and a tenant already in place, this property presents a worthwhile addition to an investor's portfolio.