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Royal Avenue, Scarborough YO11 1 bed flat for sale
Royal Avenue, Scarborough, YO11
£78,000
Royal Avenue, Scarborough, YO11
£78,000
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 is 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 £6,600 from a tenant who has been residing there for several years and has a consistent payment history. The property also offers strong potential for rental returns in future years, making it a worthwhile addition to an investor's portfolio. With its one bedroom, lounge, kitchen, and three-piece bathroom, as well as the convenience of on-street parking, this flat is an attractive option for investors. The current tenants are committed to continuing their tenancy, ensuring a smooth transition for the buyer.