2 bedroom apartment for sale

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2 bedroom apartment for sale

Westbourne Road, Scarborough, North Yorkshire, YO11
£90,000

Our Summary

  • Investment Opportunity - 2 Bed Flat, Scarborough | 8% Gross Yield | Share of Freehold Pure Investor is pleased to present an excellent investment opportunity in Scarborough - a two-bedroom apartment currently generating £600 per calendar month with a strong sitting tenant

Description

Pure Investor presents an investment opportunity in Scarborough, a two-bedroom apartment generating £600 per month with a strong sitting tenant. The property, located in a well-maintained Victorian conversion, benefits from share of freehold ownership, providing long-term security and control over the building's management. The apartment offers a gross yield of 8% per annum, with annual rental income of £7,200 and a low service charge of £67 per month. The property is being sold with the tenant in situ, providing immediate rental income from completion. With a comprehensive lettings and property management service available, investors can benefit from a single point of contact for their entire portfolio, minimizing costs and maximizing efficiency.