>
Crown Terrace, Scarborough, North... Mixed use for sale
Crown Terrace, Scarborough, North Yorkshire, YO11
£1,000,000
Crown Terrace, Scarborough, North Yorkshire, YO11
£1,000,000
Our Summary
- Offered with NO ONWARD CHAIN is this excellent INVESTMENT OPPORTUNITY of a 24 Bedroom HMO LICENSED BUILDING
- Annual income in excess of £130,000 in 2024Harris Shields Collection are pleased to offer to auction this fully occupied 24 BEDROOM HMO BLOCK in Scarborough available with no onward chain
Description
This 24-bedroom HMO licensed building in Scarborough is a fantastic investment opportunity with a annual income expected to exceed £130,000 in 2024. The property is well-run and fully occupied, with immediate benefits from returns as it will be sold with occupants in situ. The property features 5 floors, with lift access to each floor, and is well-presented with double glazing and gas central heating throughout. The building has a modern kitchen and communal areas, including a relaxation space and a self-contained wardens flat that could also be let for additional income. The property is secured with motion sensor cameras and is ready to provide high yields from day one after purchase. With no onward chain, this is an excellent opportunity for investors looking for a "ready to go" investment.