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Crown Terrace, Scarborough, North... Mixed use for sale
Crown Terrace, Scarborough, North Yorkshire, YO11
£1,350,000
Crown Terrace, Scarborough, North Yorkshire, YO11
£1,350,000
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 exceptional 24-bedroom HMO licensed building in Scarborough is a lucrative investment opportunity, offering an annual income of over £130,000 in 2024. The property is well-maintained, efficiently run, and fully occupied, providing immediate returns for the buyer. The Grade II listed building features 5 floors, lift access, double glazing, and gas central heating, with each room furnished with premium quality solid wood furniture. The property includes a modern kitchen, communal areas, and a self-contained wardens flat, which could 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.