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Crown Terrace, Scarborough, North... 24 bed property for sale
Crown Terrace, Scarborough, North Yorkshire, YO11
£1,500,000
Crown Terrace, Scarborough, North Yorkshire, YO11
£1,500,000
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 an excellent investment opportunity, offering an annual income of over £130,000 in 2024. The property is well-run, with all rooms furnished with premium quality solid wood furniture and benefiting from double glazing and gas central heating. The building has a modern kitchen on the lower ground floor, a communal lounge area, and a self-contained wardens flat that could be let for additional income. The property is fully occupied, providing immediate returns, and is secured by motion sensor cameras for added security. With a lift connecting each floor, the property is easily accessible and offers a range of en-suite bedrooms, including two on the lower ground floor. This investment opportunity is ready to provide high yields from day one, making it an attractive option for investors looking for a "ready to go" property.