4 bedroom terraced house for sale

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4 bedroom terraced house for sale

Sussex Street, Scarborough YO11 1BJ
£160,000

Our Summary

  • The current layout of the property means it is ideal for BTL investors looking for impressive returns by operating the property as A HMO (subject to the necessary approval) or AirBnb short term rental

Description

This excellent freehold property in the center of Scarborough is a rare opportunity for a multitude of buyers. The property has been recently refurbished and offers versatile accommodation spread over three floors, including four bedrooms, four bathrooms, a living room, and kitchen diner. The current layout makes it ideal for BTL investors or those looking to operate it as a HMO or AirBnb short-term rental. Scarborough is a popular holiday destination with a range of attractions, including a shopping center, cinema, and open-air theater. The property is expected to generate a gross yield of 14.66% and a net yield of 8.96% based on a 75% occupancy rate, making it an attractive investment opportunity. With its central location and potential for high returns, this property is not to be missed and is expected to be in high demand on the rental market.
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