Filey Road, Scarborough YO11 3 bed flat for sale

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Filey Road, Scarborough YO11 3 bed flat for sale

Filey Road, Scarborough, YO11
£200,000

Our Summary

  • Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio
  • For greater detail on this property's investment potential, please see the Let Property Pack linked below
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment potential detailed below (Let Property Pack)

Description

This 3-bedroom flat in Scarborough is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features three comfortable bedrooms with an en-suite, three modern bathrooms, spacious reception rooms, a functional kitchen, shared garden, and on-street parking. Currently, the property is generating an annual gross income of £14,400 with tenants already situated, and considering the purchase price and potential rental income, it's a worthwhile addition to an investor's portfolio. The current tenants have been long-term and have consistently paid their rent, with no intentions to move out, making for a smooth transaction process for the buyer and seller.