Blands Cliff, Scarborough, YO11 1NR 9 bed terraced house for sale

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Blands Cliff, Scarborough, YO11 1NR 9 bed terraced house for sale

Blands Cliff, Scarborough, YO11 1NR
£215,000

Our Summary

  • A vacant five-storey mid-terrace house with planning consent for conversion to a 13 bed HMO all with en-suite shower rooms
  • This former B&B has huge potential for any investor looking to provide holiday lets or to run as a large HMO
  • Planning consent was granted on 17th Deceber 2024 for Conversion of vacant visitor accommodation to a 13 bedroom HMO (Sui Generis)
  • The property will be offered for sale by online auction with bidding commencing at 12

Description

This vacant five-storey mid-terrace house in Blands Cliff, Scarborough, has planning consent to convert it into a 13-bedroom HMO with en-suite shower rooms, generating a gross income of £80,000 to £90,000 per annum. The property, previously a B&B, offers huge potential for investors to provide holiday lets or run as a large HMO. Located in the heart of Scarborough, it boasts stunning rear views of the South Bay and is close to the town centre, North Yorkshire Moors National Park, and the famous South Bay. The property comprises nine bedrooms, six shower rooms, five kitchens, and a former commercial premises across five floors, with a generous rear garden and mains services. The property is being sold freehold, with a rateable value of £8,400, and will be offered for sale by online auction on May 28th.