3 bedroom flat for sale

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3 bedroom flat for sale

Granby Place, Queen Street, Scarborough, North Yorkshire, YO11
£285,000

Our Summary

  • Long-Term Growth: As an area benefiting from regeneration and ongoing development, it continues to see rising property values and rental income potential

Description

This exceptional three-flat property is located in the heart of Scarborough, just a 10-minute walk from Scarborough Castle and South Bay Beach, and 14 minutes from the train station. The property is currently generating a healthy gross rental yield of £1,350 per month, with each flat rented out at £500, £400, and £450 respectively. The property benefits from a prime location, high rental demand, and long-term growth potential, making it an excellent investment choice. With a freehold tenure and minimal vacancy rates, this property is a landlord's dream, offering a steady stream of income from day one. As an area benefiting from regeneration and ongoing development, property values and rental income potential are expected to continue rising, making this an attractive opportunity for investors looking to diversify their portfolio.
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