>
Block of flats
Albemarle Crescent, Scarborough YO11
£300,000
Albemarle Crescent, Scarborough YO11
£300,000
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)
Description
This portfolio of 5 flats in Scarborough is a lucrative investment opportunity, generating a steady annual gross income of £27,360 from its current tenants. The property features six bedrooms, a lounge, kitchen, and bathroom, making it an attractive addition to an investor's portfolio. With its potential for future rental income and current rental returns, this property is a worthwhile investment. The current landlord has been successfully renting out the property, and with the right buyer, the property can continue to generate a steady income stream.