8 bedroom block of apartments for sale

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8 bedroom block of apartments for sale

Crown Crescent, Scarborough
£320,000

Our Summary

  • A GREAT INVESTMENT OPPORTUNITY which currently generates approximately £35,520 per annum, due to rise to £39,000 in the upcoming months

Description

This is a fantastic investment opportunity in Scarborough, comprising six apartments, including one three-bedroom maisonette and five one-bedroom apartments, all with tenants in situ and rent guarantees. The property is located near the popular South Bay Beach and Esplanade, with a range of amenities nearby, including shops, restaurants, and a post office. The tenants are on assured short-hold tenancies, and the property is expected to generate a significant income, currently £35,520 per annum, set to rise to £39,000 in the coming months. With excellent energy efficiency ratings across the flats, this is a great chance to invest in a lucrative and sought-after area.
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