6 bedroom block of apartments for sale

>

6 bedroom block of apartments for sale

Royal Avenue, Scarborough
£350,000

Our Summary

  • A rare investment opportunity, this freehold property comprises five self-contained apartments arranged over four floors, offering a total internal area of approximately 2,917 sq ft

Description

This rare investment opportunity in Scarborough, UK, comprises five self-contained apartments over four floors, offering a total internal area of approximately 2,917 sq ft. The property generates an approximate annual rental income of £35,000 and features a mix of one- and two-bedroom flats. The apartments are arranged over four floors, with the ground floor featuring a two-bedroom apartment, and the first, second, and third floors each containing one-bedroom apartments. Situated on Royal Avenue, the property benefits from a convenient location close to local amenities and transport links, making it an attractive prospect for both tenants and investors. Whether an investor looking to expand their portfolio or a homeowner seeking a multi-generational living arrangement, this property presents a promising opportunity for rental income and a fantastic living environment.