Royal Avenue, Scarborough 6 bed block of apartments for sale

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Royal Avenue, Scarborough 6 bed block of apartments for sale

Royal Avenue, Scarborough YO11
£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, offers a freehold property comprising five self-contained apartments across four floors, with a total internal area of approximately 2,917 sq ft. The property generates an annual rental income of around £35,000 and features a mix of one- and two-bedroom flats, including a two-bedroom ground-floor apartment and four one-bedroom apartments on the first, second, and third floors. 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 you're an investor looking to expand your portfolio or a homeowner seeking a multi-generational living arrangement, this property presents a promising opportunity for rental income and a fantastic living environment.