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Ramshill Road and Albion House... 7 bed block of apartments for sale
Ramshill Road and Albion House, Scarborough, YO11 2LN
£350,000
Ramshill Road and Albion House, Scarborough, YO11 2LN
£350,000
Our Summary
- FREEHOLD investment opportunity, this substantial four storey corner building that stands prominently on the corner of Ramshill Road and Albion Crescent
Description
This substantial four-storey corner building in Scarborough is a unique investment opportunity. The ground floor retail unit is leased for £12,000 per annum, while the upper floors feature four self-contained flats that can generate a gross income of around £20,000 per annum when fully let. The property has an impressive corner location, with a prominent frontage on Ramshill Road and Albion Crescent. The accommodation includes a lower ground floor, three upper floors, and a basement, with a total floor area of approximately 1,330 square feet. The property has a mix of modern and period features, including timber framed windows, radiators, and a Vokera combi boiler. The flats are accessed from Albion Crescent and have communal stairs leading to the upper floors. The property is located in a busy area with a range of local amenities, including Sainsbury's and Pizza Hut.