2 bedroom flat for sale

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2 bedroom flat for sale

Nelson Street, Scarborough YO12
£115,000

Our Summary

  • Situated in a convenient residential location, this property offers an excellent opportunity for renovation and investment
  • The building offers great potential throughout and the ground floor could be converted into an additional flat
  • The property requires a scheme of refurbishment, allowing the new owner to create a home or rental property to their own specification
  • Externally, the property features a large garage or workshop space, ideal for storage, or conversion (subject to necessary consents)
  • The Ground Floor - Workshop door opening to a large workshop / storage area that is in need of renovation or could easily be converted into a residential flat with the benefit of a garage (subject to planning)First Floor - Separate entrance door opening to stairs leading up to the first floor flat that has the benefit of a kitchen, lounge, two bedrooms and a bathroom / WC

Description

This property, situated in a convenient residential location in Scarborough town centre, offers a unique opportunity for renovation and investment. The building comprises a ground floor garage/lock-up and a two-bedroom flat on the first floor, with potential for conversion of the ground floor into an additional flat. The first floor flat requires refurbishment, allowing the new owner to create a home or rental property to their own specification. The property also features a large garage or workshop space, ideal for storage or conversion, subject to necessary consents. With on-street parking available to the front, the property is within walking distance to all main town centre amenities. The flat currently generates a below market rent of £80 per week, providing a potential for uplift once a scheme of modernisation is carried out.