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Nelson Street, Scarborough 2 bed flat for sale
Nelson Street, Scarborough YO12
£120,000
Nelson Street, Scarborough YO12
£120,000
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 in Scarborough town centre offers a unique opportunity for renovation and investment. The building comprises a ground floor garage/workshop with a separate entrance leading to a two-bedroom flat on the first floor. The property requires a scheme of refurbishment, allowing the new owner to create a home or rental property to their own specification. The ground floor garage/workshop space is ideal for storage or conversion into a residential flat, subject to necessary consents. The first-floor flat includes a living area, kitchen, two bedrooms, and a bathroom, with on-street parking available to the front. The property is currently let to tenants on an AST, generating a below-market rent of £4,160 per annum, which could easily be increased once modernization work is carried out.