Studio apartment for sale

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Studio apartment for sale

Trafalgar Square, Scarborough, YO12 7PY
£170,000

Our Summary

  • ViewingsStrictly by appointment with Auction House on or the joint agents Reeds Rains on

Description

This property, located at 56 Trafalgar Square, Scarborough, is a mid-terrace block of four one-bedroom self-contained apartments, with tenants in situ in all but one flat. The apartments generate a gross annual income of £24,060, representing a gross yield of 12.86% based on the maximum reserve price. The property is situated in a short walk to the town center and North Bay Beach, with a parade of local shops nearby. Each flat has its own unique features, including a rear garden for Flat 1, and the property also has a new roof installed in 2024. The property is freehold, with existing tenancies in place, and is sold subject to these tenancies. Viewings are strictly by appointment with the agents.