Block of flats

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Block of flats

Cambridge Street, Scarborough YO12
£182,500

Our Summary

  • Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investor's property portfolio
  • For more detailed information on this property's investment potential, please refer to the Let Property Pack linked below
  • Investment potential detailed below (Let Property Pack)

Description

This portfolio of two flats in York is currently generating a steady annual gross income of £14,640 from tenants already in residence. The properties boast four bedrooms, two bathrooms, two lounges, and two kitchens, as well as a private rear garden, veranda, balcony, and on-street parking. With a potential for future rental income, this is a rewarding investment opportunity for those looking to expand their property portfolio. The current landlord has enjoyed steady returns, and with the right buyer, this property has the potential to continue providing a lucrative income stream.