Block of flats

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Block of flats

Morgan Street, Scarborough YO12
£252,000

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 greater detail on this property's investment potential, please see the Let Property Pack linked below
  • Investment potential detailed below (Let Property Pack)

Description

This portfolio of two flats in Scarborough is a lucrative investment opportunity, generating a steady annual gross income of £6,900 with tenants already in place. Flat 1 boasts two bedrooms, a lounge, kitchen, and three-piece bathroom, along with a patio, veranda, and on-street parking. Flat 2 features two bedrooms, two bathrooms, a lounge, and kitchen, with a patio and on-street parking. With its potential for future rental income and the current purchase price, this property is an attractive addition to any investor's portfolio.