Block of flats for sale

Morgan Street, Scarborough YO12

A portfolio of 2 flats located in Scarborough with tenants currently situated. They are currently generating steady, rewarding rental returns for the current landlord.

For investors looking for a rewarding investment, this is a brilliant opportunity!

Flat 1 comprises two bedrooms, a spacious lounge, a modern three-piece bathroom, and a fully equipped kitchen. The property also benefits from on-street parking and is currently tenanted.

Flat 2 is currently operating as a holiday let, generating a gross income of £15,100 in 2024. The property offers two well-proportioned bedrooms, a modern three-piece bathroom, a spacious lounge, and a fully equipped kitchen with ample storage. From the kitchen, doors open onto a raised decked area at the rear.

Investment details

The portfolio currently produces an annual gross income of £15,900. Considering the purchase price and the potential rental income that could be earned in future years 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.

If you are interested, please call us.

Let Property is committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyer's Premium will apply in order to secure a property.