6 bed block of flats for sale

Royal Avenue, Scarborough YO11

A rare investment opportunity, this freehold property comprises five self-contained apartments arranged over four floors, offering a total internal area of approximately 2,917 sq ft. The property presents a mix of one- and two-bedroom flats, generating an approximate annual rental income of £35,000.

The ground floor features a two-bedroom apartment with a living room, kitchen and dining area, two bedrooms, and a shower room. On the first floor, there are two one-bedroom apartments: The first with an open-plan kitchen and living area, one bedroom, and a bathroom, and the second with a separate living room, kitchen, one bedroom, and a bathroom. The second floor contains a one-bedroom apartment with a living and dining area, kitchen, bedroom, and bathroom, while the third floor offers a one-bedroom apartment with a living and kitchen area, bedroom, and shower room.

Situated on Royal Avenue in Scarborough, UK, the property benefits from a convenient location, close to local amenities and transport links, making it an attractive prospect for both tenants and investors.

This block of flats not only offers a fantastic living environment but also presents a promising opportunity for rental income. Whether you are an investor looking to expand your portfolio or a homeowner seeking a multi-generational living arrangement, this property is sure to meet your needs. Do not miss the chance to own a piece of this desirable location in Scarborough.

Hmrc

Should you wish to proceed with an offer on this property we are obliged by hmrc to conduct mandatory Anti Money Laundering Checks. We outsource these checks to our compliance partners at Coadjute and they charge a fee for this service