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Guide price

£105,000

1 bed property for sale
Valley Bridge Parade, Scarborough YO11

    • 1 bed

    • 1 bath

    • 1 reception

  • EPC Rating: E

  • Freehold

Colin Ellis Property Services

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About this property

    A well-located mixed-use property situated on Valley Bridge Parade in the heart of Scarborough. The premises comprise a ground floor commercial unit with excellent frontage and visibility, suitable for a range of retail or office uses, with separate access to a self-contained residential flat above.

    The residential accommodation is currently tenanted, providing an immediate and reliable rental income stream, making the property an attractive investment opportunity. Positioned close to the town centre, transport links, and local amenities, the property benefits from consistent footfall and strong letting potential.

    An ideal opportunity for investors seeking a mixed-use asset in a well-established and accessible location.

    Shop (4.83 x 3.22 (15'10" x 10'6"))

    Flat

    Lounge/Kitchen (4.292 x 4.582 (14'0" x 15'0"))

    Bedroom (2.714 x 4.288 (8'10" x 14'0"))

    Bathroom (1.928 x 2.663 (6'3" x 8'8"))

    Rental Income

    Commercial Unit - £4,420.00 per annum (Currently vacate - On the market)

    Flat - £5,400.00 per annum
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    Total - £9,820.00 per annum (9.35% rental yield)

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    Property descriptions and related information displayed on this page are marketing materials provided by - Colin Ellis Property Services. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Colin Ellis Property Services for full details and further information.