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.
Property Checks
Property Tenure
Verified as Leasehold
Property Tenure documentation has been provided to Let Property and has been Verified.
EICR
EICR documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.
Gas Safety
Gas Safety documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.
EPC
EPC documentation has been provided to Let Property and has been Verified.
Council Tax Band
Council Tax Band: A
Interactive street-level view of the property location and surrounding area.
Appreciation
Service Charge
Indicated