12 bedroom terraced house for sale
Key information
Property description & features
- Block of 9 Flats
- Investment Opportunity
- Selective Licensing Compliant
- Excellent Income
- To be sold with tenants
- 3 x 2 Bedroom Flats
- 6 x 1 Bedroom Flats
Description - The property comprises a mid terrace, brick constructed block of nine flats, arranged over lower ground, ground, first, second and third floors, being held under a pitched and slated roof. The flats are accessed via a communal entrance door from Queen Street with emergency lighting and smoke alarms being noted within the hallway and stairs leading both to the upper floors and lower ground floor.
Rental Income - F1) £420 pcm
F2) £475 pcm
F3) £475 pcm
F4) £440 pcm
F5) £450 pcm
F6 £375 pcm
1A) £500 pcm
1B) £525 pcm
1C) £520 pcm
TOTAL £4,180 pcm (£50,160 pa)
Location - Scarborough is an established commercial, tourist and retail centre, approximately 40 miles east of York with a population of in the region of 81,000 people and a district population of around 110,000 persons (Sources: ONS and Focus). The town is adjacent to the North Yorkshire Moors National Park and is one of the principal resorts on the north east coast attracting an estimated 7 million visitors a year.
Queen Street lies within the heart of Scarborough town centre and links Castle Road to Newborough and is a mixed use locality with a number of commercial operators such as Boyes Superstore, Scarborough Snooker Centre and The Lanterna Restaurant being located within the vicinity. Scarborough's famous South Bay is a 5 minute walk from the subject premises. Some of the eastern facing flats enjoy stunning views of the South Bay and Scarborough Castle.
Services - The property appears to be connected to all main services. Prospective purchasers are advised to make their own enquiries with regards to services connected.
Viewing - Strictly via sole agents, Colin Ellis Property services on[use Contact Agent Button]
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Broadband availability and predicted speed: obtained from Ofcom on February 16, 2022
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Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on February 16, 2022
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on January 26, 2022 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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