No longer on the market
This property is no longer on the market
Floorplan
MapMixed use
Auction
Chain-free
Mixed use
24 beds
7082
EPC rating: D
Key information
Tenure: Freehold
Council tax: Ask agent
Broadband: Super-fast 75Mbps *
Mobile signal:
EEO2ThreeVodafone
Features and description
- 24 Bedroom HMO Block
- Rental Income Of Near £140,000 PA
- Scarborough Town Centre Location
- Fully Licensed
- Freehold Also
- Rare Opportunity
- Grade II Listed Building
Video tours
Offered with NO ONWARD CHAIN is this excellent INVESTMENT OPPORTUNITY of a 24 Bedroom HMO LICENSED BUILDING. A well run property ready to earn you an income from day one. Annual income in excess of £130,000 in 2024
Harris Shields Collection are pleased to offer to auction this fully occupied 24 BEDROOM HMO BLOCK in Scarborough available with no onward chain. Nestled within the welcoming town of Scarborough, this exceptionally well run quality property is close to a host of amenities,
Currently occupied there are immediate benefits from returns as the property will be sold with occupants in situ, guaranteeing a steady stream of rental yields. Overall this property is well presented, efficiently run and ready to provide high yields from day one after purchase. We would highly recommend this to any potential investors looking for a 'ready to go' investment.
ANNUAL INCOME IN 2024 IN EXCESS OF £130,000
The property is a smart well presented Grade II listed building comprises of 5 floors in total with lift access to each floor, it benefits from double glazing and gas central heating throughout. All the rooms are furnished with premium quality solid wood furniture with a wardrobe, desk and storage and have a double or single bed. The lower ground floor has a modern well thought out kitchen with ample cooking facilities, cupboard space for each of the residents and individual fridge space for all, with a relaxing communal area with comfy sofas, dining table and recreation area for the occupants to enjoy.
This property is covered by motion sensor cameras which ensures security for all residents throughout their occupancy. Two of en-suite bedrooms are also on this floor. The ground floor boasts another large front facing bay windowed communal lounge area for guests to enjoy and 3 more en-suite bedrooms. There is a self-contained wardens flat which could also be let for further income, plus a room that is currently used for storage. On the first floor there are two large bay windowed en-suite rooms and a further five en-suite rooms across this floor and a useful room for storage. The second floor has one bay windowed en-suite bedroom and seven more en-suite rooms. On the third floor there are four good sized en-suite rooms.
Harris Shields Collection are pleased to offer to auction this fully occupied 24 BEDROOM HMO BLOCK in Scarborough available with no onward chain. Nestled within the welcoming town of Scarborough, this exceptionally well run quality property is close to a host of amenities,
Currently occupied there are immediate benefits from returns as the property will be sold with occupants in situ, guaranteeing a steady stream of rental yields. Overall this property is well presented, efficiently run and ready to provide high yields from day one after purchase. We would highly recommend this to any potential investors looking for a 'ready to go' investment.
ANNUAL INCOME IN 2024 IN EXCESS OF £130,000
The property is a smart well presented Grade II listed building comprises of 5 floors in total with lift access to each floor, it benefits from double glazing and gas central heating throughout. All the rooms are furnished with premium quality solid wood furniture with a wardrobe, desk and storage and have a double or single bed. The lower ground floor has a modern well thought out kitchen with ample cooking facilities, cupboard space for each of the residents and individual fridge space for all, with a relaxing communal area with comfy sofas, dining table and recreation area for the occupants to enjoy.
This property is covered by motion sensor cameras which ensures security for all residents throughout their occupancy. Two of en-suite bedrooms are also on this floor. The ground floor boasts another large front facing bay windowed communal lounge area for guests to enjoy and 3 more en-suite bedrooms. There is a self-contained wardens flat which could also be let for further income, plus a room that is currently used for storage. On the first floor there are two large bay windowed en-suite rooms and a further five en-suite rooms across this floor and a useful room for storage. The second floor has one bay windowed en-suite bedroom and seven more en-suite rooms. On the third floor there are four good sized en-suite rooms.
Property information from this agent
About this agent
Formally Harris Bell. We have recently rebranded to Harris Shields Collection to refresh and modernise our brand, however our core values are just the same. The team headed by Mark Shields M.N.A.E.A ( Director) with Leanne Prosser M.A.R.L.A ( Director ), Ralph Shalom ( Consultant ) and Ellie Winter( Lettings Negotiator ), Caitlin MacCallaugh ( Lettings Negotiator ) live and breathe property, it's our passion. Eager to prove, our reviews speak for themselves winning awards for customer experience four years running, most recently we have been votd best agent in Yorkshire at the Guild Of Property Professionals awards in London in 2022, 2023, 2024 and 2025. PLUS OVER 250 GOOGLE REVIEWS.But its more than that, combined with our targeted marketing we have an excellent sales and lettings record. We prioritise local knowledge, extraordinary customer service and a total belief to always have the clients’ interest at the forefront of everything. Also all our properties are marketed through our office in Park Lane London. Harris Shields Collection is constantly evolving, ensuring that we are at the front with the latest technology to enable our clients to access the information they want, when and how they want it. Ring or email to organise a no obligation market appraisal so we can explain how we successfully sell and let property.