Skip to main content

No longer on the market

This property is no longer on the market

Dji 20240620132622 0061 d.jpg
Dji 20240620132634 0062 d.jpg
Dji 20240620132701 0063 d.jpg
Dji 20240620132726 0064 d.jpg
Untitled.png

8 bedroom block of apartments

Sold STC
Block of apartments
8 beds
4 baths
4188
Added > 14 days

Key information

TenureFreehold
Council taxAsk agent
BroadbandSuper-fast 80Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Block of four self contained flats
  • Freehold
  • Investment opportunity
  • Gross income of approx £25,172 pa
Valley Road, Scarborough - This prominent building is situated close to the picturesque South Bay and not only offers a beautiful setting but also the potential for a good investment / development opportunity. The property is currently arranged as a block of 4 self contained 2 bedroom flats, which are all fully let and generate a current gross income of circa, £25,172 per annum.

The Building - An impressive 4 storey building that is currently arranged as 4 self contained letting units, all with two bedrooms. They are all currently let on Assured Shorthold Tenancies (AST) and generate a gross rental income of £25,172 per annum.

Tenure - Freehold and to be sold as an investment with the tenants in situ.

The Flats - Flat 112 beds
Flat 122 beds
Flat 142 beds
Flat 152 beds

Viewing - Strictly by prior appointment with sole agents Colin Ellis Property Services on[use Contact Agent Button]

Rental Income - Flat 11£6,500
Flat 12£6,240
Flat 14£6,720
Flat 15£5,712

TOTAL £25,172 per annum when fully let

to view all our commercial listings please visit
Note - The adjoining property 1 - 3 Valley Road is also available- This property is currently arranged as an investment block of 11 self contained flats that comprise a mix of 6 x 2 bedroom, 4 x 1 bedroom and 1 x 3 bedroom flat, which are all fully let and generates a current gross income of circa, £72,260 per annum and is suitable for redevelopment. Guide Price £890,000

Property information from this agent

Visit agent website

About this agent

Colin Ellis Estate Agents - Scarborough, Sales
Colin Ellis Estate Agents - Scarborough, Sales
49 Aberdeen Walk Scarborough YO11 1BD
01723 266928
Full profileProperty listings
Colin Ellis Property Services was established back in 1991, and we have evolved and positioned ourselves as the premier Estate Agent on the East Coast of Yorkshire. With over 100 years combined experience from the partners and staff, and having traded through most market conditions, we are experts in the property market and can provide buyers and sellers with sound independent advice and support. We are committed to offering the most comprehensive service and boast a number of departments to complement our Residential Sales, including a Commercial Department and Land & New Homes. We are also General Practice Chartered Surveyors and are retained by a number of major banks, institutions, private individuals and companies who rely on our qualified expertise in property related matters ranging from Market Valuation Reports, HomeBuyer Surveys, Rent Reviews and Schedule of Conditions.
... Show more

See more properties like this

*Disclaimer and call rate information...