Floorplans (
Map
Area statsGuide price
£105,000Residential development for sale
Valley Bridge Parade, Scarborough
Residential development
1 bed
Key information
Tenure: Freehold
Council tax: Ask agent
Features and description
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
--------------------------------------------------
Total - £9,820.00 per annum (9.35% rental yield)
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
--------------------------------------------------
Total - £9,820.00 per annum (9.35% rental yield)
Property information from this agent
Area statistics
Crime score
High crime
10/10
About this agent
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.
Similar properties
Discover similar properties nearby in a single step.
