Floorplan
Map
Area statsGuide price
£105,000Residential development for sale
Valley Bridge Parade, Scarborough
Residential development
1 bed
EPC rating: E
Key information
Tenure: Freehold
Council tax: Ask agent
Features and description
A well-positioned mixed-use investment property located on Valley Bridge Parade in the heart of Scarborough. The property comprises a ground floor commercial unit with prominent frontage, along with a self-contained residential flat above, both accessed independently.
Both the commercial unit and the residential accommodation are currently let, providing an immediate dual income stream and making this an attractive turnkey investment. The property benefits from a central location close to the town centre, transport links, and local amenities, ensuring strong ongoing demand from both commercial and residential tenants.
An excellent opportunity to acquire a fully tenanted mixed-use property in a well-established and accessible location.
Office -
Flat -
Lounge/Kitchen - 4.282 x 4.851 (14'0" x 15'10") -
Bedroom - 3.929 x 2.337 (12'10" x 7'8") -
Bathroom - 2.699 x 2.525 (8'10" x 8'3") -
Rental Income - Office - £3,199.92 per annum
Flat - £4,800.00 per annum
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Total - £7,999.92 per annum (7.62% rental yield)
Both the commercial unit and the residential accommodation are currently let, providing an immediate dual income stream and making this an attractive turnkey investment. The property benefits from a central location close to the town centre, transport links, and local amenities, ensuring strong ongoing demand from both commercial and residential tenants.
An excellent opportunity to acquire a fully tenanted mixed-use property in a well-established and accessible location.
Office -
Flat -
Lounge/Kitchen - 4.282 x 4.851 (14'0" x 15'10") -
Bedroom - 3.929 x 2.337 (12'10" x 7'8") -
Bathroom - 2.699 x 2.525 (8'10" x 8'3") -
Rental Income - Office - £3,199.92 per annum
Flat - £4,800.00 per annum
-------------------------------------
Total - £7,999.92 per annum (7.62% 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.
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