>
South Street, Scarborough, YO11 2BP 4 bed flat for sale
South Street, Scarborough, YO11 2BP
£40,000
South Street, Scarborough, YO11 2BP
£40,000
Our Summary
- Located at basement and ground floor levels and offering a great opportunity for refurbishment into two flats (subject to any consents required), this property will appeal to developers and investors
- To the rear is a large garage that could be made into additional living space (subject to planning consent)
- The property is in need of modernisation but offers great potential
- The property will be offered for sale by online auction with bidding commencing at 12
Description
This property, located in a lovely residential area, offers a great opportunity for refurbishment into two flats. The property currently comprises two interconnected units, each with its own entrance, and is in need of modernization. The basement offers one-bedroom accommodation, while the ground floor has three bedrooms. The property also features a large garage that could be converted into additional living space, subject to planning consent. The lot includes the basement and ground floor, as well as the reversionary interest from the three upper floor flats in the adjacent property, generating a ground rent income of £70 per annum. The property is being sold freehold with vacant possession upon completion and is listed as being in Council Tax Band A. It will be sold through online auction, with bidding commencing on July 28th, 2025.