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Alga Terrace, Scarborough YO11 1 bed flat for sale
Alga Terrace, Scarborough YO11
£55,000
Alga Terrace, Scarborough YO11
£55,000
Our Summary
- It is conveniently close to essential amenities, offers strong potential for rental returns, and has a tenant in residence
- Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investor's property portfolio
- Please see the Let Property Pack linked below for greater details on this property's investment potential
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
- Investment potential detailed below (Let Property Pack)
Description
This 1-bedroom flat in Scarborough is an excellent investment opportunity for those looking to expand their portfolio. The property is conveniently located near essential amenities and has a tenant in residence, generating an annual gross income of £6,600. The current tenants have been living there for several years and have a good payment history, with no plans to move out. The property features one bedroom, a three-piece bathroom, a kitchen, and private garage parking, making it a worthwhile addition to any investor's portfolio. With its strong potential for rental returns and a tenant already in place, this property offers a smooth and secure investment opportunity for those looking to grow their property portfolio.