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Aberdeen Walk, Scarborough, YO11 Mixed use for sale
Aberdeen Walk, Scarborough, YO11
£560,000
Aberdeen Walk, Scarborough, YO11
£560,000
Our Summary
- INVESTMENT OPPORTUNITY OF 8 APARTMENTS IN SCARBOROUGH TOWN CENTRE ALL CURRENTLY LET WITH INCOME OF APPROXIMATELY 40,000 PER ANNUMInvestment Opportunity – Block of 8 Apartments in Scarborough Town CentreGuide Price: £450,000 | Potential Gross Income: £40,000 per annum (Fully Let)A rare opportunity to acquire a fully residential investment block situated in the heart of Scarborough Town Centre, just moments from shops, transport links, and the seafront
- Key Features:Central location within walking distance to all amenities and public transportGas central heating and partial double glazing (subject to individual unit specifications)Potential to enhance rental yield through modernisation or management improvementsCouncil Tax Bands: A (most units)No onward chain – available with tenants in situ This is an excellent opportunity for investors seeking strong rental demand and immediate income in a popular coastal town
- Investment Opportunity
Description
This is an investment opportunity to acquire a fully residential block of 8 apartments in the heart of Scarborough Town Centre, with a guide price of £450,000 and a potential gross income of £40,000 per annum. The property is currently fully let, with 6 one-bedroom apartments and 2 studio apartments, and is well-positioned for long-term rentals. The apartments are situated just moments from shops, transport links, and the seafront, making it an attractive proposition for buy-to-let investors or portfolio builders. The property benefits from gas central heating and partial double glazing, and has a strong potential to enhance rental yield through modernisation or management improvements. With no onward chain and tenants in situ, this is an excellent opportunity for investors seeking strong rental demand and immediate income in a popular coastal town.