1 bedroom apartment for sale

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1 bedroom apartment for sale

Princess Royal Terrace, Scarborough
£75,000

Our Summary

  • In summary, this one-bedroom flat on Princess Royal Terrace is a rare find, combining a prime location, solid investment potential, and a welcoming living environment

Description

This one-bedroom apartment on Princess Royal Terrace in Scarborough's desirable South Cliff area offers a rare opportunity for first-time buyers and investors alike. The property features a comfortable reception room, well-appointed bedroom, and modern bathroom, with a converted loft providing additional storage. With gas central heating throughout, the flat ensures a warm and inviting atmosphere, making it an ideal retreat at any time of the year. The property is leasehold with a generous 999-year lease, providing peace of mind for future ownership. With a potential tenant already in situ, the apartment presents a promising net yield of over 8%, making it an attractive option for those looking to expand their property portfolio. The South Cliff area is known for its charming surroundings and proximity to local amenities, including shops, restaurants, and beautiful coastal walks, making this apartment a rare find that combines a prime location, solid investment potential, and a welcoming living environment.