1 bedroom flat for sale

>

1 bedroom flat for sale

Royal Avenue, Scarborough, YO11
£80,000

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, with a tenant in residence and strong potential for rental returns. The property features one bedroom, a kitchen with dining, and a three-piece bathroom, as well as communal private parking and a rear garden. Currently generating an annual gross income of £7,020, this property offers a worthwhile addition to an investor's portfolio. The tenant has been residing in the property for a year and plans to continue their tenancy, providing a smooth transition for the buyer. With its convenient location and stable rental income, this property is a fantastic opportunity for investors looking to expand their portfolio.