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1 bedroom flat for sale
Royal Avenue, Scarborough, YO11
£80,000
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.