Royal Avenue, Scarborough YO11 1 bed flat for sale

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Royal Avenue, Scarborough YO11 1 bed 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 a fantastic investment opportunity, offering strong potential for rental returns. The property is conveniently located near essential amenities and has a tenant in residence, currently generating an annual gross income of £6,900. The property features one bedroom, a lounge, a kitchen, and a three-piece bathroom, as well as communal private parking and a front garden. The current tenants have been paying their rent on time and wish to continue their tenancy, providing a stable and reliable income stream for the new owner. With its attractive purchase price and potential for future rental income, this property is a worthwhile addition to any investor's portfolio.