Royal Avenue, Scarborough YO11 2 bed flat for sale

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Royal Avenue, Scarborough YO11 2 bed flat for sale

Royal Avenue, Scarborough, YO11
£135,000

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 2-bedroom flat in Scarborough is a fantastic investment opportunity for those looking to expand their portfolio. The property is conveniently located near essential amenities and has a tenant in residence, generating an annual gross income of £9,540. The flat itself is well-maintained and features two bedrooms, a lounge, family room, kitchen with dining, and three-piece bathroom, as well as on-street parking. The current tenants have been paying their rent on time for the past two years and wish to continue their tenancy, making for a smooth transition for the new buyer. With its strong potential for rental returns and existing tenant, this property is a worthwhile addition to any investor's portfolio.