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13 bedroom terraced house for sale
7 Blands Cliff, Scarborough, North Yorkshire, YO11 1NR
£140,000
7 Blands Cliff, Scarborough, North Yorkshire, YO11 1NR
£140,000
Our Summary
- FOR SALE BY ONLINE AUCTION - Freehold terrace house with planning permission to be developed into a 13 bedroom HMO Description Vacant five-storey mid-terrace house Full planning consent granted (17th December 2024) for: Conversion to a 13 bedroom all en-suite HMO (Sui Generis) Projected gross rental income of £80,000£90,000 per annum upon completion Ideal opportunity for both local and national investors Former B&B property with significant redevelopment potential Location 7 Blands Cliff is located within a 10-minute walk of Scarborough town centre and the seafront
- Planning North Yorkshire Council has granted the following planning permission REF: ZF24/01098/FL (03-07-2024) For 'Conversion of vacant visitor accommodation to a 13 bedroom HMO (Sui Generis)'
Description
This vacant five-storey mid-terrace house in Scarborough has been granted full planning consent to be converted into a 13-bedroom all-en-suite House of Multiple Occupation (HMO). With a projected gross rental income of £80,000 to £90,000 per annum, this property presents an ideal opportunity for local and national investors. The former B&B property is located within a 10-minute walk of Scarborough town centre and the seafront, with easy access to local amenities, shops, and transport links. The approved plans include a large communal area and bike store, making it an attractive option for students, professionals, or tourists. With significant redevelopment potential, this property offers a unique chance to capitalize on the growing demand for HMOs in the area.