Langdale Road, Scarborough 2 bed apartment for sale

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Langdale Road, Scarborough 2 bed apartment for sale

Langdale Road, Scarborough
£50,000

Our Summary

  • For Sale by Modern Method of Auction; Starting Bid Price £50,000 plus Reservation Fee
  • While the current rental income is below market rate due to the long-term tenancy, this presents an excellent investment opportunity with potential for future rental growth
  • GREAT INVESTMENT OPPORTUNITY
  • Great investment opportunity

Description

This two-bedroom top-floor flat is being sold by auction with a starting bid price of £50,000 plus a reservation fee. The property benefits from a long-term sitting tenant of 10 years, providing immediate rental income. Located in a desirable area close to Peasholm Park and the town center, the flat features a bright and spacious layout with two well-proportioned bedrooms, a kitchen, and a bathroom with a bath and overhead shower. The property has on-street parking and easy access to local amenities, and its current rental income is below market rate due to the long-term tenancy, presenting an excellent investment opportunity with potential for future rental growth.