Full details for 18 Bedroom For Sale in Scarborough

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Description

Valley Road, Scarborough - This prominent building is situated close to the picturesque South Bay and not only offers a beautiful setting but also the potential for a good investment. The property is currently arranged as an investment block of 11 self contained flats, which are all fully let and generates a current gross income of circa, £72,260 per annum.

The Building - An impressive 4 storey building that is currently arranged as 11 self contained letting units with a mix of one and two bedrooms, they are all currently let on Assured Shorthold Tenancies (AST) and generate a gross rental income of approximately £68,292 per annu,m . The building stands within its own grounds with extensive gardens to the rear.

Tenure - Freehold and to be sold as an investment with the tenants in situ.

Viewing - Strictly by prior appointment with sole agents Colin Ellis Property Services on

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Rental Income - Flat 1 £6,760
Flat 2 £6,500
Flat 3 £7,280
Flat 4 £8,400
Flat 5 £6,000
Flat 6 £5,040
Flat 7 £6,240
Flat 8 £5,640
Flat 8A £6,000
Flat 9 £6,600
Flat 10 £7,800

TOTAL £72,260 per annum when fully let

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