1 bedroom apartment for sale

Eastborough, Scarborough YO11 1NH

Full description

Size: 38 sqm

Add a fabulous seaside property to your portfolio with this great investment opportunity in Scarborough – tenanted for immediate income with NET yields in excess of 6%! Walking distance to the harbour! more info...

We are pleased to present this one bedroom apartment in the heart of Scarborough perfectly situated minutes from the harbour and Scarborough West Pier.

The property is offered unfurnished and features spacious rooms and ample storage space as well as a fully fitted kitchen leading to a private back garden. Situated local to all amenities, including being only 0.7 miles from the Brunswick Shopping Centre and 0.9 miles to Scarborough Railway Station.

Scarborough is one of England’s most well-known old coastal towns, situated in North Yorkshire, between an hour and 90 minutes on the train from Hull, Leeds and York making it a busy town for tourists as well as the ever-growing population.

Work is afoot to continue bringing in visitors, from a new tourism campaign to the revival of the local spa and Alpamare water park. The Beach Boys even played a gig in the open-air theatre in May.

The apartment offers a perfect investment opportunity, where the emphasis is on long-term asset stability. House prices in the area have risen by 18% in the last 5 years (Zoopla – September 2018) making now the perfect time for a lucrative investment.

Less info

Key features

Key features NET yields in excess of 6%
Key features Situated in a well known seaside town
Key features Local to all amenities
Key features Ample storage space
Key features Only 0.9 miles to Scarborough station
Key features Private back garden
Key features Fully fitted kitchen

EPC

Financial Performance*

Purchase price £45,495
Gross rent £3,780
Ground rent £0
Service charge £350
Lettings fees £324
Net income £3,106
Gross yield 8.31%
Net yield 6.83%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

1 bedroom apartment for sale

Eastborough, Scarborough YO11 1NH,

Purchase price £45,495
Gross rent £3,780
Ground rent £0
Service charge £350
Lettings fees £324
Net income £3,106
Gross yield 8.31%
Net yield 6.83%

Full description

Add a fabulous seaside property to your portfolio with this great investment opportunity in Scarborough – tenanted for immediate income with NET yields in excess of 6%! Walking distance to the harbour! more info...

We are pleased to present this one bedroom apartment in the heart of Scarborough perfectly situated minutes from the harbour and Scarborough West Pier.

The property is offered unfurnished and features spacious rooms and ample storage space as well as a fully fitted kitchen leading to a private back garden. Situated local to all amenities, including being only 0.7 miles from the Brunswick Shopping Centre and 0.9 miles to Scarborough Railway Station.

Scarborough is one of England’s most well-known old coastal towns, situated in North Yorkshire, between an hour and 90 minutes on the train from Hull, Leeds and York making it a busy town for tourists as well as the ever-growing population.

Work is afoot to continue bringing in visitors, from a new tourism campaign to the revival of the local spa and Alpamare water park. The Beach Boys even played a gig in the open-air theatre in May.

The apartment offers a perfect investment opportunity, where the emphasis is on long-term asset stability. House prices in the area have risen by 18% in the last 5 years (Zoopla – September 2018) making now the perfect time for a lucrative investment.

Key features

TicksNET yields in excess of 6%
TicksSituated in a well known seaside town
TicksLocal to all amenities
TicksAmple storage space
TicksOnly 0.9 miles to Scarborough station
TicksPrivate back garden
TicksFully fitted kitchen

Amenities

Bus Bus
City Centre City Centre
Close To Public Transport Close To Public Transport
Fitted Kitchen Fitted Kitchen

EPC

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.