1 bedroom apartment

Eastborough, Scarborough YO11 1NH

Size: 38 sqm

Purchase price

£45,495

Size: 38 sqm

SQM

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £3,780
Service charge £350
Lettings fees £363
Net income £3,067
Gross yield 8.69%
Net yield 7.05%

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!


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 – November 2018) making now the perfect time for a lucrative investment.

Interested in this property? Enquire today for more information

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

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 – November 2018) making now the perfect time for a lucrative investment.

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

*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.

Breakdown
Financial performance*
Gross rent £3,780
Service charge £350
Lettings fees £363
Net income £3,067
Gross yield 8.69%
Net yield 7.05%

*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.