Block of Apartments

Victoria Road, Scarborough YO11 1SF

Size: sqm

Purchase price

£180,000

Size: sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £12,504
Lettings fees £1,050
Net income £11,454
Gross yield 6.95%
Net yield 6.36%

Yieldit is delighted to offer onto the market this freehold property which has been split into three self contained flats all with separate entrances, each flat has one bedroom, fully-fitted kitchen and bathroom. All are spacious and tenanted for immediate income.

The Brunswick Shopping Centre, with over 30 shops, is in the centre of Scarborough. The Holly Plaza Cinema is very local and Scarborough has an open air theatre for great summer nights. Being a holiday destination Scarborough has no shortage of restaurants and bars too. Scarborough also has a railway station and is close to transport links.

Scarborough harbour and marina have recently undergone major regeneration including the new Albert Strange Pontoons, a more pedestrian-friendly promenade, street lighting and seating. The recent improvements to the inner harbour with the installation of pontoons to accommodate 60 permanent berths have transformed the Sandside area.

The price growth in Scarborough is lower than the national average, with the 2 year growth at 0.9 times the national average. Compared to other areas, YO11 is a relatively inexpensive area, with an average price -52.9% lower than the national average. The average house price in Scarborough, YO11 is £171,811 and the average rent is £916.

**EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT PROPERTY**FREEHOLD PROPERTY**

Interested in this property? Enquire today for more information

Key features

Key features

FREEHOLD PROPERTY

Key features

GREAT TRANSPORT LINKS

Key features

THREE SELF CONTAINED FLATS

Key features

FANTASTIC YIELD

Key features

ALL HAVE SEPERATE ENTRANCES

Key features

WELL PRESENTED THROUGHOUT

Key features

Freehold

**EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT PROPERTY**FREEHOLD PROPERTY** More info...

Yieldit is delighted to offer onto the market this freehold property which has been split into three self contained flats all with separate entrances, each flat has one bedroom, fully-fitted kitchen and bathroom. All are spacious and tenanted for immediate income.

The Brunswick Shopping Centre, with over 30 shops, is in the centre of Scarborough. The Holly Plaza Cinema is very local and Scarborough has an open air theatre for great summer nights. Being a holiday destination Scarborough has no shortage of restaurants and bars too. Scarborough also has a railway station and is close to transport links.

Scarborough harbour and marina have recently undergone major regeneration including the new Albert Strange Pontoons, a more pedestrian-friendly promenade, street lighting and seating. The recent improvements to the inner harbour with the installation of pontoons to accommodate 60 permanent berths have transformed the Sandside area.

The price growth in Scarborough is lower than the national average, with the 2 year growth at 0.9 times the national average. Compared to other areas, YO11 is a relatively inexpensive area, with an average price -52.9% lower than the national average. The average house price in Scarborough, YO11 is £171,811 and the average rent is £916.

  • Key features
    Tick Desktop FREEHOLD PROPERTY
    Tick Desktop GREAT TRANSPORT LINKS
    Tick Desktop THREE SELF CONTAINED FLATS
    Tick Desktop FANTASTIC YIELD
    Tick Desktop ALL HAVE SEPERATE ENTRANCES
    Tick Desktop WELL PRESENTED THROUGHOUT
    Key features

    Freehold

  • LocationLocation

*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 £12,504
Lettings fees £1,050
Net income £11,454
Gross yield 6.95%
Net yield 6.36%

*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.