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5 bed Not Specified property

Available

For Sale

Listed Jul 16, 2025

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£265,000

Available

Mouseprice is the only UK property site with a Value Guide. We have compared the asking price to our own Mouseprice valuation to help you make an informed decision when buying or renting your next property.

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The Mouseprice Value Guide tells you how the asking price of a property compares to the market price of other properties with similar attributes including property type, location and floor area. Note that some aspects of a property are not considered by the Value Guide such as the condition and home improvements so it is important you do your own research.

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Description

"Investment Opportunity.....
Block of 5 Self Contained Flats in a Prime Scarborough Location.
An Exceptional opportunity to acquire a freehold block of 5 flats just a short walk from the beach with local amenities and shops located nearby.

Scarborough is a thriving coastal town with a constant rental
demand driven by a mix of professionals, retirees and seasonal
visitors.
The blocks prime location by the beach, close to the town centre
and transport links enhances its long term capital growth
potential.
Whether you re looking to expand an existing portfolio or secure
a hands off income generating asset, this well maintained block
offers flexibility, solid returns, and the reliability of
Scarborough s growing rental market.

Property Highlights
5 Spacious Flats 3 Two Bedrooms Units and 2 One Bedroom
Units Along with the ground floor commercial unit
5 Properties tenanted 1 vacant.

Commercial Unit £200 per calendar month
Flat 1 £500 per calendar month.
Flat 2 £500 per calendar month.
Flat 3 £425 per calendar month.
Flat 4 Empty.
Flat 5 £450 per calendar month.
Average Annual Yield £22,500
Well maintained communal areas.
Scope for further improvement.
Separate utility meters for each unit.
The block presents a rare chance to purchase a ready made rental
portfolio ideal for both seasoned investors and those entering the
buy to let market for the first time.

"