Property Description

A rare opportunity to purchase a freehold block of 10 apartments in North Yorkshire, the development consists of 3 x 2 Beds and 7 x 1 Bed apartments offering the potential to generate a healthy and enviable yearly income in excess of £85,000 per annum. The property boasts in excess of 4,500sq ft of lettable accommodation as well as the lower ground floor which we have been reliably informed could potentially be converted in to an additional 4 x 1 bed apartments (STPP) and generate a further £30,000 per annum of rental income. 3 x 2 Bedroom apartments (High Ceilings and storage space) Hall, Living Room, separate kitchen, 2 double bedrooms, Bathroom 6 x 1 Bedroom apartments Hall, Living Room, separate kitchen, double bedroom, bathroom 1 x 1 Bedroom apartment Open plan living / kitchen /dining room, bedroom, bathroom The Block of Apartments are located in Scarboroughs Leafy South cliff a short walk from Ramshill shopping parade. The property is well placed for a wealth of local amenities and attractions nearby, including The Esplanade, Scarboroughs South Bay, the beach, Scarborough town centre, a choice of popular schools and colleges, golf courses, Olivers Mount, a choice of popular eating and drinking establishments as well as excellent access to public transport links.

Additional Information:

Construction Material: Standard brick. Heating: Mains gas. Coverage: Broadband - Standard and Superfast is available in this location. Mobile signal - O2, Three and vodafone show as high in this area, and EE as medium. Satellite and Cable - BT and Sky show as available in this area.

Note

Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure

Freehold

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