Valley Road, Scarborough Guide price £400,000
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- BLOCK OF FOUR SELF-CONTAINED FLATS
- FREEHOLD
- INVESTMENT OPPORTUNITY
- GROSS INCOME OF APPROX £25,172 PA
5 Valley Road, Scarborough - This prominent building is situated close to the picturesque South Bay and not only offers a beautiful setting but also the potential for a good investment / development opportunity. The property is currently arranged as a block of 4 self contained 2 bedroom flats, which are all fully let and generate a current gross income of circa, £25,172 per annum.
The Building
An impressive 4 storey building that is currently arranged as 4 self contained letting units, all with two bedrooms. They are all currently let on Assured Shorthold Tenancies (AST) and generate a gross rental income of £25,172 per annum.
Tenure
Freehold and to be sold as an investment with the tenants in situ.
The Flats
Flat 112 beds
Flat 122 beds
Flat 142 beds
Flat 152 beds
Viewing
Strictly by prior appointment with sole agents Colin Ellis Property Services on 01723 363565
Rental Income
Flat 11 £6,500
Flat 12 £6,240
Flat 14 £6,720
Flat 15 £5,712
TOTAL £25,172 per annum when fully let
to view all our commercial listings please visit www.colinellis.co.uk
Scarborough YO11 2LY
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