A well-located mixed-use property situated on Valley Bridge Parade in the heart of Scarborough. The premises comprise a ground floor commercial unit with excellent frontage and visibility, suitable for a range of retail or office uses, with separate access to a self-contained residential flat above.
The residential accommodation is currently tenanted, providing an immediate and reliable rental income stream, making the property an attractive investment opportunity. Positioned close to the town centre, transport links, and local amenities, the property benefits from consistent footfall and strong letting potential.
An ideal opportunity for investors seeking a mixed-use asset in a well-established and accessible location.
Shop (4.83 x 3.22 (15'10" x 10'6"))
Flat
Lounge/Kitchen (4.292 x 4.582 (14'0" x 15'0"))
Bedroom (2.714 x 4.288 (8'10" x 14'0"))
Bathroom (1.928 x 2.663 (6'3" x 8'8"))
Rental Income Commercial Unit - £4,420.00 per annum (Currently vacate - On the market)
Flat - £5,400.00 per annum
-------------------------------------------------- Total - £9,820.00 per annum (9.35% rental yield)
Valley Bridge Parade Scarborough, North Yorkshire YO11 2PF
Based on property / land value of Guide price £105,000 there will be an approx of £ Stamp Duty due.
Tax Band
%
Taxable Sum
Tax
Less than £250k
0
£
£
£250k to £925k
5
£
£
£925k to £1.5M
5
£
£
Over £1,500,000
10
£
£
Over £1.5 million
12
£
£
Total
£
or purchases over £500k, SDLT is charged at 2% from £125k to £250k and 5% from £250k to £925k.
This stamp duty calculator is designed to give you an idea of your stamp duty liability when buying a freehold residential property in England & N.Ireland. Stamp duty calculations are rounded down to the nearest pound. Stampy Duty guide is approx. as of 1st April 2025 - please visit https://www.gov.uk/stamp-duty-land-tax for the latest information
105000.00
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