5 bedroom Investments Sold Subject to Contract

Scarborough, North Yorkshire, YO11 2AL

Guide Price : £399,950

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Full description:

Tenure: Freehold

A very rare Freehold opportunity to acquire a block of 5 self contained flats on this desirable South Cliff location with all upper floor flats benefiting from sea views. To be sold as an investment with tenancies in place the building has benefitted from a new roof covering in the last 24 months and capital expenditure on the communal areas and exterior. It also offers some potential for redevelopment. Currently arranged as 3 x two bedroom flats and 2 x one bedroom flats. Generates a good income and is well presented internally.


FLAT 1: A well presented and spacious two bedroom flat with the benefit of electric heating.


FLAT 2: Spacious two bedroom flat.


FLAT 3: One bedroom flat with the potential to convert into a two bedroom flat.


FLAT 4: One bedroom flat with the potential to convert into a two bedroom flat.


FLAT 5: Spacious two bedroom flat with an additional store room in the roof space.

TENURE: Freehold with tenants in situ. Assured Shorthold Tenancy (AST) agreements are in place for all the flats.

£2,310 pcm
£27,720 pa

VIEWING: Strictly via sole agents Colin Ellis Property Services on 01723 363565.

COMMERCIAL DISCLAIMER: Unless otherwise stated, all prices and rentals quoted are exclusive of any VAT to which they may be subject. Specific enquires should be made of the vendor/landlord for clarification prior to entering into any arrangement or agreement. These particulars are a general outline only, for the guidance of prospective purchasers or tenants and do not constitute the whole or any part of an offer of contract. Colin Ellis Property Services cannot guarantee the accuracy of any description, dimensions references to condition, necessary permission for use and occupation and other details contained herein and prospective purchasers or tenants must not accept as statement of fact or representation and must satisfy themselves as to their accuracy. The reference to any plan, machinery, equipment, devices, fixtures, or fittings at the property shall not constitute a representation unless otherwise stated as to the state or condition or that it is capable of unfulfilling its intended function. Prospective purchasers/ tenants should satisfy themselves as the fitness of such items for their requirements. Colin Ellis Property Services will not be liable in negligence or otherwise nor anyone arising from the use of these particulars. No employee of Colin Ellis Property Services has any authority to make or give any representation or warranty or enter into any contract whatever in relation to the property.

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