Key features

• Prime Property Location
• 4-Flat Portfolio
• Three Piece Bathrooms
• Spacious Lounge and Kitchen
• Buy-to-Let Opportunity
• Tenanted
• Current Rental Income for 4 Flats: £2,200

Description

It is the perfect property located right in the centre of the north and south beaches and the bustling shops of the city centre!

An exceptional opportunity to acquire a high-yielding, 4 Flat Portfolio with 8 bedrooms in total situated in the sought-after Scarborough.

High Rental Demand: Queen Street is known for its growing popularity among tenants, ensuring strong and steady rental yields.

Prime Location: It is just a 10-minute walk from both Scarborough Castle and South Bay Beach. It’s 14 minutes away by foot from Scarborough train station.

Long-Term Growth: As an area benefiting from regeneration and ongoing development, it continues to see rising property values and rental income potential.

Property Overview:

This exceptional 4-Flat portfolio features 8 bedrooms in total, spacious lounges, three piece bathrooms and kitchens.

Rental Potential:

Properties in Scarborough consistently achieve strong rental returns, with demand often exceeding supply. Based on current market conditions, this 3-Flat portfolio is currently generating £2,200 per month, delivering a healthy gross rental yield. With the added advantage of long-term capital growth, this property is a solid investment choice.

Additional Information:

Tenure: Freehold

Step into a world of investment excellence with this stunning property, already tenanted and perfectly positioned in a high-demand rental area. This property is a landlord’s dream, offering an excellent rental yield and minimal vacancy rates, ensuring a steady stream of income from day one.