SSTC
£220,000

6 bed for sale (ref: 27752088)

Shortlist
*** RETURNING APPROXIMATELY £20,448 PER YEAR *** 3 APARTMENTS*** ALL FULLY LET***** COMMERCIAL/RETAIL UNIT***** TRY AN OFFER*****
NEARLY 10% RETURN PER ANNUM****

TRY AN OFFER+++POSSIBLY ONE OF THE BEST INVESTMENT OPPORTUNITIES ++ THREE - TWO BEDROOM APARTMENTS AND GROUND FLOOR COMMERCIAL UNIT ++ SCARBOROUGH TOWN CENTRE AND OLD TOWN ++. Ideally located virtually in the centre of Scarborough is this corner block spread over five floors consisting of three, two bedroom apartments on the first, second and third floor and a ground floor commercial unit currently let as a cafe/restaurant which also has a cellar. When the whole block is successfully let it gives a gross annual return of approximately £21,684
In our opinion. The location is perfect, on a busy thoroughfare. It could actually suit a live in owner who could rent out the other apartments on holiday lets, The cafe is also successfully let out. The top floor apartment has fantastic South bay views.

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Stamp Duty Due

Based on a sale price of £220,000 the total amount of stamp duty payable will be:

£1,900 *

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.

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Property Images

Further Details

  • Status: SSTC
  • Reference: 27752088

Amenities

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