£890,000
Valley Road, Scarborough, YO11
- 18 beds
£890,000
- 18 beds
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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. The property is currently arranged as an investment block of 11 self contained flats, which are all fully let and generates a current gross income of circa, ?72,260 per annum.
The Building
An impressive 4 storey building that is currently arranged as 11 self contained letting units with a mix of one and two bedrooms, they are all currently let on Assured Shorthold Tenancies (AST) and generate a gross rental income of approximately ?72,260 per annum . The building stands within its own grounds with extensive gardens to the rear.
Tenure
Freehold and to be sold as an investment with the tenants in situ.
Viewing
Strictly by prior appointment with sole agents Colin Ellis Property Services on 01723 363565
to view all our commercial listings please visit www.colinellis.co.uk
Rental Income
Flat 1 ?6,760 Flat 2 ?6,500 Flat 3 ?7,280Flat 4 ?8,400Flat 5 ?6,000Flat 6 ?5,040Flat 7 ?6,240Flat 8 ?5,640Flat 8A ?6,000Flat 9 ?6,600Flat 10 ?7,800TOTAL ?72,260 per annum when fully let
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