Flat for sale in Scarborough YO11, 1 Bedroom

We are pleased to present this one bedroom apartment in the heart of Scarborough perfectly situated minutes from the harbour and Scarborough West Pier.

The property is offered unfurnished and features, spacious rooms, ample storage space as well as a fully fitted kitchen leading to a private back garden. Situated local to all amenities, including being only 0.7 miles from the Brunswick Shopping Centre and 0.9 miles to Scarborough Railway Station.

Scarborough is one of England’s most well-known old coastal towns, situated in North Yorkshire, between an hour and 90 minutes on the train from Hull, Leeds and York making it a busy town for tourists as well as the ever-growing population.
Work is afoot to continue bringing in visitors, from a new tourism campaign to the revival of the local spa and Alpamare water park. The Beach Boys even played a gig in the open-air theatre in May.

The apartment offers a perfect investment opportunity, where the emphasis is on long-term asset stability. House prices in the area have risen by 18% in the last 5 years (Zoopla – September 2018) making now the perfect time for a lucrative investment.

Financial Breakdown

Gross rent: £3,780
Ground rent: £0
Service charge: £350
Lettings fees: £324
Net income: £3,106
Gross yield: 8.31%
Net yield: 6.83%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-12677