Initial price	£80,000
16/10/24	£63,000
07/11/24	£61,000
14/11/24	£59,000
Price Change	-26.25%

This charming one-bedroom leasehold apartment is located in the sought-after area of Scarborough's South Cliff, with easy access to local amenities and scenic walking routes. The property is just a 15-minute walk from Scarborough's South Bay and town center, offering a range of shopping options, cafes, and restaurants. With a potential rental income of £500 per month, this is a great investment opportunity. The apartment features a large lounge with bay-fronted window, a good-sized kitchen, and a double bedroom with high ceilings. The property also has a shower room, off-street parking, and is within walking distance to the town center. The leasehold property has an originating lease of 999 years, with a ground rent of £50 per annum, and a service charge of approximately £85 per month. The property is being sold by the Modern Method of Auction, with a starting bid price of £59,000 plus a reservation fee, and is subject to an undisclosed reserve price.