Crown Terrace, Scarborough, North... Mixed use for sale

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Crown Terrace, Scarborough, North... Mixed use for sale

Crown Terrace, Scarborough, North Yorkshire, YO11
£1,000,000

Price History

Initial price £1,350,000
16/09/25 £1,000,000
Price Change -25.93%

Description

This 24-bedroom HMO licensed building in Scarborough is a fantastic investment opportunity with a annual income expected to exceed £130,000 in 2024. The property is well-run and fully occupied, with immediate benefits from returns as it will be sold with occupants in situ. The property features 5 floors, with lift access to each floor, and is well-presented with double glazing and gas central heating throughout. The building has a modern kitchen and communal areas, including a relaxation space and a self-contained wardens flat that could also be let for additional income. The property is secured with motion sensor cameras and is ready to provide high yields from day one after purchase. With no onward chain, this is an excellent opportunity for investors looking for a "ready to go" investment.