Residential development for sale

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Residential development for sale

Aberdeen Walk, Scarborough
£150,000

Price History

Initial price £165,000
22/02/24 £150,000
Price Change -9.09%

Description

This double-fronted building in Scarborough town centre offers a unique opportunity for investment or occupation. The ground floor is currently vacant, but could generate a gross rental income of around £17,000 per annum when fully let. The upper floors are currently let to two residential units, generating an income of approximately £10,860 per annum. The ground floor retail unit is awaiting reassessment for business rates, which may be applicable to certain users. The property has a mix of commercial and residential space, including a studio flat and a three-bedroom maisonette, with a total floor area of approximately 1,445 square feet.