Initial price	£140,000
10/05/24	£120,000
13/06/24	£112,500
08/10/24	£108,000
Price Change	-22.86%

This five-bedroom, registered House of Multiple Occupancy is located in a great position within Scarborough town centre and has been well maintained by its current owner. The property has an HMO licence for 5 occupants and is being sold as an ongoing concern with one sitting tenant currently. The property features a communal entrance hall, a dining room, and a kitchen with a range of wall and base units, as well as five bedrooms, including three on the second floor. The property also has a three-piece suite bathroom and a separate WC. The rear of the property has a low-maintenance yard with gated access. The property is located on Murchison Street, close to a range of amenities, including eateries, local shops, and Scarborough's North Bay, Train Station, and Town Centre. The property is being sold by the Modern Method of Auction and is expected to generate a gross income of around £18,000 per annum if fully occupied.