Residential development for sale

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Residential development for sale

Oxford Street, Scarborough
£110,000

Price History

Initial price £145,000
12/09/24 £115,000
16/10/24 £110,000
Price Change -24.14%

Description

This freehold mixed-use property is being sold via online bidding and is located in the heart of Scarborough town centre. The property comprises a commercial shop unit on the ground floor, currently let for £350 per month, and a one-bedroom flat above, also currently let for £450 per month. The flat features a fitted kitchen, living room with bay window, bedroom with feature fire, and bathroom with shower over the bath. The property has a communal entrance and stairway, with the flat benefiting from uPVC double-glazed windows, radiators, and ceiling lights. The shop unit has a front door, retail space, and rear yard area, with a basement storage area and separate WC. The property is being sold with no onward chain and tenants in situ, with a potential rental income of £800 per month. Viewings are highly recommended.