8 bedroom terraced house for sale

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8 bedroom terraced house for sale

North Marine Road, Scarborough, YO12
£190,000

Price History

Initial price £220,000
22/05/24 £200,000
02/10/24 £190,000
Price Change -13.64%

Description

This exceptional 8-bedroom HMO property in a prime central location offers a rare investment opportunity for developers and investors. Situated near Peasholm Park, the property boasts excellent accessibility to the town center, beaches, schools, and public transport links. With immense potential for transformation, the property can be reimagined as a high-yield HMO, a spacious family residence, or an inviting Airbnb venture. Currently, each of the 8 rooms is rented out at an average rate of £100 per week, inclusive of all bills, providing a lucrative investment opportunity with existing rental income streams in place. The property's proximity to local amenities, the town center, and the Cleveland Way makes it an enviable base for fully experiencing all that Scarborough has to offer.