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8 bed Not Specified property

Available

For Sale

Listed Jul 16, 2025

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£400,000

Available

Mouseprice is the only UK property site with a Value Guide. We have compared the asking price to our own Mouseprice valuation to help you make an informed decision when buying or renting your next property.

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The Mouseprice Value Guide tells you how the asking price of a property compares to the market price of other properties with similar attributes including property type, location and floor area. Note that some aspects of a property are not considered by the Value Guide such as the condition and home improvements so it is important you do your own research.

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Description

"Valley Road, Scarborough This prominent building is situated close to the picturesque South Bay and not only offers a beautiful setting but also the potential for a good investment development opportunity. The property is currently arranged as a block of 4 self contained 2 bedroom flats, which are all fully let and generate a current gross income of circa, £25,172 per annum.

The Building An impressive 4 storey building that is currently arranged as 4 self contained letting units, all with two bedrooms. They are all currently let on Assured Shorthold Tenancies AST and generate a gross rental income of £25,172 per annum.

Tenure Freehold and to be sold as an investment with the tenants in situ.

The Flats Flat 112 beds
Flat 122 beds
Flat 142 beds
Flat 152 beds

Viewing Strictly by prior appointment with sole agents Colin Ellis Property Services on

Rental Income Flat 11 £6,500
Flat 12 £6,240
Flat 14 £6,720
Flat 15 £5,712

TOTAL £25,172 per annum when fully let

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Note The adjoining property 1 3 Valley Road is also available This property is currently arranged as an investment block of 11 self contained flats that comprise a mix of 6 x 2 bedroom, 4 x 1 bedroom and 1 x 3 bedroom flat, which are all fully let and generates a current gross income of circa, £72,260 per annum and is suitable for redevelopment. Guide Price £890,000

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