Alma Parade, Scarborough Offers in the Region Of £140,000
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+++ 3 Alma Parade is RECENTLY RENOVATED INVESTMENT PROPERTY that will appeal to a host of local and national investors. It provides a BLOCK OF 3 SELF CONTAINED 1 BEDROOM FLATS and is OFFERED WITH VACANT POSSESSION having recently undergone a full modernisation scheme. The block occupies a CENTRAL LOCATION and is now COMPLIANT with SELECTIVE LICENSING. +++
Situated on Alma Parade, within close proximity of Scarborough town
centre offering all amenities and within easy walking distance to both the North and South Bays, these well presented rental properties are always in
demand due to the central location and affordable rents. The property lies within an area zoned for 'Selective Licensing' and the owner has carried out significant works which were recommended by Scarborough Borough Council, giving peace of mind to any purchaser that the property is compliant and meets modern day requirements Before the recent works were carried out, the block previously
generated the vendor with a gross income of £16,640pa with the owner paying the tenant's gas, electric and water.
+++ INTERNAL VIEWING is by appointment only and can be arranged via our friendly office team on 01723 352235 +++
Location:
Alma Parade runs parallel with Northway, a busy thoroughfare with Scarborough Train Station being located adjacent. Alma Parade links Victoria Road to Westborough - Scarborough's main commercial street.
Description:
The property comprises of a Victorian mid terrace property which is arranged as three self contained flats.
The Flats:
Flat 1:
Ground Floor Lounge Bedroom Kitchen Bathroom
Flat 2:
First Floor Lounge/Kitchen Bedroom Utility Bathroom
Flat 3:
Second Floor Lounge Bedroom Utility Room Kitchen Bathroom Loft Room
Services:
The property is connected to mains electricity, gas and water. The landlord had previously paid for the tenant's electric, gas and water rates for each of the flats. Prospective purchasers are advised to make their own enquiries with regards to services connected.
Council Tax:
Flat 1 - Band A Flat 2 - Band A Flat 3 - Band A
EPC:
Flat 1: Band D Flat 2: Band C Flat 3: Band D
Tenure:
Freehold, offered with vacant possession.
Viewing:
Via the sole selling agents: CPH Property Services 19 St Thomas Street Scarborough YO11 1DY Contact: Joe Walker MRICS Email: joe@cphproperty.co.uk Tel: 01723 352235
Details Prepared:
JW 03012020
Click to enlarge
- COMMERCIAL INVESTMENT OPPORTUNITY
- GROSS RENTAL INCOME OF £16,640PA
- WELL MAINTAINED BLOCK OF FLATS
- ZONED FOR SELECTIVE LICENSING
- ALL ENQUIRIES TO CPH PROPERTY SERVICES
Scarborough YO11 1SJ
CPH - Sales