Property description
LOCATION
Located at Trafalgar Square, overlooking an attractive green, is this very well maintained block of flats, which is only a short walking distance to the full range of services offered by the town centre and is therefore ideally located for rental occupiers. The property is centrally positioned amongst a set of terraces. Scarborough's town centre has many major shopping chains alongside boutique independent shops. As well as a main pedestrianised shopping street and the Brunswick Shopping Centre, boutique stores can be found on Bar Street and St Thomas Street, all within walking distance of the property. Scarborough itself is not only a tourist and holiday destination but a sustainable town year-round boasting of a population of some 108,000 (2011 census). The town is serviced with excellent transport links, by the A64 linking Scarborough with York, Malton and Leeds and onto the A1(M) and A19. The train station is close by and the town is served by 25 main bus routes. The University of Hull: Scarborough Campus is also located nearby.
DESCRIPTION
A very well maintained building consisting of 4 flats in total, all boasting well proportioned room dimensions and providing the following accommodation: 2 x 2 bed flats and 2 x 1 bed flats. The ground floor two bed flat has a courtyard garden. The building has undergone a regular maintenance programme by a proud local owner. The flats are separately metered with a fully operational alarm system.
£23,400 pa currently received from the flats.
ACCOMMODATION
Freehold subject to the existing tenancies (ASTs with deposits). The building is fully let. All rent payments are up to date and are regularly paid in full.
Flats 1-4: C75, C79, C78 and C75. Copies of all are available on request.
SERVICES
Mains water, electricity and drainage are available and are believed to be connected. Prospective purchasers are advised to make their own enquiries.
TERMS
The property is available subject to the above terms at a price of £365,000 (6.41 percent Gross Yield).