Summary - 56 TRAFALGAR SQUARE SCARBOROUGH YO12 7PY
4 bed 4 bath Apartment
Four one-bed flats with immediate income and refurbishment upside near Scarborough seafront.
Freehold mid‑terrace block of four one‑bed flats, short walk to beach and town centre.
A rare central Scarborough investment: 56 Trafalgar Square is a mid-terrace block of four self-contained one‑bed apartments offered freehold and sold at auction. The building sits a short walk from the town centre and North Bay beach, making it attractive to local tenants and seasonal lets. A new roof was fitted in 2024 and the block currently produces rental income with three flats let and one vacant for immediate re-letting.
The layout is straightforward — ground, first, second and top floor flats with a private rear garden for Flat 1 and a gated forecourt. EPCs range from C to E across the flats and gas is currently connected to Flat 1 only. The block is sold with existing tenancies (except Flat 4) so income is immediate, but purchasers must check tenancy terms in the legal pack.
Important sale considerations: the property will be sold via online auction and attracts an administration charge and buyer’s premium in addition to the purchase price. Services and appliances have not been tested and some apartments show lower EPC ratings; a full review of service connections, compliance and any remedial works will be required. The location is in a high‑crime, very deprived ward, which affects tenant profile, rental strategy and resale prospects.
This is best for an investor or small portfolio buyer seeking near‑term income with scope to increase value through management, refurbishment and letting of the vacant top‑floor flat. Expect practical management tasks, potential upgrades to energy performance and checks on service installations and tenancy paperwork before completion.
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