Summary - 10B, ALEXANDRA PARK, SCARBOROUGH YO12 5JN
1 bed 1 bath Commercial Property
**Standout Features:**
- Freehold block of 4 residential apartments
- Each flat consists of 2 bedrooms, currently tenanted
- Total annual income of approximately £21,500
- Off-road parking available
- Communal garden space
- Very low crime rate and fast broadband available
- Excellent mobile signal reception
**Potential Downsides:**
- Area classification indicates some deprivation
- Property constructed between 1900-1929, may require ongoing maintenance
**Summary:**
Discover an exceptional investment opportunity with this freehold block of four residential apartments, ideally positioned in the sought-after Manor Road area of Scarborough. Each self-contained flat features two well-sized bedrooms and has a strong rental history, generating an impressive annual income of approximately £21,500. The property's off-road parking and well-kept communal garden add to its appeal, making it a convenient and inviting residence.
This semi-detached building, constructed in the early 20th century, is solidly built and benefits from excellent mobile and internet connectivity. Although the area is identified as slightly deprived, it boasts a vibrant community and low crime rates. The nearby schools, rated good by Ofsted, provide excellent options for families. With room for potential renovations or updates, this is an exclusive chance for savvy investors to secure a high-yielding asset that won’t stay on the market for long. Don’t miss out on this outstanding offering!
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