Four tenanted flats above a separate shop — immediate income, refurbishment potential.
Freehold mixed-use building: commercial ground floor, four flats above
This freehold mixed‑use building in central Scarborough offers an immediate rental income from four self‑contained flats above a separate ground‑floor commercial unit. All flats are currently tenanted (three studio-style, one one-bedroom), creating a steady cashflow for an investor seeking a compact, city‑centre holding. The property’s Victorian brick character and high ceilings at street level give scope for improving rental value with modest upgrades.
The ground-floor commercial unit—previously a photography studio—includes main office space, additional office, kitchenette, WC and an enclosed rear yard. The commercial and residential parts are separately accessed, which simplifies management and provides flexibility: retain the shop, re-let, or adapt the space subject to planning. Central town-centre amenities, public transport and local schools are all within easy reach, supporting tenant demand.
Buyers should note the location is in a very deprived area with a high local crime rate; this affects rental yields, insurance costs and tenant mix. The flats are basic studio layouts and will likely benefit from refurbishment to achieve higher rents. No structural or service condition information is provided here, so expect to commission surveys and tenancy checks before purchase.
This property suits investors seeking an affordable, income-producing freehold in Scarborough with short-term uplift potential through active management and targeted improvements. Internal viewing and full due diligence are recommended to assess refurbishment scope, tenancy agreements and service liabilities.
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