5-bed apartment for sale

York

5 bedrooms5 bathrooms

310.076 €

Listed Jul 22, 2026

About this listing

Investment Opportunity..... Block of 5 Self Contained Flats in a Prime Scarborough Location. An Exceptional opportunity to acquire a freehold block of 5 flats just a short walk from the beach with local amenities and shops located nearby. Scarborough is a thriving coastal town with a constant rental demand driven by a mix of professionals, retirees and seasonal visitors. The blocks prime location by the beach, close to the town centre and transport links enhances its long term capital growth potential. Whether you're looking to expand an existing portfolio or secure a hands-off income-generating asset, this well-maintained block offers flexibility, solid returns, and the reliability of Scarborough’s growing rental market. Property Highlights: 5 Spacious Flats - 3 Two Bedrooms Units and 1 One Bedroom, 1 studio Units Along with the ground floor commercial unit 5 Properties tenanted 1 vacant. Commercial Unit - £200 per calendar month Flat 1 - £500 per calendar month. Flat 2 - £500 per calendar month. Flat 3 - £425 per calendar month. Flat 4 - £210 per calendar month. Flat 5 - £450 per calendar month. Average Annual Yield - £22,500 Well maintained communal areas. Scope for further improvement. Separate utility meters for each unit. The block presents a rare chance to purchase a ready-made rental portfolio ideal for both seasoned investors and those entering the buy-to-let market for the first time.

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Listed on

Rightmove