8 Bed Terraced House For Sale North Marine Road, Scarborough, YO12
£220,000- Terraced
1 of 8
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Last Updated: 17th April 2024
Description
An exceptional opportunity awaits with this 8-bedroom HMO situated in a prime central location, presenting an ideal project for investors and developers. Positioned near Peasholm Park, this property offers excellent accessibility to the town center, both bays, various schools, local amenities, and public transport links.
This substantial mid-terrace property holds immense potential and is ripe for transformation. Whether envisioned as a high-yield HMO, an inviting Airbnb venture, or a spacious family residence, it promises versatility and opportunity. Nestled close to the town center, South Bay Beach, the Cleveland Way, and local conveniences, it provides an enviable base for fully experiencing all that Scarborough has to offer.
Currently, each of the 8 rooms is equipped with en-suite shower facilities and is rented out at an average rate of £100 per week, inclusive of all bills. This property presents a lucrative investment opportunity with existing rental income streams in place.
This substantial mid-terrace property holds immense potential and is ripe for transformation. Whether envisioned as a high-yield HMO, an inviting Airbnb venture, or a spacious family residence, it promises versatility and opportunity. Nestled close to the town center, South Bay Beach, the Cleveland Way, and local conveniences, it provides an enviable base for fully experiencing all that Scarborough has to offer.
Currently, each of the 8 rooms is equipped with en-suite shower facilities and is rented out at an average rate of £100 per week, inclusive of all bills. This property presents a lucrative investment opportunity with existing rental income streams in place.
Agent Details
Sold.co.uk
First Floor, 50 St. Mary Axe, London, EC3A 8FR
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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.