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This property was removed from Dealsourcr.

8 Bed HMO, Scarborough, YO12 7PE £190,000

80 North Marine Road, Scarborough, North Yorkshire, YO12 7PE - 213 views - 2 years ago
  1. Deal Search
  2. Scarborough
  3. YO12
  4. YO12 7PE
Sold STC
HMO
ROI: 30%
~248 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Scarborough
  • More Deals in YO12
  • More HMO Deals
  • More HMO Deals in Scarborough
  • More HMO Deals in YO12

Property History

Price changed to £190,000

December 4, 2024

Listed for £200,000

April 17, 2024

Sold for £165,000

2004

Description

  • 8 Rooms with Ensuite Bathrooms +
  • Shared Kitchen and Dining Room +
  • Grade 2 Listed Building +
  • Basement +
  • Gas Central Heating +
  • Close to local amenities +
  • Viewings Recommended +
  • 2,637 Sq. Ft. +
  • Freehold +
  • Investment Opportunity +

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.

Agent Details

Sold.co.uk, London

020 3840 3803

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Cashflows

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