- Buy-to-let property investment with sitting tenant +
- Annual rental income of £7,200 producing a yield of 8% +
- Share of the freehold ownership +
- Working professional tenants +
- High rental demand in Scarborough +
- Immediate rental income once purchased +
Investment Opportunity - 2 Bed Flat, Scarborough | 8% Gross Yield | Share of Freehold
Pure Investor is pleased to present an excellent investment opportunity in Scarborough - a two-bedroom apartment currently generating £600 per calendar month with a strong sitting tenant.
Property Overview Mostyne Mere House, 4 West Bourne Road, Scarborough, YO11 2SP
This second-floor apartment is located within a well-maintained converted Victorian building comprising just six flats. The property benefits from share of freehold ownership, providing long-term security and control over the building's management.
Property Features
* Two bedrooms (one double, one single)
* One bathroom
* Second-floor apartment
* Part of an attractive Victorian conversion
* Share of freehold
* Self-managed block with other freeholders
* Low service charge of £67 per month (includes building insurance and upkeep of communal areas)
Tenancy Details
* Current rent: £600 per calendar month (£7,200 per annum)
* Sitting tenant: Single professional in full-time employment
* Tenancy commenced: August 2025 (6-month initial contract)
* Property sold with tenant in situ - immediate rental income from completion
Investment Returns
* Asking Price: £90,000
* Gross Yield: 8.0% per annum
* Annual Rental Income: £7,200
* Annual Service Charge: £804
* Net Yield (after service charge): 7.1% per annum
These returns are significantly above the UK average for residential property and offer strong cash flow from day one.
Let Pure Investor Take The Strain .....
We offer a comprehensive lettings and property management service, ensuring our landlords benefit from a single point of contact for their entire portfolio. From London to Lancaster, from Cardiff to Colchester, we offer a fully managed service for landlords looking to minimise costs and maximise efficiency across their portfolio.
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