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2 Bed Flat, Cash/Bridging Only, Scarborough, YO11 2SP £90,000

MOSTYN MERE FLATS, 4 Westbourne Road, Scarborough, North Yorkshire, YO11 2SP - 1 views - 7 days ago
  1. Deal Search
  2. Scarborough
  3. YO11
  4. YO11 2SP
Cash
106 m²

ValuationFair Value

This may not be accurate, please check manually.

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Links

  • More Deals in Scarborough
  • More Deals in YO11
  • More Cash/Bridging Only Deals
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  • More Cash/Bridging Only Deals in YO11

Property History

Listed for £90,000

November 29, 2025

Sold for £87,500

2022

Sold for £30,500

2002

Floor Plans

Description

  • 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.

Fully managed lettings and property management service
Comprehensive coverage throughout England and Wales
One team, one fee across your full portfolio
Rental income protection available
Transfer your existing properties quickly and easily

If you would like to find out more about our lettings and property management service, or would like to find out how much we can save you each month, why not contact our team today on Tel: to find out more

Agent Details

Pure, Manchester

0161 524 5533

Next Steps?

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

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Investment Opportunity

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