- AVAILABLE IN OUR AUCTION ON THE 5TH MARCH 2026 AT 3PM - LOT 5. +
- Investment opportunity +
- Spacious apartment +
- In the heart of Scarborough +
AVAILABLE IN OUR AUCTION ON THE 5TH MARCH 2026 AT 3PM - LOT 5.
A spacious two bedroom second floor apartment located on the Esplanade and therefore situated close to Scarborough’s amenities and within good access of the South Bay.
This property is being offered for sale as an investment opportunity and is therefore subject to a periodic Assured Shorthold tenancy which provides a current annualised gross income of £8280.00 (£690.00 pcm) for an annual return of 11.82% based on the Auction guide price.
The Property has gas central heating and some double glazing and comprising: Lounge, dining room, 2 bedroom, bathroom and kitchen.
Tenure
The property is offered for sale as a leasehold investment from 1991 with 965 years remaining.
The Latest annual maintenance figures confirm an annual contribution of £750.00 this includes the cost of maintaining the attractive communal hall, stairs and landings, as well as the fire alarms. There is a "peppercorn" ground rent.
Solicitors
Tubbs & Co, 106 Victoria Road, Scarborough, YO11 1SL. Tel: . FAO: Ian Houseman
Located at the heart of Scarborough with rooftop views over the town centre and South Bay beach, as well as overlooking the Esplanade Gardens.
What3words - solo.luxury.oldest
All mains services are connected to the property.