Princess Royal Terrace, Scarborough
OIRO £75,000 (Tenant Fees)

Nestled in the desirable South Cliff area of Scarborough, this well-presented one-bedroom apartment on Princess Royal Terrace offers an excellent opportunity for both first-time buyers and investors alike. The property features a comfortable reception room, perfect for relaxation or entertaining guests, alongside a well-appointed bedroom and a modern bathroom. The loft has also been converted to allow additional storage

With gas central heating throughout, this flat ensures a warm and inviting atmosphere, making it an ideal retreat at any time of the year. The property is leasehold, boasting a generous 999-year lease that commenced on 1st January 1990, providing peace of mind for future ownership.

For those considering an investment, this apartment presents a remarkable opportunity with a potential tenant already in situ, offering a promising net yield of over 8%. This makes it an attractive option for anyone looking to expand their property portfolio in a sought-after location.

Scarborough's South Cliff area is known for its charming surroundings and proximity to local amenities, including shops, restaurants, and beautiful coastal walks. This apartment not only provides a comfortable living space but also places you in a vibrant community, rich in character and convenience.

In summary, this one-bedroom flat on Princess Royal Terrace is a rare find, combining a prime location, solid investment potential, and a welcoming living environment. Whether you are looking to make it your home or add to your investment portfolio, this property is certainly worth considering.