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Tenanted investment opportunity.
Going under the hammer is this superb opportunity to acquire this three-bedroom mid terraced home on Hinderwell Road, Scarborough. The accommodation comprises an entrance hallway, lounge, kitchen. On the first floor there are three spacious bedrooms and modern bathroom suite. The property is currently tenanted with a long term and has an income of £795 per calendar month and if purchased at the guide price would yield at 9.5%. This would make a fantastic addition to a buy to let portfolio and early expression of interest is highly recommended. Council Tax Band A.
Tenure
Freehold
Area
Situated on Hinderwell Road, just off Seamer Road this property offers access to a wealth of amenities including supermarkets, stores and the added benefit of regular bus routes into and out of Scarborough Town while being within close proximity of popular schools.
Energy Efficiency Rating (EPC)
Current Rating C
Local Authority
Scarborough Borough Council
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - 3.6% inc VAT of the purchase price, subject to a minimum of £3600 inc VAT, payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.