Crown Terrace, Scarborough, North Yorkshire, YO11
- PROPERTY TYPE
Hotel
- BEDROOMS
24
- SIZE
Ask agent
Key features
- 24 Bedroom HMO Block
- Rental Income Of Near £140,000 PA
- Scarborough Town Centre Location
- Fully Licensed
- Freehold Also
- Rare Opportunity
- Grade II Listed Building
Description
Harris Shields Collection are pleased to offer to auction this fully occupied 24 BEDROOM HMO BLOCK in Scarborough available with no onward chain. Nestled within the welcoming town of Scarborough, this exceptionally well run quality property is close to a host of amenities,
Currently occupied there are immediate benefits from returns as the property will be sold with occupants in situ, guaranteeing a steady stream of rental yields. Overall this property is well presented, efficiently run and ready to provide high yields from day one after purchase. We would highly recommend this to any potential investors looking for a 'ready to go' investment.
ANNUAL INCOME IN 2024 IN EXCESS OF £130,000
The property is a smart well presented Grade II listed building comprises of 5 floors in total with lift access to each floor, it benefits from double glazing and gas central heating throughout. All the rooms are furnished with premium quality solid wood furniture with a wardrobe, desk and storage and have a double or single bed. The lower ground floor has a modern well thought out kitchen with ample cooking facilities, cupboard space for each of the residents and individual fridge space for all, with a relaxing communal area with comfy sofas, dining table and recreation area for the occupants to enjoy.
This property is covered by motion sensor cameras which ensures security for all residents throughout their occupancy. Two of en-suite bedrooms are also on this floor.
The ground floor boasts another large front facing bay windowed communal lounge area for guests to enjoy and 3 more en-suite bedrooms. There is a self-contained wardens flat which could also be let for further income, plus a room that is currently used for storage. On the first floor there are two large bay windowed en-suite rooms and a further five en-suite rooms across this floor and a useful room for storage.
The second floor has one bay windowed en-suite bedroom and seven more en-suite rooms.
On the third floor there are four good sized en-suite rooms.
Brochures
ParticularsEnergy Performance Certificates
EPC Rating GraphCrown Terrace, Scarborough, North Yorkshire, YO11
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Scarborough Station0.3 miles
- Seamer Station2.6 miles
- Filey Station6.3 miles



Notes
Disclaimer - Property reference SCA240225. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Harris-Shields Collection, Scarborough. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Harris-Shields Collection, Scarborough on 01723 335331.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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