Property for sale in Filey Road, Scarborough YO11

Offers in region of £350,000
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Property for sale - 6 bedrooms

6 6 1

Tenure:
Freehold
Council tax band:
A

Property features

  • Investment Opportunity
  • Licensed HMO with 6 letting rooms with further development potential
  • Could continue as HMO or possible Holiday Lets
  • Communal Lounge, kitchen and generous basement
  • Potential to generate circa £26k per annum as is but this could be improved with development
  • South Cliff location
  • Off street parking to the front

Property description

+++Occupying a great position on Scarborough's Southcliff and within close proximity to Scarborough College and the Esplanade is this six room, registered house of multiple occupancy together with a Basement offering further potential and rear garden. The property offers versatile accommodation and is currently fully occupied. We calculate this property can generate a gross income of circa £26,000pa +. This property has an HMO licence for 6 occupants (We are informed the license is valid until 2028) and eicr until 2027+++ Well comprised over four floors, the property is accessed via an entrance door, leading to a communal entrance hall with stairs to all floors and doors to Rooms 2 and 3 (there is no room 1) communal lounge, kitchen with a range of units and a door to the rear garden. There is a staircase leading down to the basement area which features two rooms, utility area and shower room. To the first floor lies a landing with further stairs to the second floor with access to Room 4, Room 5, and Room 6 (all with ensuites) and a communal bathroom and store room. On the second floor lies a landing with door to Room 7 which has a bathroom on this floor accessed via the room or the landing. Externally, To the front of the property is a low maintenance area with off street parking, to the rear of the property lies a low-maintenance garden. The property is well located on Filey Road, which provides excellent access to a wealth of amenities including, a range of eateries, local shops and is also within close proximity to Scarborough's South Bay, and Scarborough Town Centre, and good transport links to Filey and Bridlington. The property is currently externally managed by an agent and they would be happy to continue. The property does require modernisation in places but we feel this has been reflected in the asking price. Viewing does come highly recommended and is via the sole agents CPH Property Services.

Accomodation

Ground Floor

Entrance Porch (2.5 x 2.1 (8'2" x 6'10"))

Communal Entrance Hall (7.5 x 2.1 (24'7" x 6'10"))

Doors to Room 2 and 3, door to communal lounge and kitchen, staircase to basement and staircase to first and second floors.

Communal Lounge (5.4 x 3.8 max (17'8" x 12'5" max))

Communal Kitchen (5.5 max x 3.1 (18'0" max x 10'2" ))

Room 2 (5.7 into bay x 4.2 (18'8" into bay x 13'9"))

Room 3 (5.4 into bay x 4.1 (17'8" into bay x 13'5"))

Basement

Staircase from first floor, Door to outside.

Rear Basement Room/ Utility Area (6.4 x 3.1 max measurements (20'11" x 10'2" max mea)

Front Basement Room (5.3 x 3.7 max (17'4" x 12'1" max ))

Shower Room (1.8 max x 1.5 (5'10" max x 4'11"))

First Floor

Landing with stairs up to the second floor Doors off to Rooms 4,5 and 6. Door to communal bathroom, Door to store room.

Room 4 (5.4 x 5.6 maximum measurements (17'8" x 18'4" maxi)

Ensuite (2.3 x 1.8 (7'6" x 5'10"))

Room 5 (4.0 x 3.7 maximum measurements (13'1" x 12'1" maxi)

Ensuite (2.4 x 1.3 (7'10" x 4'3"))

Room 6 (4.8 x 4.3 maximum measurement (15'8" x 14'1" maxim)

Ensuite (1.7 x 1.6 (5'6" x 5'2"))

Store Room (3.0 x 2.2 (9'10" x 7'2"))

Second Floor

Door to Room 7 and door to bathroom

Room 7 (5.4 x 2.7 (17'8" x 8'10"))

Ensuite/ Bathroom (2.5 x 2.2 (8'2" x 7'2"))

Outside

To the front of the property is a low maintenance forecourt area with parking for two vehicles. To the rear is a low maintenance Garden.

Tenure

The property is Freehold

Council Tax

The property is band E

Epc

Details Prepared By/ Date

Gv 15/01/2024

Property info

Floorplan(s): Floorplan.Jpg

Floorplan.Jpg View original

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For more information about this property, please contact
CPH Property Services, YO11 on +44 1723 266894 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by CPH Property Services, and do not constitute property particulars. Please contact CPH Property Services for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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