£435,000

8 Bedroom Property

Cromwell Parade, Scarborough, YO11

First listed on: 08th June 2021

Nearest stations:

  • Scarborough (0.5 mi)
  • Seamer (2.4 mi)
  • Filey (6.4 mi)
  • Hunmanby (7.9 mi)

Interested?

Call: See phone number 01723 352235

Property Features

  • SUBSTANTIAL, EIGHT BEDROOM H.M.O PROPERTY
  • FULLY RENOVATED TO A HIGH STANDARD THROUGHOUT
  • ANTICIPATED TO GENERATE APPROX £38,000 PA
  • FANTASTIC INVESTMENT OPPORTUNITY
  • OFF-STREET PARKING FOR APPROX 5 VEHICLES

Property Description

Tenure: Freehold

+++CPH are delighted to be presenting to the market this FULLY RENOVATED, TASTEFULLY DECORATED, EIGHT BEDROOM period property which has been completed to a HIGH STANDARD THROUGHOUT with EN-SUITES to all BEDROOMS and OFF-STREET PARKING. The property has previously had a H.M.O licence and could therfore be run as such or possibly as an Air B&B on a rent a room basis. We anticipate the property would generate circa £40,000 per annum as a H.M.O with potential for more if run as an air B&B and therefore makes a FANTASTIC INVESTMENT OPPORTUNITY. Although not currently in use the property does also have a lift facility running up the middle of the building which we are informed could be reinstated by any prospective buyer.+++
Please note at the time of writing, the property does not currently hold a H.M.O license as this has lapsed however we do not anticipate and prospective buyer reinstating the licence if this is how you wish to run the property. The property has been renovated to an immaculate standard throughout, with quality fixtures and fittings. Internally, the property is well laid out over three floors with a modern newly fitted communal kitchen/diner and three double rooms with en-suites to the ground floor, a spacious cellar/store to the basement level, a landing and three double rooms with en-suites to the first floor. Furthermore, to the second floor lies two generous double bedrooms with en-suites and a landing. Externally, the property provides off-street parking for approximately 5/6 vehicles.

Being located on Cromwell Parade, the property affords excellent access to a local convenience store, the Scarborough Sports Village which offers a football ground, swimming pool and gym and not to mention Scarborough Town Centre itself, Scarborough Railway Station, Scarborough's South Bay Beach and The Spa.

Internal viewing is truly a MUST in order to fully appreciate the space, setting, finish and location on offer from this fantastic investment opportunity. To arrange a viewing, please call our friendly team in the office today on 01723 352235 or via the website on www.cphproperty.co.uk

Property Features

  • SUBSTANTIAL, EIGHT BEDROOM H.M.O PROPERTY
  • FULLY RENOVATED TO A HIGH STANDARD THROUGHOUT
  • ANTICIPATED TO GENERATE APPROX £38,000 PA
  • FANTASTIC INVESTMENT OPPORTUNITY
  • OFF-STREET PARKING FOR APPROX 5 VEHICLES

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Price History

Listed prices are those submitted to us and may not reflect the actual selling price of this property.

Date History Details
02/07/2021 Property listed at £435,000
09/06/2021 Property listed at £450,000

Property Floorplans

Floorplan More Information

Disclaimer

Disclaimer Property reference 14576YO1_10917120. Details are provided and maintained by CPH Estate Agents. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

This property is marketed by:
CPH Estate Agents, Scarborough

19 St.Thomas Street

Scarborough

YO11 1DY

Tel: See phone number 01723 352235

Arrange Viewing with AgentArrange Viewing Check AffordabilityCheck Affordability

Disclaimer

Disclaimer Property reference 14576YO1_10917120. Details are provided and maintained by CPH Estate Agents. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

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This property is marketed by:
CPH Estate Agents, Scarborough

19 St.Thomas Street

Scarborough

YO11 1DY

Tel: See phone number 01723 352235

Arrange Viewing with AgentArrange Viewing Check AffordabilityCheck Affordability
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