SSTC 40 Bed Shared House 

Albemarle Crescent, Scarborough £1,000,000

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Contact Details:

Property Features

Location:
Albemarle Crescent, Scarborough, YO11 1XX
Bedrooms: 40

Contact Agent

Andrew Cowen Estate Agents, Scarborough

Tel: 01723 377707
info@andrewcowen.com

Property Photos

About the Property

+++ A UNIQUE OPPORTUNITY TO PURCHASE FOUR DWELLINGS CURRENTLY GENERATING APPROXIMATELY £100,000 PA currently utilised for student and trainee doctor accommodation we feel this property offers masses of potential to the market. +++

  • FOUR TOWN CENTRE FREEHOLD DWELLINGS
  • 12 ALBEMARLE CRESCENT - 8 BEDROOMS
  • 16 ALBEMARLE CRESCENT - 8 BEDROOMS
  • MEWS COTTAGE ALBEMARLE BACK ROAD - 1 BEDROOM
  • ATTENBOROUGH HOUSE - 24 BEDROOMS

Property Details

Description

+++ A UNIQUE OPPORTUNITY TO PURCHASE FOUR DWELLINGS CURRENTLY GENERATING APPROXIMATELY £100,000 PA currently utilised for student and trainee doctor accommodation we feel this property offers masses of potential to the market. +++

Attenborough House:
Forming part of a most attractive Victorian Crescent, with on street car-parking, and a well maintained green in the centre. We feel this is a fantastic opportunity brought to the market to purchase a prime and iconic TOWN CENTRE FREEHOLD Attenborough House boasts 23 lockable bedrooms, each with its own hand basin, shower and toilet, some offering views of the sea and the castle. Its welcome recreation facilities include two lounges, a games room, two kitchens and a laundry room.

Mews Cottage:
A UNIQUE and NEATLY PRESENTED, MEWS COTTAGE which is located within the centre of Scarborough and is believed to benefit from OFF STREET PARKING and available either with vacant possession or with the option of the current tenant remaining in-situ.

The accommodation comprises; entrance from the hard standing forecourt into the living room with stairs leading to the first floor with under-stairs cupboard and access into the fitted galley kitchen to the ground floor. To the first floor is a double bedroom with storage and an en-suite shower room. The property benefits from UPVC double glazing and gas central heating.


12 Albemarle Crescent:

16 Albemarle Crescent:

The property is close to many local amenities including; a selection of eateries, convenience stores, the TOWN CENTRE SHOPPING PARADE and public transport links. This property would be the perfect PROJECT for a builder, developer or investor. Equal distance from the North and South bay BEACHES providing lovely areas to walk, explore and relax.

Scarborough is an established commercial, tourist and retail centre, lying approximately 40 miles east of York with a population of in the region of 81,000 people and a district population of around 110,000 persons (Sources: ONS and Focus). The town is adjacent to the North Yorkshire Moors National Park and is one of the principal resorts on the north east coast, attracting an estimated 7 million visitors a year. Albemarle Chambers is located on the corner of Westborough and Albemarle Crescent at the start of the pedestrianised area, a prime location opposite the Brunswick Centre. Other users nearby include; Halifax, Waterstones, Santander, Weatherspoons, Boots and Yorkshire Building Society.

Income Information:
12 Albemarle Crescent (£200,000) currently generates approximately £23,040 pa gross on a let of 36 weeks per year.
16 Albemarle Crescent (£200,000) currently generates approximately £23,040 pa gross on a let of 36 weeks per year.
Attenborough House (£600,000) has the potential to generate £61,440 pa gross on a let of 32 weeks per year. On average over the 'normal' years, it has generated £53,000 on a let of 32 weeks per year.
Mews Cottage (£75,000) generates £5,100 pa gross on a let of 52 weeks per year.

Contact our Sales Team today for further information.

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