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£435,000

Cromwell Parade, Scarborough, YO11

  • 8 beds
Other

£435,000

  • 8 beds
Other
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Estimate monthly mortgage payment:

£1,986 per month

Minimum deposit amount:

£21,750
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+++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

Your estimated purchase costs

Find out how much it will cost to purchase this property.

Stamp Duty tax
These figures are estimates and are provided for guidance only
£500
Mortgage and legal costs:
£999
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Property details

£435,000

8 bed property for sale

Cromwell Parade, Scarborough, YO11
+++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