Valley Bridge Parade, Scarborough

Property Details: - Type: Residential development - Bedrooms: 1 - Bathrooms: 0

Agent: Colin Ellis Estate Agents - Scarborough, Sales Phone: 01723 266928

A well-positioned mixed-use investment property located on Valley Bridge Parade in the heart of Scarborough. The property comprises a ground floor commercial unit with prominent frontage, along with a self-contained residential flat above, both accessed independently.<br/><br/>Both the commercial unit and the residential accommodation are currently let, providing an immediate dual income stream and making this an attractive turnkey investment. The property benefits from a central location close to the town centre, transport links, and local amenities, ensuring strong ongoing demand from both commercial and residential tenants.<br/><br/>An excellent opportunity to acquire a fully tenanted mixed-use property in a well-established and accessible location.<br/><br/><b>Office</b> - <br/><br/><b>Flat</b> - <br/><br/><b>Lounge/Kitchen</b> - 4.282 x 4.851 (14'0" x 15'10") - <br/><br/><b>Bedroom</b> - 3.929 x 2.337 (12'10" x 7'8") - <br/><br/><b>Bathroom</b> - 2.699 x 2.525 (8'10" x 8'3") - <br/><br/><b>Rental Income</b> - Office - £3,199.92 per annum<br/><br/>Flat - £4,800.00 per annum<br/>-------------------------------------<br/>Total - £7,999.92 per annum (7.62% rental yield)<br/><br/>