Nestled just a street away from the picturesque coastline, this spacious Victorian townhouse at 12 Abbey Terrace offers an exciting investment opportunity. Originally converted into five flats in the early 1980s, the property retains some charming original features, such as broad panelled doors and decorative glass windows, while also presenting a canvas for modern renovation. Currently, only two apartments are occupied, with plans for vacant possession aimed at facilitating upgrades for a new owner.
The layout includes a basement apartment with independent access and four additional flats sharing a communal entrance and hallways. The building is equipped with essential safety features including a fire alarm system and an external fire escape servicing all upper floors. Each flat boasts one double bedroom and distinct kitchen areas separate from the lounge spaces.
The exterior offers a small garden at the front and a yard at the rear that includes limited storage space as well as a designated parking spot, although much of the yard is reserved for the fire escape. Given its location within a Conservation Area, any renovation will need to be mindful of local regulations but presents significant potential for value enhancement in this desirable area of Yorkshire.
