Grosvenor Crescent, Scarborough

Presenting a unique opportunity to acquire a 10-bedroom HMO block located in Scarborough, currently generating over £51,000 annually with tenants already in place. This property features ten distinct bedrooms with en-suite facilities, supported by two communal kitchens and a shared garden area, making it ideal for multifunctional living or investment purposes. The lower ground floor includes the kitchens and utility room with coin-operated appliances for additional income, complemented by direct access to the rear yard and one en-suite bedroom. On the ground floor, an expansive entrance hall leads to further rooms—one with its own bathroom and another boasting an en-suite shower. The first floor features several storage options along with multiple rooms equipped with either shower rooms or bathrooms. The top floor is adorned with a charming stained glass skylight and offers panoramic views of Scarborough, comprising four rooms; two are equipped with en-suites while the other pair share a shower room/WC. Given the current layout and condition, this property holds significant potential for modernization which can enhance its value and rental yield.