Colin Ellis Estate Agents says ..

Property Oracle says ..

This listing is for a single garage located on Princess Royal Park in Scarborough, North Yorkshire. The garage is part of a terrace of similar units. The property is described as suitable for vehicular or storage use. The provided photographs reveal a brick-built structure with an up-and-over door. The exterior shows some signs of weathering and the paint is peeling on at least one garage. The internal image shows a basic, empty space with a concrete floor. The location is a key selling point, as it’s on the South Cliff of Scarborough, known for its desirable properties and proximity to amenities. However, the size of the property (one garage only) is a significant limiting factor, making it suitable for a limited range of buyers, such as those seeking simple storage or parking space. The absence of a garden or significant land is also noteworthy. The price, at £16,000 is low considering the location but reflects the nature and condition of the property. There are nearby schools and transport links within approximately 1km. Overall, the property presents a niche investment opportunity suitable only for specific requirements. Further details on the leasehold or freehold status would enhance the clarity of the listing. While the location is advantageous, the lack of land and the condition of the garage will likely limit the pool of potential buyers.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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