2-bedroom flat · YO11 1UB
For saleListed 32 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to present to the market this beautifully presented two-bedroom, second-floor apartment, occupying an enviable position within Scarborough's highly popular Falsgrave area.
Offered in exceptional condition, this purpose-built property boasts a wealth of highly desirable selling points, most notably a dedicated off-street parking space secured by CCTV, a convenient lift facility granting easy access to the apartment, and an impressive leasehold with approximately 980 years remaining.
Perfect for those seeking a secure and low-maintenance lifestyle, the home also benefits from a luxurious en-suite to the master bedroom and a pet-friendly policy (subject to management approval), making it a true turn-key opportunity for discerning owner-occupiers.
Accessed via a well-maintained communal entrance hall with both stairs and lift access, the apartment itself offers a thoughtfully designed and contemporary layout.
A welcoming private entrance hall, complete with a highly practical built-in utility cupboard, leads into a bright and spacious open-plan lounge and dining area.
This inviting reception space connects effortlessly to a modern kitchen, fully fitted with a sleek range of integrated appliances.
The accommodation further comprises a generous master bedroom featuring fitted wardrobes and a private en-suite shower room, alongside an additional well-proportioned double bedroom and a contemporary three-piece family bathroom suite.
Please note that to maintain the peaceful residential nature of the building, holiday and residential lets are not permitted, and the property is easily managed with a reasonable maintenance agreement of approximately £100 per calendar month and a £50 ground rent.
Perfectly positioned at Apartment 6, Belgrave Lodge (YO11 1UB), the property enjoys a superb central location that places the very best of Scarborough right at your fingertips.
Residents benefit from being within easy walking distance of the train station, major supermarkets, and the vibrant main shopping promenade with its diverse array of retail outlets.
The location is also highly convenient for commuting to major local employers, well-regarded schools, and colleges, while the stunning sweeping sands of Scarborough's South Bay beach remain just a short distance away.
Offering an unparalleled blend of coastal charm and everyday town-centre convenience, early internal viewing of this fantastic apartment is highly recommended.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Apartment 6, Belgrave Lodge, 5 Belgrave Crescent, Scarborough, North Yorkshire
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