We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · YO11 2AP
For saleListed 39 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
+++A STYLISH TWO BEDROOM GROUND FLOOR APARTMENT, currently operating as a SUCCESSFUL HOLIDAY LET and occupying an enviable position within an attractive VICTORIAN BUILDING close to Scarborough’s SOUTH BAY, ITALIAN GARDENS and SPA.
The property can be purchased with VACANT POSSESSION or, alternatively, as a FULLY FURNISHED HOLIDAY LET, offering an excellent opportunity for investors and lifestyle buyers alike.+++ Beautifully presented throughout, this bright and characterful apartment combines period charm with stylish contemporary décor and well-proportioned accommodation, all conveniently arranged on the ground floor.
The accommodation briefly comprises: entrance into a stylish galley kitchen, fitted with a range of modern units, attractive metro tiling and a breakfast bar providing additional casual dining space.
This leads through to a particularly impressive and spacious living/dining room, where a large bay window provides plenty of natural light and creates an attractive dining area overlooking the street.
The room is further enhanced by comfortable living space and a feature wood-burning stove, making it equally appealing throughout the seasons.
The apartment offers two well-presented bedrooms, comprising a generous double bedroom and a twin bedroom, providing flexible accommodation particularly well suited to the holiday letting market.
A modern bathroom completes the internal accommodation. The property is currently run as a successful holiday let and represents an exciting ready-made investment opportunity.
For those wishing to continue its existing use, the apartment can be purchased fully furnished, allowing a new owner to take on an established holiday property with minimal setup required.
Alternatively, the property is available with vacant possession for buyers seeking a permanent home, second home or coastal retreat. The location is undoubtedly another major selling point.
Situated within easy reach of Scarborough's renowned Italian Gardens, Spa, Cliff Lift and South Bay Beach, an excellent selection of attractions, eateries and coastal walks are virtually on the doorstep.
Scarborough Town Centre is also readily accessible, together with the harbour, historic Old Town and Scarborough Castle.
For those wishing to explore further afield, the spectacular North York Moors National Park and the wider Yorkshire Coast are also within convenient driving distance.
A stylish and versatile ground floor apartment in a superb coastal location, offering the rare opportunity to acquire either a beautifully presented home by the sea or an established, fully furnished holiday letting investment.
Early internal viewing is highly recommended. Contact Liam Darrell Estate Agents for further information.
Tenure: We have been advised by the Vendor(s) that this property is Leasehold with a 999 year lease implemented on the 27th October 2017 with an in house management company - 18 Esplanade Gardens Management Company LTD.
The maintenance is paid on an ad-hoc basis and there is currently a charge of £80.00 per month payable for the cleaning of the windows and the communal areas.
The building insurance is paid annually and we have been advised that current cost for this flat is £245.66. We are also led to believe that both HOLIDAY LETTING and PETS are PERMITTED.
*However, we do advise that these matters are subject to clarification via a solicitor.
HMRC DISCLAIMER: If you have an offer accepted on this property, we are obliged by HMRC to conduct mandatory Anti Money Laundering Checks.
We outsource these checks to our compliance partners at IAmProperty/Movebutler. They charge a fee for this service. For further information, please contact our office.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
Agent & docs

FAQ
About Esplanade Gardens, Scarborough, North Yorkshire
Explore nearby