2-bedroom flat · YO12 6UG
For saleListed 581 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
MAIN DESCRIPTION A WELL PRESENTED TWO BEDROOM FIRST FLOOR OVER 55'S APARTMENT ON A 70% SHARED OWNERSHIP WITH THE JOSEPH ROWNTREE TRUST.
SITUATED IN THE FIRST BUILDING, CLOSE TO THE DOCTORS SURGERY, BUS STOP AND COMMUNITY HALL.
The property is situated in the well regarded area of Newby, with its wealth of amenities close to hand including doctors, chemist, dentist and supermarket and on a good bus route.
The property when briefly described comprises, entrance hall with external storage cupboard, large walk in storage area, front facing living room, modern kitchen, two well appointed bedrooms and modern shower room.
The complex has communal maintained gardens and private parking.
GROUND FLOOR ENTRANCE HALL FIRST FLOOR LANDING LIVING ROOM 13' 3" x 12' 5" (4.04m x 3.78m) KITCHEN 12' 9" x 4' 9" (3.89m x 1.45m) BEDROOM 11' 5" x 10' 5" (3.48m x 3.18m) BEDROOM 8' 6" x 6' 10" (2.59m x 2.08m) BATHROOM 10' 4" x 4' 8" (3.15m x 1.42m) STORAGE OUTSIDE COMMUNAL GARDENS PARKING
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
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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 Newby, Scarborough
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