2-bedroom flat · YO12 5DW
Sold STCListed 105 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented two-bedroom first floor flat, recently renovated to a high standard, offering stylish, move-in-ready accommodation in the sought-after Stepney area of Scarborough.
Finished with a contemporary feel throughout, the property comprises a welcoming entrance hall, a spacious lounge/diner providing an excellent space for both relaxing and entertaining, and a modern fitted kitchen complete with integrated fridge/freezer, oven and dishwasher.
There are two well-proportioned bedrooms, with the principal bedroom benefiting from a garden view.
The contemporary bathroom has been finished to a high standard and features a large walk-in shower, creating a stylish and practical space.
The property also benefits from gas central heating, quality fixtures and fittings, and tasteful décor throughout.
Located on the first-floor landing, just outside the apartment, is a private utility/laundry store room, providing useful additional storage and laundry space.
This area also gives access to the well-maintained communal rear garden, offering an attractive outdoor space for residents to enjoy.
This superb home would be ideal for first-time buyers, professionals, those looking to downsize, or investors seeking a high-quality, low-maintenance property.
Early viewing is highly recommended to fully appreciate the standard of accommodation on offer.
8 Stepney Lodge A beautifully presented two-bedroom first floor flat, recently renovated to a high standard, offering stylish, move-in-ready accommodation in the sought-after Stepney area of Scarborough.
Finished with a contemporary feel throughout, the property comprises a welcoming entrance hall, a spacious lounge/diner providing an excellent space for both relaxing and entertaining, and a modern fitted kitchen complete with integrated fridge/freezer, oven and dishwasher.
There are two well-proportioned bedrooms, with the principal bedroom benefiting from fitted wardrobes, providing excellent built-in storage.
The contemporary bathroom has been finished to a high standard and features a large walk-in shower, creating a stylish and practical space.
The property also benefits from gas central heating, quality fixtures and fittings, and tasteful décor throughout.
Located on the first-floor landing, just outside the apartment, is a private utility/laundry store room, providing useful additional storage and laundry space.
This area also gives access to the well-maintained communal rear garden, offering an attractive outdoor space for residents to enjoy.
This superb home would be ideal for first-time buyers, professionals, those looking to downsize, or investors seeking a high-quality, low-maintenance property.
Early viewing is highly recommended to fully appreciate the standard of accommodation on offer. Communal Entrance Communal Entrance with stairs to the first floor, the property is on the right.
Private Entrance Lounge/Diner (5.20 x 4 (17'0" x 13'1" )) Kitchen (2.70 x 2.44 (8'10" x 8'0")) Bedroom 1 (4 x 3.7 (13'1" x 12'1")) Bedroom 2 (4.00 x 3.00 (13'1" x 9'10")) Bathroom (2.41 x 2.30 (7'10" x 7'6")) Uitility/Store Room Space for washing and tumble machine Communal Garden Tenure The property is Freehold and the Block Maintenance is with Ellis Hay.
The fees are currently £650, payable twice yearly.
Value & comps
No previous sales on record.
Returns
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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
Agent & docs
FAQ
About 8, Stepney Lodge, Stepney Close, Scarborough
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