1-bedroom flat · YO12 7HL
Let agreedReduced £25 (−4.3%) on 31 AugListed 153 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This beautifully refurbished one bedroom ground floor flat offers stylish modern living with a brand-new kitchen and bathroom, contemporary flooring, and fresh décor throughout.
The professionally refurbished building provides high-quality turnkey accommodation, complete with brand-new white goods included for added convenience.
The block itself also benefits from secure intercom entry system and newly installed CCTV security to the communal ground floor area, helping create a safe, well-maintained and professionally managed living environment.
Communal Area Newly refurbished communal areas and upgraded internal doors throughout. Entrance Hall Benefits from phone entry system for added security.
Lounge/Kitchen (4.10m x 3.84m) Open plan living with with a contemporary fitted kitchen, with brand new white goods included, and upgraded flooring.
Bedroom (2.67m x 2.30m) Neutral décor and upgraded carpets. Bathroom (2.39m x 1.22m) High quality, modern wet room.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Flat 2, 23, New Queen Street, Scarborough
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