1-bedroom flat · YO12 5AZ
For saleReduced £4k (−5.5%) on 12 OctListed 104 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented one-bedroom flat located on Falsgrave, ideally positioned close to a wide range of local amenities, shops, cafés, supermarkets, and excellent transport links.
The accommodation comprises a bright and spacious lounge, a fitted kitchen, one double bedroom with the added benefit of an en-suite shower room, creating a practical and comfortable living space.
The property also benefits from gas central heating and is presented in good order throughout.
This attractive flat would be ideal for a first-time buyer, someone looking to downsize, or as a buy-to-let investment, offering a convenient location and well-maintained accommodation close to everything Falsgrave has to offer.
Contact our friendly sales team on to arrange your viewing. Front Entrance Leading into communal area, take stairs to second floor.
Hallway With access to all rooms, the hallway has some storage space, wall mounted thermostat, radiator, overhead light, carpet, smoke alarm and electrical consumer unit.
Lounge Large lounge space with uPVC window overlooking Falsgrave Road. With spacious storage cupboard, "blank" fireplace, overhead light, carpet and radiator.
Currently used as bedroom Bedroom Large bedroom with en-suite bathroom. Also includes basin with storage below, rear aspect uPVC window, overhead light, carpet and radiator. Currently used as Lounge.
En Suite With matching W.C and bath with electric shower over. Tiled walls throughout with linoleum flooring. Radiator, overhead light and extraction unit.
Kitchen Spacious kitchen with a range of wall and base units. Space for washing machine, oven and fridge/freezer.
Stainless steel sink with tiled splashbacks, radiator, carpet, overhead light, uPVC window overlooking the front and recently fitted combi boiler (service every year since installation).
Tenure The property has a 125year lease with 88 years remaining. Maintenance The Maintenance is with Ellis Hay Management and fees for the half year from July to December will be £600.
Hmrc If your offer on a property is accepted, we are required under hmrc regulations to carry out Anti Money Laundering (aml) identity checks.
These checks are conducted by our appointed compliance partner and a fee will be payable by the buyer for this service. Please contact Ellis Hay for further details.
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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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 Flat 3, 72-74, Falsgrave Road, Scarborough
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