3-bedroom house · YO11 2LT
Listing removedListed 107 days
Opportunity summary
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About
** Three Bedroom Semi-Detached Home Requiring Complete Renovation – A Rare Opportunity to Restore a Character Family Home ** Offered to the market with no onward chain, this substantial three bedroom semi-detached property presents an exciting opportunity for buyers looking to undertake a full renovation project.
Although now requiring extensive refurbishment throughout, the property clearly retains the proportions, character and charm of what was once a much-loved family home and offers tremendous scope to restore it to its former glory.
Property Description The accommodation comprises an entrance vestibule, hallway, spacious bay fronted living room, dining room and a large kitchen with access to the rear yard.
To the first floor are three well-proportioned bedrooms and a family bathroom.
Internally, the property requires comprehensive modernisation and refurbishment throughout, offering purchasers the opportunity to redesign and renovate to their own specification.
Despite its current condition, the property retains a number of original features, including fireplaces, bay windows and period detailing, providing an excellent foundation for an impressive restoration.
Externally, the property benefits from a front forecourt and a rear yard, providing access to an extensive additional garden beyond.
This additional area of garden is held under a separate title and there may be an opportunity for an interested purchaser to acquire it by separate negotiation, subject to agreement.
This is an ideal purchase for developers, investors or buyers searching for a rewarding renovation project in a sought-after residential location.
Living Room (4.45 x 3.70 (14'7" x 12'1")) Dining Room (4.17 x 3.17 (13'8" x 10'4")) Kitchen (4.98 x 3.15 (16'4" x 10'4")) Bedroom (3.59 x 4.71 (11'9" x 15'5")) Bedroom (4.16 x 2.85 (13'7" x 9'4")) Bedroom (2.88 x 3.11 (9'5" x 10'2")) Bathroom (2.06 x 1.82 (6'9" x 5'11")) Agent Note The property is being sold as a renovation project and purchasers should satisfy themselves regarding the condition of the property and any associated remedial works.
The inclusion of the additional rear garden area will be subject to separate agreement.
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 62, Royal Avenue, Scarborough
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