We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · YO12 7JA
Sold STCReduced £8k (−13.3%) on 1 JulListed 775 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to this charming property located on North Marine Road in the picturesque town of Scarborough. As you step inside, you'll be greeted by a large kitchen/living room, just off the hallway.
The property features a generously sized bedroom offering ample space for all your furniture and personal touches and ensuring a peaceful night's sleep in a comfortable and inviting setting.
The modern shower room offers a touch of luxury, providing a tranquil space to unwind and rejuvenate.
Additionally, the separate WC adds convenience to your daily routine, making busy mornings a breeze. North Marine Road is located in Scarborough, a popular seaside town in North Yorkshire, England.
This road is situated in the northern part of Scarborough, close to the North Bay and the scenic coastal area. It runs parallel to the shoreline, offering picturesque views of the sea and cliffs.
North Marine Road is known for being the home of Scarborough Cricket Club, where the historic North Marine Road Ground is located, a venue that has hosted numerous county and international cricket matches.
The area is also within walking distance of the Scarborough Castle, the Peasholm Park, and several other tourist attractions, making it a central spot for visitors to the town.
Don't miss out on this brilliant opportunity, perfect for investors, couples or holiday makers. Call the office today to learn more about this beautiful apartment.
Material Information Scarborough Tenure Type; Leasehold Leasehold Years remaining on lease; 181 Leasehold Annual Service Charge Amount £420 Council Tax Banding; Exempt Calling All Landlords Calling all landlords!
This property offers an excellent investment opportunity with a potential rental income of £650 per calendar month, generating an impressive gross yield of 8%.
Whether you're expanding your portfolio or entering the rental market, this property represents strong rental demand and a solid return.
Contact us today for more details on this fantastic buy-to-let opportunity.
Hmrc Disclaimer - Scarborough Should you wish to proceed with an offer on this property we are obliged by hmrc to conduct mandatory Anti Money Laundering Checks.
We outsource these checks to our compliance partners at Kotini and they charge a fee for this service.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
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FAQ
About Flat 4, 116, North Marine Road, Scarborough
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