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See how verdicts work1-bedroom flat · YO11 2LF
For saleReduced £3.5k (−8.3%) on 26 OctListed 380 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Andrew Cowen Estate Agents are pleased to bring to the market this SPACIOUS ONE BEDROOM GROUND FLOOR APARTMENT for OVER 60's, situated on the SOUTH SIDE OF SCARBOROUGH, within close proximity to THE BEACH and TOWN CENTRE.
The property offers a SPACIOUS LOUNGE, FITTED KITCHEN and THREE-PIECE BATHROOM SUITE. Has UPVC DOUBLE GLAZING and ELECTRIC HEATING.
This property would appeal to those looking for a wonderful community feeling.
This accommodation comprises; entrance hallway leading into the spacious lounge, a fitted kitchen with a range of base and wall units.
The property also offers one, good sized double bedroom with built in wardrobe and a three-piece bathroom suite.
In addition, the property offers a wonderful community feeling, with in house organised entertainment evenings, allowing you to mix and mingle and make new friends.
In addition, this property offers a communal guest area, 24 hour emergency call system, a house manager, storage room for your mobility scooter if needed and a communal laundry and lovely outdoor space.
It is a condition of purchase that residents be over the age of 60 years, or in the event of a couple, one must be over the age of 60 years and the other over 55 years.
Leasehold with 60yrs remaining, EXTENSION IS AVAILABLE. Service charge is £1648.24 paid twice yearly, includes water and laundry room. Ground rent is £256.03 paid twice yearly.
*All matters of tenure are subject to verification and clarification of solicitors in a contract of sale. * Viewing is essential to appreciate the space and position that this property has to offer.
Please call our friendly Sales Team on to arrange your viewing today!
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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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 Grosvenor Crescent, Scarborough
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