3-bedroom house · YO11 1SF
Listing removedReduced £15k (−13%) on 3 JulListed 365 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Cph are delighted to present a unique investment opportunity, this centrally located property features a commercial premises below with a charming 3-bed maisonette above.
This property boasts no onward chain, offering a smooth acquisition process.
The commercial space provides ample storage and sets the stage for a thriving business, while the three-bedroom maisonette above exudes charm and character.
The layout seamlessly combines workspace and living quarters, creating a versatile environment for any business owners looking to either reside on-site or generate a further income by renting out the above maisonette.
With an emphasis on functionality and convenience, this property caters to those seeking a smart investment in a prime location.
The rear yard adds a touch of practicality, perfect for outdoor breaks or additional storage needs.
Centrally located and with a promising potential for dual usage, this property is a rare find in the market.
Ideal for investors seeking a lucrative venture, do not miss out on the opportunity to explore this exciting property in person. Schedule a viewing today and unlock the possibilities that await.
To arrange a viewing please contact our friendly team on or visit our website .
Location Scarborough is an established commercial, tourist and retail centre, lying approximately 40 miles east of York with a population of in the region of 81,000 people and a district population of around 110,000 persons (Sources: Ons and Focus).
The town is adjacent to the North Yorkshire Moors National Park and is one of the principal resorts on the north east coast, attracting an estimated 7 million visitors a year.
The property lies on the eastern side of Victoria Road which is a popular secondary locality.
The property occupies a prominent end of terrace position and benefits from car parking facilities closely.
Victoria Road itself forms a mixed residential and commercial locality and provides a continuation of Castle Road forming one of the key thoroughfares.
Business Rates/Council Tax The ground floor has been assessed for Business Rates as follows: Rv - £5,450 100% Small Business Rates Relief may be available.
Prospective purchasers are advised to make their own enquiries with regards to Business Rates.
The residential accommodation has been assessed for Council Tax as follows: Band A EPC We understand that the Energy Rating for the property is: Commercial Band (D). Residential Band (D).
The full EPC's are available to view at our offices for interested parties.
Details Prepared AB171025 Hmrc Disclaimer If you have an offer accepted on this property, we are obliged by hmrc to conduct mandatory Anti Money Laundering Checks.
We outsource these checks to our compliance partners at Landmark and Lifetime Legal. They charge a fee for this service. For further information, please contact our office.
Yard Rear yard with gated access.
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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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 advisors 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
FAQ
About 62 Victoria Road, Scarborough
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