6-bedroom house · YO12 7HT
Listing removedReduced £10k (−2.1%) on 20 JunListed 262 days
Opportunity summary
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About
Cph are delighted to bring to the market this stunning 5/6 Bedroom holiday let, sitting prominently on the clifftop known as Queen's Parade, overlooking Scarborough's famous North Bay, lying within striking distance of the North York Moors National Park.
This Grade II Listed building benefits from breathtaking sea/castle views & private car park for multiple vehicles.
Highview is set over four floors and is currently arranged to sleep 12 people in five bedrooms together with a spacious owner's accommodation at lower ground floor level, with separate access doors to the front and rear.
The owners accommodation could potentially be incorporated into the main building if desired, to create further bedroom & further reception room for the holiday let - subject to planning.
Launching as a Holiday Let in 2019, Highview is currently trading through a variety of platforms but most notably Sykes Cottages (4.7/5 rating) and (8.7/10 rating).
The flat is also rented via ‘Air bnb’ with a 4.9 rating and superhost status achieved.
This really is a rare opportunity to acquire the freehold interest in this stunning mixed use property which would make an ideal ‘live in’ investment. All enquiries to CPH Property Services - & .
Bedroom 3.96 x 3.96 Living Room 5.23 x 4.78 Kitchen 3.05 x 2.39 Shower/Wet Room 2.39 x 1.73 Kitchen 3.99 x 3.61 Dining Room 5.31 x 4.11 First Floor On this floor lies a large cleaning/linen store.
Sitting Room 5.31 x 5.23 Twin Bedroom 4.04 x 3.76 Bedroom 2 4.57 x 2.74 Snug 4.57 x 1.85 Bedroom 3 5.28 x 3.78 Bedroom Four 5.23 x 3.05 Bedroom Five 5.23 x 3.40 Tenure Freehold Accounts Trading figures will be provided to seriously interested parties.
VAT VAT, if applicable, will be charged at the prevailing rate.
Business Rates The current rateable value (1st April 2023 to Present) is £5700 and therefore qualifies for 100% small business rates relief. Source - .
Energy Performance Band C (58) Details Prepared Tljw/021025 - C1308 Parking - Off Street Off Road/Driveway parking.
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
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FAQ
About (Residential Listing) Highview, 87 Queens Parade, Scarborough
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