2-bedroom flat · YO12 7TN
For saleListed 278 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spectacular beachfront apartment forming part of the award-winning Sands Development.
Positioned directly on Scarborough’s beautiful North Bay, this stunning first-floor, two double bedroom leasehold apartment offers luxury coastal living with the added benefits of gated private parking and exclusive access to a state-of-the-art gym.
A spectacular beachfront apartment forming part of the award-winning Sands Development.
Positioned directly on Scarborough’s beautiful North Bay, this stunning first-floor, two double bedroom leasehold apartment offers luxury coastal living with the added benefits of gated private parking and exclusive access to a state-of-the-art gym.
Immaculately presented throughout, the accommodation briefly comprises an entrance hall, a master bedroom with an en-suite shower room, a modern family bathroom, a second double bedroom, and a superb open-plan living/dining/kitchen area complete with integrated appliances.
From here, doors open onto a grand balcony — the perfect place to relax and take in the uninterrupted sea, beach, and castle views.
The apartment is currently operating as a successful holiday let, with accounts available upon request, making it an attractive option for investors as well as those seeking a luxurious coastal home.
In our opinion, these are truly exceptional beachside residences in an unbeatable location, with the beach, cafés, and local amenities just moments away.
We have been informed by the vendor that the property is Leasehold with approximately 137 years remaining.
There is a current maintenance agreement in place with Benchmark Leisure Limited of approximately £1500 per annum plus a ground rent of approximately £250 per annum.
HMRC Check 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 Guild365.
They charge a fee for this service. For further information, please contact our office.
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 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 Peasholm Gap, Scarborough, North Yorkshire, YO12
Explore nearby