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See how verdicts work2-bedroom flat · YO11 1ND
For saleReduced £4.5k (−2.4%) on 26 OctListed 138 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nicholson's Estate Agents are delighted to offer for sale this deceptively spacious two-bedroom leasehold apartment, ideally located within walking distance of Scarborough-s seafront, South Bay, the town centre, and the historic Old Town.
The property offers well-proportioned accommodation throughout, briefly comprising a generous living room that enjoys plenty of natural light, a well-appointed kitchen diner, two good-sized bedrooms, and a modern house bathroom.
The main bedroom further benefits from the convenience of its own en suite shower room.
Overall, the apartment boasts impressive views and an abundance of natural light, creating a bright and welcoming living space.
Externally, the property also benefits from its own designated private parking space, adding further practicality and convenience.
Offered to the market with no onward chain, this property would make an ideal permanent residence, coastal retreat, or holiday let, and early viewing is highly recommended to fully appreciate the space, location, and views on offer.
COMMUNAL ENTRANCE The main entrance door opens into a clean and well-presented communal hallway, with a staircase providing access to all floors of the building.
PRIVATE ENTRANCE A private entrance door opens into a welcoming hallway, which benefits from a uPVC window allowing plenty of natural light to flow in, and a door providing access to a useful storage cupboard.
KITCHEN 3.91m (12'10) x 2.79m (9'2) A modern and well-appointed kitchen fitted with a good range of cream wall and base units with work surfaces over.
Appliances include a gas hob with extractor hood above and an electric oven.
A single drainer stainless steel sink unit with a partly tiled surround sits beneath a uPVC double-glazed window, enjoying pleasant sea views.
The kitchen also benefits from an integrated fridge and freezer, with additional space for a washing machine. There is ample space for a dining table, making it ideal for everyday dining. Radiator.
LOUNGE 5.31m (17'5) x 3.91m (12'10) A well-proportioned and inviting lounge featuring a uPVC double-glazed window with fabulous views over the harbour, complemented by a second window providing additional outlooks across to South Bay and Cayton.
Radiator. BEDROOM ONE 4.8m (15'9) x 3.51m (11'6) A very spacious and well-proportioned double bedroom with a uPVC double-glazed window that enjoys attractive views across to the castle. Radiator.
EN-SUITE 2.01m (6'7) x 1.3m (4'3) Fitted with a three-piece suite comprising a tiled walk-in shower cubicle, pedestal wash hand basin, and low-level WC, complemented by a radiator and extractor fan.
BEDROOM TWO 3.71m (12'2) x 3.4m (11'2) Another generously sized double bedroom featuring a uPVC double-glazed window that enjoys attractive views towards the castle, creating a bright and comfortable room.
Radiator. BATHROOM A larger-than-average house bathroom fitted with a three-piece suite comprising a panelled bath with shower attachment, pedestal wash hand basin, and low-level WC.
The room also benefits from partly tiled walls and a uPVC double-glazed window allowing natural light.
VIEWS The apartment benefits from fabulous views across the harbour and South Bay, while additional views can be enjoyed from a short walk to the front of the property, accessible directly from King Street, making it ideal for taking in the surrounding scenery.
ALLOCATED PARKING There is one allocated parking space for the apartment. COUNCIL TAX Online enquiries suggest the property lies in Band B.
Verbal enquiries can be made to North Yorkshire Council on TENURE / MAINTENANCE The property is believed to be leasehold, with the lease being for 999 years commencing January 2015.
We have been informed by our vendor that the annual ground rent is £532.15 and the service charges are £1300 per annum and include building insurance.
SERVICES Main supplies of water, electricity, gas, and drainage are connected to the property.
(Please note it is not company policy to test any of the services or appliances in properties offered for sale, and these should be verified by the purchasers.) DISCLAIMER These particulars are subject to constant review and updating.
Comments under tenure, council tax, planning use, and service availability are provided for guidance only and are not based on formal enquiry, which is outside the scope of our agency instructions.
It remains for purchasers to satisfy themselves as to the facts. We cannot, therefore, accept any responsibility for information provided in good faith which may subsequently require amendment.
Measurements provided are approximate only and should not be relied upon for other purposes.
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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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.
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FAQ
About The Old Brewery, Scarborough
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