4-bedroom house · YO12 5AX
Sold STCReduced £10k (−5.3%) on 20 JunListed 454 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent opportunity to acquire a versatile and spacious mixed-use property situated in a prominent location on Falsgrave Road, one of Scarborough’s busiest and most well-connected thoroughfares.
The ground floor comprises a generous commercial shop unit, ideal for a wide range of retail, service, or office uses (subject to necessary consents).
The unit benefits from a private WC and kitchen/utility facilities, offering convenience for staff or tenants.
Large display windows provide excellent visibility and footfall from the bustling street, making this an attractive option for businesses looking to establish or expand in Scarborough.
Above the shop is a well-proportioned four-bedroom apartment set out over two floors.
The accommodation includes a bright and spacious lounge, a fully fitted kitchen, and a family bathroom, making it ideal for owner-occupiers, staff accommodation, or rental investment.
Each bedroom offers ample space and natural light, with the overall layout providing flexibility for a family or shared living arrangement.
Falsgrave is a vibrant and well-established area of Scarborough, known for its mix of independent shops, cafes, and essential local amenities.
Located just a short walk from the town centre and Scarborough’s stunning coastline, it offers excellent transport links and a strong sense of community.
Popular with both residents and visitors, Falsgrave blends convenience with character, making it a sought-after location for both living and business.
Don't miss this rare opportunity to own a prominent freehold property offering both commercial and residential possibilities in one of Scarborough’s most sought-after locations.
Material Information Scarborough Council Tax Banding; Exempt Council Tax For Flat: B Agent Note To date these details have not been approved and therefore should not be relied upon.
Agent Note This property is commercial and is to be sold with tenants in situ.
Hmrc Disclaimer - Scarborough Should you wish to proceed with an offer on this property we are obliged by hmrc to conduct mandatory Anti Money Laundering Checks.
We outsource these checks to our compliance partners at Kotini and they charge a fee for this service.
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
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FAQ
About 58, Falsgrave Road, Scarborough
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