2-bedroom flat · YO11 2UZ
For saleListed 804 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Andrew Cowen Estate Agents present to the market this BEAUTIFULLY PRESENTED, TWO BEDROOM APARTMENT located within a stone-built PERIOD BUILDING on Scarborough's desirable ESPLANADE with a PRIVATE TERRACE at the rear, perfect for OUTDOOR SEATING and a BRICK GARAGE.
The property briefly comprising; an entrance hall, a spacious, bay fronted light and airy lounge offering views towards the sea, a modern fitted kitchen-dining room, two double bedrooms, one with a three piece en-suite, separate communal three piece bathroom, and plenty of storage space.
Externally, the property offers a private terrace accessed via the kitchen perfect for use as an outdoor seating area and brick garage.
This property is believed to be freehold but all matters of tenure are subject to verification and clarification of solicitors in a contract of sale, vacant possession upon completion.
Annual service charge of £924.84 paid twice yearly. Yes to lets and pets, no to holiday lets.
*all matters of tenure are subject to verification and clarification of solicitors in a contract of sale.* Located within the highly desirable Esplanade, close to Scarborough's South Bay Beach and within proximity to Scarborough Town Centre and South Cliff.
The property provides a wealth of amenities and attractions at hand including local shops, eateries, Rotunda Museum and Scarborough Spa.
Early internal viewing is essential in order to fully appreciate this unique apartment. Please call our friendly Sales Team on to arrange your viewing today!
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 61-62 Esplanade, Scarborough
Explore nearby
