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See how verdicts work9-bedroom property · YO11 2BT
For saleListed 507 days
Opportunity summary
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About
We are delighted to offer this rental investment block mixed with bedsits & flats. The block is currently achieving over £53,000 per annum with scope to improve.
This block has three bedsits/studio apartments and six self contained flats. There is also a utility room on the lower ground floor and office space on the top floor.
Lower Ground Floor: On the lower ground floor you have the first self contained flat, comprising of bay windowed lounge with modern beech fitted kitchen area, double bedroom and shower room, on this floor there is the addition of a utility room with WC and access into the shared garden space Ground Floor: This floor has a good sized flat consisting of bay windowed lounge with many original features and modern fireplace open to beech effect fitted kitchen area, large double bedroom with ample room for wardrobes, separate bathroom which has white suite with bath and hand held shower over accessed from the hallway all with Gas Central Heating.
First Floor: Upstairs to front facing self contained flat consisting of bay windowed lounge open to beech effect fitted kitchen area , small double with shower room and gas central heating, first bedsit which consists of open plan, lounge bedroom and small beech fitted kitchen area, shower room accessed from the hallway all with Gas Central Heating which is included in the rent.
Second Floor: On the second floor there is another front facing self contained flat which has lounge open to fitted kitchen, small double bedroom and modern shower room with under sink storage and black tiled flooring all with gas central heating, second bedsit consisting of lounge/ bedroom open to beech kitchen and shower room accessed from the hallway again with gas central heating.
Third Floor: Third floor to self contained flat with bay windowed lounge open to cherry wood effect fitted kitchen with alcove storage, double bedroom and compact shower room all with electric heating, bedsit with open plan lounge/bedroom and small beech fitted kitchen with shower room accessed from the hallway.
Top Floor: Upstairs to top floor which has front facing flat which consists of loft style lounge open to cherry wood effect fitted kitchen, double bedroom with sloping ceiling and shower cubicle, toilet and sink accessed from the hallway, spacious room used as an office space all with electric heating.
Please contact Tower Estates if you wish a full details of the tenancies Council Tax Band: G (Scarborough Borough Council) Tenure: Freehold
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 Albion Road, Scarborough
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