2-bedroom flat · YO12 5BN
Sold STCListed 166 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
+++A superbly appointed two-bedroom apartment, occupying the second floor of a well-maintained purpose-built development in the ever-popular Stepney/Falsgrave district of Scarborough.
Boasting attractive elevated views across Oliver’s Mount and Falsgrave Park, the property offers a wonderful blend of comfort, convenience, and scenic surroundings.+++ The accommodation is thoughtfully arranged throughout and briefly comprises two spacious double bedrooms, a contemporary bathroom fitted with a stylish three-piece suite and shower over bath, together with a bright and welcoming living area ideal for both relaxing and entertaining.
The kitchen enjoys pleasant outlooks towards the surrounding greenery, enhancing the apartment’s light and airy feel.
The property is perfectly suited to a range of buyers, including first-time purchasers, professional couples, investors, or those searching for a coastal retreat.
Further benefits include a private garage and allocated off-street parking, providing secure parking and additional storage space — an increasingly rare advantage within this highly desirable location.
Conveniently situated close to a wide selection of everyday amenities, the apartment lies within easy reach of the popular Falsgrave shopping parade, supermarkets, reputable schools, Scarborough Hospital, and local colleges.
Excellent public transport links are available nearby, with regular bus services connecting directly to Scarborough town centre, while the A64 and A171 offer straightforward access for commuting further afield.
Scarborough itself continues to be one of the Yorkshire coast’s most desirable seaside towns, renowned for its stunning North and South Bay beaches, the renowned Open Air Theatre, historic attractions, and excellent range of shops, cafés, restaurants, and leisure facilities.
Contact our multi-award winning and market leading agency, Liam Darrell Estate Agents for further information or to arrange your internal viewing.
Tenure: We have been advised by the Vendor(s) that the property is Freehold with a deed of covenant in place between all apartment owners.
We have also been advised that the approximate annual service charge is £500.00 to include building insurance. We also believe that Letting and Pets are permitted.
*We do however advise that matters subject to the tenure, maintenance and restrictions are to be clarified via a Solicitor in a contract of sale.
HMRC DISCLAIMER: 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 IAmProperty/Movebutler. They charge a fee for this service. For further information, please contact our office.
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
Agent & docs

FAQ
About Stepney Road, Scarborough, North Yorkshire
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