2-bedroom flat · YO11 2BB
For saleListed 458 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Andrew Cowen Estate Agents are proud to present to the market this WELL PRESENTED TWO BEDROOM, THIRD FLOOR APARTMENT situated on the FAMED ESPLANADE, close to a NUMBER OF LOCAL AMENITIES and a short walk to the south bay beach.
The property has A SPACIOUS LOUNGE/DINING AREA WITH FANTASTIC SEA VIEWS, FITTED KITCHEN and TWO GOOD SIZED DOUBLE BEDROOMS.
With an added bonus of A PASSENGER LIFT, this property would be suitable for a HOST OF BUYERS, including those looking for a SEASIDE HOLIDAY HOME.
This accommodation briefly comprises; entrance hallway leading to the lounge/dining area with feature fireplace and sea views, a fitted kitchen with a range of base and wall units, integrated appliances and breakfast area, two double bedrooms with the master having built in furniture and sea views, a four piece family bathroom and a separate WC with wash hand basin.
This property is ideally located on Scarborough’s sought after Esplanade, situated amongst a wealth of amenities and attractions including Ramshill Shopping Parade where a variety of local shops and eateries are located, Scarborough’s South Bay Beach and Scarborough Castle, Italian Gardens, scenic walks over the Spa Bridge to Scarborough Town Centre and beyond.
The maintenance fee is £2216.40/pa and ground rent is £50.00/pa *All matters of tenure are subject to verification and clarification of solicitors in a contract of sale.
* DON'T MISS THIS ONE, VIEWING IS ESSENTIAL to appreciate the space, feel and position that this fantastic property has to offer, please call our friendly Sales Team on to arrange your viewing.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
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