4-bedroom terraced house · YO12 7HL
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Main Description Commercial Opportunity in Central Scarborough An excellent opportunity to acquire a well-positioned commercial property located on New Queen Street, within close proximity to Scarborough town centre and key amenities.
Offered with vacant possession, the property is ideally suited to owner-occupiers, investors, or those seeking to establish a new business or relocate an existing operation.
The property comprises a ground floor with three additional upper floors, forming a versatile commercial building.
It benefits from a prominent frontage and good natural light, creating an inviting trading environment.
Internally, the space offers flexible accommodation that can be adapted to a variety of uses, subject to the necessary consents.
Situated in a convenient central location, the property enjoys easy access to local transport links, nearby retailers, and surrounding residential neighbourhoods, ensuring a steady level of passing trade and footfall.
Key Features: · Freehold commercial property · Vacant possession – ready for immediate occupation · Prominent position on New Queen Street · Arranged over ground plus three upper floors · Suitable for a range of uses (subject to planning) · Excellent opportunity for owner-occupiers or investors · Competitive asking price of OIEO £150,000 Scarborough continues to benefit from regeneration initiatives and sustained demand for well-located commercial premises, making this an attractive and affordable acquisition with strong future potential.
Early viewing is highly recommended to fully appreciate the opportunity on offer.
Viewing is recommended to appreciate the space on offer at this property and a virtual tour is available online for convenience.
Property Information Local Authority North Yorkshire Conservation Area - Scarborough Flood Risk: Rivers & Seas - Very low Surface Water - Very low Coverage Mobile (based on calls indoors) O2 Average EE Average Three Average Vodafone Average Broadband (estimated speeds) Standard 16 mbps Superfast 80 mbps Ultrafast 1800 mbps Satellite & Cable TV Availability BT Yes Sky Yes Virgin Yes Agent Note HMRC is a supervisory body for money laundering regulations, of which all estate agents need to be registered.
As part of this, there are multiple requirements that agents must rigorously and consistently meet to ensure they stay compliant with the regulations and protect their clients.
To do this, we use an identity verification service, approved by the Government as part of the Digital Identity and Attributes Trust Framework (DIATF).
This method and the process we follow to ensure compliance for your transaction come with significant time, financial and legal implications hence a portion of this is passed on.
We elected for this verification process due to the speed, certainty, and accuracy it delivers.
This helps us to protect all our client's interests by using the most advanced verification process to help prevent the impacts of money laundering alongside our internal manual policies and procedures while staying compliant with HMRC.
The administrative charge for this process is £40 plus VAT for a sole purchaser, £65 plus VAT for two purchasers and £75 plus VAT three or more purchasers.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
SCA240084/2 Main Description Commercial Opportunity in Central Scarborough An excellent opportunity to acquire a well-positioned commercial property located on New Queen Street, within close proximity to Scarborough town centre and key amenities.
Offered with vacant possession, the property is ideally suited to owner-occupiers, investors, or those seeking to establish a new business or relocate an existing operation.
The property comprises a ground floor with three additional upper floors, forming a versatile commercial building.
It benefits from a prominent frontage and good natural light, creating an inviting trading environment.
Internally, the space offers flexible accommodation that can be adapted to a variety of uses, subject to the necessary consents.
Situated in a convenient central location, the property enjoys easy access to local transport links, nearby retailers, and surrounding residential neighbourhoods, ensuring a steady level of passing trade and footfall.
Key Features: · Freehold (truncated) Property Information Local Authority North Yorkshire Conservation Area - Scarborough Flood Risk: Rivers & Seas - Very low Surface Water - Very low Coverage Mobile (based on calls indoors) O2 Average EE Average Three Average Vodafone Average Broadband (estimated speeds) Standard 16 mbps Superfast 80 mbps Ultrafast 1800 mbps Satellite & Cable TV Availability BT Yes Sky Yes Virgin Yes Agent Note HMRC is a supervisory body for money laundering regulations, of which all estate agents need to be registered.
As part of this, there are multiple requirements that agents must rigorously and consistently meet to ensure they stay compliant with the regulations and protect their clients.
To do this, we use an identity verification service, approved by the Government as part of the Digital Identity and Attributes Trust Framework (DIATF).
This method and the process we follow to ensure compliance for your transaction come with significant time, financial and legal implications hence a portion of this is passed on.
We elected for this verification process due to the speed, certainty, and accuracy it delivers.
This helps us to protect all our client's interests by using the most advanced verification process to help prevent the impacts of money laundering alongside our internal manual policies and procedures while staying compliant with HMRC.
The administrative charge for this (truncated)
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 advisers 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
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FAQ
About New Queen Street, Scarborough, YO12
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