We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts workStudio flat · YO11 2RP
Listing removedReduced £5k (−7.1%) on 20 JunListed 193 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description The property features a bright and airy open-plan living space, enhanced by two large windows which fill the room with natural light.
A cleverly designed mezzanine sleeping area provides a cosy and elevated retreat, maximising the use of space while maintaining a comfortable living area below.
The room offers ample scope for both relaxation and dining, making it a versatile and practical layout.
The separate kitchen is fitted with a range of wall and base units, providing generous storage and worktop space, along with room for essential appliances.
The shower room is well-appointed with a modern shower enclosure, wash basin, and storage unit Further benefits include neutral décor throughout, gas central heating from the combi boiler, and a convenient location within easy reach of local amenities, transport links, and the vibrant town centre.
This block has communal entrance with locked letter boxes for each apartment.
The famous Scarborough Beach is just moments away, offering beautiful coastal walks, cafes, and leisure attractions right on your doorstep.
EPC grade C Gas & eicr available upon request Buy-to-let tenancies are permitted in this block with a potential rent of around £500 per month Unfortunately no short term/holiday lets are allowed in this block Hallway - 2.69 m2 Living Room/Bedroom - 13.71 m2 Kitchen - 10.07 m2 Bathroom - 2.67 m2 Council Tax Band: A (Scarborough Borough Council) Tenure: Leasehold (962 years) Service Charge: £1,020 per year
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
Agent & docs
.png){kind=logo}
FAQ
About Flat 6, 1 Princess Royal Terrace, Scarborough
Explore nearby
