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See how verdicts work1-bedroom flat · YO12 7HZ
For saleReduced £2.5k (−2.8%) on 18 SepListed 916 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Set within a prestigious development of five luxury apartments (which have been completed to a high standard throughout) is this one bedroom ground floor apartment.
Early internal viewing is required to appreciate the modern yet characterful finish that this spacious, ground floor apartment provides. The property is currently utilised as a popular holiday let.
Apartment one does come fully furnished and comprises on the ground floor; entrance hall, a bay fronted bespoke lounge/kitchen, a beautiful modern three-piece shower room and a bay fronted master bedroom.
The apartment is situated within a block of five prestigious apartments of which have been tastefully renovated to a high standard throughout with a remarkable modern yet characterful and homely finish.
Situated on North Marine Road, the apartment offers access to a wealth of amenities being within close proximity to Scarborough Town Centre, Convenience Stores and Eating and Drinking establishments.
Also backing on to Scarborough cricket ground makes this appeal to numerous types of buyers and a short distance away is Scarborough's north bay, Peasholm Park and attractions such as the Alpamare Water Park.
Offered with no onward chain, early internal viewing is highly recommended for these prestigious, newly developed apartments and can be arranged through our friendly office team on or visit our website .
EPC Rating: C Entrance Hallway Dimensions: 1.6m x 1.0m (5'2" x 3'3"). Open Plan Living/Dining/Kitchen Dimensions: 4.7m max into bay x 4.3m (15'5" max into bay x 14'.
Bedroom Dimensions: 3.5m x 3.2m max into bay (11'5" x 10'5" max into b. Shower Room Dimensions: 2.4m x 1.4m (7'10" x 4'7"). Tenure We have been informed by the vendor that the property is Leasehold.
We are not aware of any restrictions.
Details Prepared Tlgv/091122 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 Landmark and Lifetime Legal. They charge a fee for this service. For further information, please contact our office.
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
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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.
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FAQ
About Flat 1, 128 North Marine Road, Scarborough
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