3-bedroom flat · YO12 7TN
Sold STCListed 162 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
CPH are DELIGHTED to offer to the market this LUXURY THREE BEDROOM APARTMENT which is complete with an ENSUITE to the MASTER BEDROOM, BALCONY and PRIVATE PARKING.
This property is finished to a SUPERIOR standard and is located in an EXCLUSIVE GATED DEVELOPMENT which has LIFT ACCESS and an ON-SITE GYM whilst being pleasantly situated on SCARBOROUGH'S NORTH BAY BEACH.
'The Sands' is an exclusive, gated development which leads out straight onto Scarborough's North Bay and beach which has an on-site gym and lift access within the building.
Also within the immediate area lies a variety of eateries, a convenience store and Peasholm Park as well as 'Alpamare' waterpark and Scarborough's Open Air Theatre, making this an ideal holiday rental.
The property offers the potential to also buy a beach hut alongside the apartment by separate negotiation.
There is also an option to have the property fully managed by the Escape 2 The Sands holiday rentals - details can be provided upon request.
This property briefly comprises of entrance hall leading to a spacious light and airy open plan lounge/diner/kitchen, complete with matching wall and base units and integrated appliances, patio doors to the private rear facing balcony, further lies two double bedrooms a three piece modern bathroom and a contemporary master bedroom complete with a three piece ensuite.
To the exterior private parking is offered with secure gated access. Viewing is highly recommended to appreciate the quality, size, finish and location this property has to offer.
To arrange a viewing please contact us today on or Tenure and Maintenance We have been informed that the property is Leasehold with approx 132 years remaining.
We have also been informed that the service charge is approx £2630 per annum with a £433 ground rent charge. We are not aware of any restrictions.
HMRC 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.
Area
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FAQ
About Peasholm Gap, Scarborough, YO12
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