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See how verdicts work4-bedroom terraced house · YO11 1SR
Sold STCListed 74 daysAuction 28 Sep · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A reconfigured terrace house, with the kitchen located on the first floor and two reception rooms on the ground floor.
The property requires updating and offers scope for improvement and further alteration (subject to any necessary consents).
The property would suit an investor or owner occupier looking for a project with potential to adapt the accommodation or improve the works that have already been carried out.
The property benefits from gas central heating and is double glazed throughout.
Location Sherwood Street is conveniently situated close to Scarborough town centre, with a wide range of shops, supermarkets, cafés and restaurants within easy walking distance.
Scarborough railway station and bus services are nearby, while the town centre and seafront are readily accessible on foot.
Accommodation Ground Floor Entry leading to: Lounge - 12'11" x 9'7" Living Room - 9'11" x 9'7" First Floor Landing leading to: Dining Room - 12'11" x 11'4" Kitchen - 10'1" x 12'5" Bathroom - 9'0" x 6'9" Second Floor Landing leading to: Bedroom - 11'2" x 17'3" Bedroom - 11'6" x 12'10" External Enclosed rear courtyard.
EPC Current rating D62. Services The property is connected to mains gas, water, drainage, and electricity; however, these services have not been tested.
Tenure We understand the property to be Freehold. Council Tax Council tax is payable to Scarborough Council and both flats are in Band B.
Viewings Strictly by appointment with Auction House on or the joint agents Reeds Rains on . Joint Agents Reeds Rains, 16 Aberdeen Walk, Scarborough, North Yorkshire, YO11 1XP.
Tel: Solicitor HNW Law, Suite 17, The Cadcam Centre, High Force Road, Riverside Park, Middlesbrough, TS2 1RH, Ref: Rachel Williamson, Tel: Method of Sale The property will be offered for sale by online auction with bidding commencing at 12 noon on Monday 28th September 2026 and closing on Wednesday 30th September 2026 at 1.00pm.
For further legal information relating to this lot please log on to auctionhouse.co.uk/hullandeastyorkshire.
Conditions of Sale The property will be sold subject to conditions of sale, copies of which will be available for inspection at the auctioneer’s offices, with the solicitors and online at auctionhouse.co.uk/hullandeastyorkshire prior to the date of the auction.
Additional Fees The purchaser will be required to pay an administration charge of £1,200 (£1,000 plus VAT), and a buyer's premium of £1,800 (£1,500 plus VAT) in addition to the purchase price of the property.
Guide Price Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures that a property will sell for and may change at any time prior to the auction.
Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction), which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Disbursements Please see the legal pack for any listed disbursements that may become payable by the purchaser upon completion.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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

FAQ
About Sherwood Street, Scarborough, YO11 1SR
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