2-bedroom flat · YO12 7GY
For saleListed 787 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located on the North side of Scarborough and only a short walk from the North Bay beach this TWO BEDROOM MID FLOOR APARTMENT is located in this MODERN PURPOSE BUILT BLOCK.
Also conveniently located within walking distance to the town centre this apartment comes with a MODERN BATHROOM and KITCHEN, two double bedrooms with one having an EN SUITE BATHROOM and a BALCONY.
Offered to the market with NO ONWARD CHAIN, UNDERFLOOR HEATING, LIFT and UNDERGROUND PARKING, early viewing is highly recommended. Entrance - Front door into entrance hall with ceiling light.
Open Plan Lounge/Kitchen/Diner - 7.52 x 5.93 (24'8" x 19'5") - uPVC double glazed sash bay window, uPVC double glazed sash window, living area with inset ceiling spotlights, dining area with ceiling light, storage cupboard with water heater, kitchen with range of cupboards and drawers, stainless steel sink, integrated double oven, electric hob, microwave, washing machine, dishwasher, fridge freezer, inset ceiling spotlights and extractor.
Bedroom One - 3.16 x 4.73 (10'4" x 15'6") - Balcony and ceiling light.
En Suite - 3.14 x 1.19 (10'3" x 3'10") - WC, hand basin, walk in wet room style shower, inset ceiling spotlights, extractor fan and heated towel rail/radiator.
Bedroom Two - 3.68 x 2.69 (12'0" x 8'9") - uPVC double glazed sash window, built in wardrobe and ceiling light.
Bathroom - 3.13 x 2.0 (10'3" x 6'6") - Bath with shower over, WC, hand basin, heated towel rail/radiator, extractor fan and inset ceiling spotlights.
Further Information - Our vendors have informed us of the following: Leasehold with a share of the freehold - 999 year lease Maintenance charge £1752.00 PA AST's allowed NO pets NO holiday lets
Value & comps
No previous sales on record.
Returns
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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
Agent & docs
FAQ
About Castle Heights, Marlborough Street, Scarborough
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