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See how verdicts work2-bedroom flat · YO11 2ST
Sold STCReduced £10k (−6.7%) on 26 OctListed 79 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
+++Located within Scarborough’s highly desirable SOUTH CLIFF, close to OLIVER’S MOUNT, Liam Darrell Estate Agents are delighted to present this SPACIOUS, FREEHOLD FIRST FLOOR APARTMENT offering TWO DOUBLE BEDROOMS, A PRIVATE BALCONY, COMMUNAL GARDENS AND GARAGE.
Requiring a degree of cosmetic refurbishment, the property presents a fantastic opportunity for purchasers looking to CREATE A HOME TO THEIR OWN TASTE AND SPECIFICATION in one of Scarborough’s most sought-after residential locations.+++ Forming part of an established, purpose-built development comprising just four apartments, the property is approached via a communal entrance hallway with stairs rising to the first floor and the private entrance to Apartment 30.
Internally, the accommodation is particularly well proportioned and begins with a welcoming entrance hallway benefitting from useful built-in storage.
From here, doors lead into a GENEROUS LOUNGE/DINER, providing ample space for both comfortable seating and a dining area, with direct access onto the PRIVATE BALCONY – a wonderful addition to the apartment and an ideal spot to sit out and enjoy the surroundings.
The fitted kitchen offers a range of matching wall and base units with space for appliances, while the sleeping accommodation comprises TWO GENEROUS DOUBLE BEDROOMS.
Completing the internal accommodation is a shower room together with a separate WC.
Externally, residents have the use of attractive COMMUNAL GARDENS, providing pleasant outdoor space surrounding the development.
A further significant benefit is the apartment’s PRIVATE GARAGE, situated within a nearby garage block and offering secure parking or useful additional storage.
The property enjoys an excellent position within Scarborough’s popular South Cliff area, conveniently placed for a wide variety of amenities.
Ramshill Shopping Parade is within easy reach and offers an excellent selection of independent shops, convenience stores, cafés and popular eating establishments.
The property is also well positioned for OLIVER’S MOUNT, Scarborough’s picturesque South Bay, the Esplanade and its renowned Italian Gardens, while Scarborough Town Centre and transport links are readily accessible.
Offering an impressive amount of living space alongside the increasingly rare benefit of FREEHOLD TENURE, A BALCONY, GARAGE AND COMMUNAL GARDENS, this apartment represents an exciting opportunity for buyers looking to modernise a property and truly make it their own.
Early internal viewing is highly recommended to fully appreciate the generous proportions, potential and superb South Cliff setting on offer.
Contact Liam Darrell Estate Agents today to arrange your viewing.
Tenure: We have been advised by the Vendor(s) that the property is Freehold with a deed of covenant and maintenance agreement in place managed by a local agent amounting to approximately £450.00 per annum.
We have also been advised that Holiday Letting is not permitted, however, Assured Shorthold Tenancies and Pets are permitted.
*We do advise these matters to be clarified via a Solicitor in a contract of sale.
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 IAmProperty/Movebutler. 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 The Glade, Scarborough, North Yorkshire
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