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See how verdicts work2-bedroom house · YO11 2AQ
Listing removedListed 542 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the picturesque coastal town of Scarborough, Flat 2 at 30 Esplanade offers a delightful opportunity for those seeking a charming ground floor leasehold (with share of freehold) apartment.
This well-appointed residence features two spacious bedrooms, making it ideal for small families, couples, or individuals looking for extra space.
The location is truly enviable, with the stunning seafront just a stone's throw away. Residents can enjoy the refreshing sea breeze and the beautiful views that Scarborough is renowned for.
The vibrant town centre, with its array of shops, cafes, and restaurants, is also within easy reach, ensuring that all your daily needs are conveniently met.
Inside, the apartment boasts a comfortable layout that maximises space and light. The ground floor position provides easy access, making it suitable for all ages.
Whether you are looking to relax in the comfort of your own home or explore the local area, this property offers the perfect balance of convenience and tranquillity.
Scarborough is known for its rich history and cultural attractions, including the famous Scarborough Castle and the beautiful beaches that draw visitors from far and wide.
This apartment not only provides a lovely living space but also places you in the heart of a vibrant community.
In summary, Flat 2 at 30 Esplanade is a wonderful opportunity to embrace coastal living in a charming apartment.
With its two bedrooms and prime location, it is sure to appeal to a variety of buyers or renters looking for a slice of seaside life in North Yorkshire.
EPC Rating: C Lounge Diner Dimensions: 5.8 x 5.4 (19'0" x 17'8" ). Kitchen Dimensions: 2.4 x 1.9 (7'10" x 6'2"). Bedroom One Dimensions: 3.3 x 3.2 (10'9" x 10'5" ).
Bedroom Two Dimensions: 3.1 x 2.8 (10'2" x 9'2"). Bathroom Dimensions: 2.8 x 1.7 (9'2" x 5'6").
Outside We are informed by our vendors that the front garden of the property which enjoys sea views is owned by flat 2.
Tenure The property is Leasehold with a share of the freehold (shared between 5 apartments).
The property is managed by East coast property management chargeable at £1200 per annum inclusive of building insurance and that the property has a restriction on holiday lets.
Ground rent is paid at the rate of £35 per annum into Sandwell court Ltd.
We have been informed by the vendor that this property is leasehold with approximately 163 years remaining on the lease, Any potential purchaser should make their own enquiries in regards to this.
Council Tax And EPC Council tax - C EPC - 70 c Details Prepared By/ Date Gv 30/04/25 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 2, 30 Esplanade, Scarborough
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