2-bedroom flat · YO11 2AF
Sold STCListed 122 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
+++Perched on Scarborough’s iconic Esplanade, this exceptional two-bedroom penthouse apartment offers a rare opportunity to enjoy breathtaking coastal living with panoramic sea views and a private roof terrace.+++ Accessed via a communal entrance and staircase, the apartment opens into a spacious kitchen diner, thoughtfully designed with an intimate dining area and a fitted kitchen that leads directly onto the impressive roof terrace.
Measuring approximately 20ft in length, this superb outdoor space provides the perfect setting for al fresco dining, entertaining guests, or simply relaxing while taking in the fresh sea air.
The elegant living room enjoys stunning sea views and features a charming log burner, creating a warm and inviting atmosphere throughout the year.
The principal bedroom also benefits from captivating coastal vistas, while a versatile second bedroom offers an ideal space for guests, a home office, or additional accommodation.
Completing the apartment is a generously sized bathroom.
Perfectly positioned just moments from Scarborough’s beach, shops, cafés, and local amenities, this unique penthouse combines comfort, character, and an enviable seaside lifestyle.
This outstanding coastal home presents a rare opportunity to acquire a stylish seaside retreat in one of Scarborough’s most sought-after locations.
Please note: There is no lift within the building, and the apartment is accessed via a staircase. Tenure: We have been advised by the Vendor(s) that the property is Leasehold with 999 years from 1996.
Each apartment also owns an equal share in the Freehold.
We have also been advised that there is currently a maintenance agreement managed by a local agent, with an annual service charge of approximately £900.00, covering building insurance, communal maintenance, and communal electricity costs.
The shared rear yard is available for residents’ use, pets are permitted subject to approval, and assured shorthold tenancies are allowed. Please note that holiday lets are not permitted.
*We do however advise that matters subject to the tenure, maintenance and restrictions are to be clarified via a Solicitor at the time of purchase.
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
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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
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FAQ
About Esplanade, Scarborough, North Yorkshire
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