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See how verdicts workStudio flat · YO11 2DL
Listing removedListed 151 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are pleased to bring to the market this freehold block of 4 fully tenanted, self-contained flats located in the popular Ramshill area of Scarborough, within walking distance of the promenade, South Bay beach and local attractions.
The property currently generates an annual rental income of approximately £23,400, offering an immediate return with potential for future rental growth.
An excellent investment opportunity in a strong and consistently popular rental location.
Freehold Block We are pleased to bring to the market this well-located block of 4 fully tenanted, self-contained residential flats situated in the popular Ramshill area of Scarborough, a highly convenient and established residential and holiday-let location close to the town centre, South Bay seafront, and a wide range of local amenities including shops, cafés, restaurants, and excellent transport links.
The property is ideally positioned within walking distance of Scarborough’s promenade, South Bay beach, and popular leisure attractions, making it an attractive and consistently in-demand rental location.
The investment is fully let and currently generates a yearly income in the region of £23,400, providing an immediate and established return for any incoming purchaser.
There is also potential for rental uplift over time, subject to review, offering scope to further enhance yields in line with market conditions.
A freehold investment opportunity in a strong and well-connected coastal location, ideally suited to landlords seeking a reliable, income-producing asset with long-term growth potential.
For further information, contact our sales team on .
Flat 1 (70.30 square metres (230'7" square metres )) Currently monthly rent is £575 pcm EPC E Flat 2 (23 square metres (75'5" square metres)) Current rent is £250 p.c.m EPC E Flat 4 (42.7 square metres (140'1" square metres)) Current monthly rent is £575 pcm EPC E Flat 6 (46.4 square metres (152'2" square metres)) Current Monthly rent is £550 pcm EPC E Directions Satnav - postcode YO11 2DL what3words - ///harp.shade.spins Utilities Each rental property has a coin operated meter for the electricity supply.
Water supply is included in the rents. The property is subject to the to selective licencing and a current licence is in place.
Hmrc If your offer on a property is accepted, we are required under hmrc regulations to carry out Anti Money Laundering (aml) identity checks.
These checks are conducted by our appointed compliance partner and a fee will be payable by the buyer for this service. Please contact Ellis Hay for further details.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
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FAQ
About 36, Westbourne Grove, Scarborough
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