8-bedroom terraced house · YO12 7HJ
Listing removedListed 249 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***OFFER ACCEPTED BEFORE MARKETING*** This substantial and well-arranged block of apartments comprises five self-contained flats set across multiple floors, including one one-bedroom apartment and four generously sized two-bedroom apartments, offering a well-balanced and attractive investment opportunity.
The apartments are accessed via a communal entrance and internal stairwell, with each flat benefiting from its own living room, fitted kitchen, shower room and well-proportioned bedrooms, providing comfortable and practical accommodation throughout.
Extending to approximately 2,590 sq ft in total, the property is generating an annual income of £33,540, representing an attractive return.
The building offers clear long-term investment potential with scope for continued rental growth.
Situated on New Queen Street, Scarborough, the property is well positioned for access to the town centre, local amenities, transport links and the seafront, making it an appealing location for tenants and supporting consistent rental demand.
A rare opportunity to acquire a ready-made residential investment with established income and continued rental appeal.
Hmrc Disclaimer - Scarborough - Should you wish to proceed with an offer on this property we are obliged by HMRC to conduct mandatory Anti Money Laundering Checks.
We outsource these checks to our compliance partners at Kotini and they charge a fee for this service.
Agent Note - To date these details have not been approved by the vendor and should not be relied upon.
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
FAQ
About New Queen Street, Scarborough
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