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See how verdicts work1-bedroom flat · YO12 6RR
Sold STCReduced £25k (−20.8%) on 26 OctListed 221 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
With NO FORWARD CHAIN is this beautiful one bedroom first floor PURPOSE BUILT APARTMENT with PRIVATE ENTRANCE, DEDICATED PRIVATE PARKING SPACE, EXTENSIVE LOFT AREA and stunning SEA/CASTLE VIEWS.
Plus an EXTENDED LEASE. Acting For Executors For Probate Sale Of Deceased Estate.
Offered to the market with NO FORWARD CHAIN, this beautifully presented one-bedroom first floor purpose-built apartment is a true gem, boasting its own private entrance, dedicated parking space, extensive loft area and stunning sea and castle views.
Occupying an enviable position at the end of a quiet cul-de-sac, the property also benefits from direct access to North Bay Beach, making it ideal for those seeking a coastal home in a peaceful yet convenient location.
The accommodation briefly comprises a private ground floor entrance with stairs leading to the first floor, where you will find a spacious lounge/dining area opening into a modern fitted kitchen complete with built-in oven, hob and extractor.
Off the lounge is a well-appointed bathroom fitted with a white suite and separate shower. The bedroom benefits from fitted wardrobes and an additional storage cupboard.
Externally, the property further benefits from a dedicated private parking space and a substantial loft area, offering excellent additional storage.
The property is leasehold, with a recently extended lease of approximately 166 years remaining, a management charge of approximately £714.05 per annum and ground rent of £50 per annum.
Pets are permitted.
This is a rare opportunity to acquire a stylish coastal apartment with outstanding views and private access, and early viewing is highly recommended to fully appreciate all that this home has to offer.
HMRC Check 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 Guild365.
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
Agent & docs
FAQ
About Scholes Park Road, Scarborough, North Yorkshire, YO12
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