2-bedroom flat · YO12 6DQ
Listing removedListed 204 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to present this spacious two bedroom first floor apartment, ideally situated in the ever-popular Newby area, renowned for its excellent transport links and easy access to a wealth of local amenities.
Offered to the market with no onward chain, this appealing property provides an excellent opportunity for first-time buyers, investors or those seeking a home to personalise and modernise to their own taste.
The well-proportioned accommodation comprises a welcoming entrance hall with external and internal store rooms, a generous lounge with ample natural light, and a fitted kitchen offering plenty of storage and workspace.
Both bedrooms are well proportioned, with the larger providing ample space for relaxation. The bathroom is of good size and presents scope for updating to create a stylish contemporary suite.
Additional features include allocated parking for residents, visitor parking for guests (ensuring convenience for family and friends), and access to communal gardens.
The property’s prime location places it within close proximity to popular schools, shops, and leisure facilities, making it an ideal base for a variety of lifestyles.
Early viewing is highly recommended to fully appreciate the potential and superb setting of this fantastic apartment. Book your appointment today to avoid disappointment.
Lounge/Diner (3.3m x 4.4m) Kitchen (3.6m x 2.6m) Bedroom 1 (3.3m x 3.4m) Bedroom 2 (2.6m x 2.2m) Bathroom (2.6m x 1.5m) Externally To the front of the property lies an allocated parking space for one vehicle and an external store.
To the side and rear of the property you will find communal gardens which are maintained within the maintenance agreement. Visitor parking is also available on-site on a first come first served basis.
Tenure/Maintenance We have been informed by the vendor that the property is freehold and has a maintenance agreement in place of which the new owners would contribute roughly £870pa.
We are not aware of any restrictions however any potential buyer should make their own enquires in regards to this.
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. Details Prepared AB300326
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 99 Cross Lane, Scarborough
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