2-bedroom flat · YO12 5SD
Listing removedReduced £10k (−6.7%) on 25 JulListed 145 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Scalby view is a modern, luxury development comprising of ten high specification apartments is well located within the popular Newby area of Scarborough, well placed centrally to a wealth of amenities nearby.
These apartments would make a fantastic main residence or a seaside bolt-hole.
* A Bespoke, New Build Development with 10 Year labc Warranty * Landmark Development to the area * Purpose Built Apartments - Eco Friendly and Energy Efficient * Accessible Living suitable (Level Access) for Wheelchair Users with Lift Facility to all floors * State of the art entry system * Secure Off Road Parking with EV charging points * Extensive Views * Edge of the National Park with Beautiful Scenery and Walks * Close to local amenities and Scarborough Hospital 50% now sold....
Only 5 Remaining a choice of One and Two Bedroom Leasehold Apartments with a Share of Freehold.
Apartment seven is a two bedroom first floor apartment and provides an open plan kitchen/lounge/diner with patio doors to a South facing Juliette balcony, two bedrooms and modern house bathroom.
The block benefits from lift and stairs to all floors providing easy level access, secure video secure entry/intercom system and externally provides off-street parking spaces with BS1363 electric charging and a communal bin store.
The development is set on the border of Scalby and on the cusp of the North York Moors National Park but is still well placed for a wealth of amenities including regular transport links to Scarborough Town Centre and Whitby, doctors surgeries, dentists, hairdessers, chemist, library, petrol station, supermarket, cafes, eateries, Tennis Courts, Rugby Club and excellent walks can be undergone nearby along the old Scarborough to Whitby railway line.
Entrance Hallway Dimensions: 4.0m max x 3.8m max (13'1" max x 12'5" max). Open Plan Living/Kitchen/Diner Dimensions: 7.0m max x 4.5m max (22'11" max x 14'9" max).
Bedroom One Dimensions: 2.9m x 2.7m (9'6" x 8'10"). Bedroom Two Dimensions: 2.9m x 2.7m (9'6" x 8'10"). Bathroom Dimensions: 2.1m x 1.7m (6'10" x 5'6").
Tenure/Maintenance We have been advised by the vendor that the property is Leasehold. There is a maintenance agreement in place with Walker Landray.
Details Prepared Tlpf/020822 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.
Value & comps
No previous sales on record.
Returns
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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.
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About Apt 7, Scalby View Apartments, Scarborough
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