Summary - 14 New Queen Street, Scarborough, North Yorkshire YO12 7HL YO12 7HL
1 bed 1 bath Block of Apartments
Town-centre investment with renovation potential and strong lettings demand.
- Freehold terraced property comprising four flats
A freehold block of four flats in Scarborough town centre offered for auction — a straightforward acquisition for a hands-on investor. The property is Victorian with period bay windows and high ceilings, providing strong scope to create character rental units aimed at students or short-term visitors. A central town location and nearby amenities support rental demand, but the building is in poor condition and will need substantial refurbishment throughout.
Accommodation is understood to include four flats across three storeys; the top-floor flat is currently inaccessible and assumed rather than inspected. All services and appliances have not been tested. Buyers should factor in full refurbishment costs, possible structural or damp works, and the administrative auction costs (buyer's premium applies).
The surrounding neighbourhood is a cosmopolitan student area within a wider Eastern European transitional area and is listed as very deprived with high local crime rates. That context reduces owner-occupier appeal but can keep lettings demand steady for lower-cost student or budget rental units. This lot suits experienced investors or developers prepared to manage renovation, compliance checks, and letting in a challenging town-centre location.
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