Summary - 56 TRAFALGAR SQUARE SCARBOROUGH YO12 7PY
1 bed 1 bath Apartment
Small freehold rental block with strong headline yield near town and beach.
Freehold Victorian terrace with four one‑bed flats, new roof 2024
A mid-terrace Victorian block of four one‑bed flats in central Scarborough offered freehold and sold at auction. The building reports a new roof installed in 2024 and produces rental income from three tenanted flats, with one unit currently vacant. When fully let the block generates a gross income of £24,060, representing a projected gross yield of 12.86% against the stated guide price.
The accommodation is simple, mature one‑bed layouts with bay‑fronted living rooms and basic fitted kitchens and bathrooms. EPCs range C–D and tenants pay their own utility bills; gas is confirmed as connected to Flat 1 only. Flat 1 includes a private rear garden and the block has a gated forecourt; parking is on‑street with a resident permit option.
This lot suits a buy‑and‑hold investor or portfolio purchaser comfortable with tenanted stock and auction procedures. Be aware the property sits in a very deprived area with high local crime indicators and a mixed‑use, student/cosmopolitan neighbourhood profile. Full tenancy details and legal pack should be reviewed before bidding; sale will be subject to buyer administration and premium fees.
13 bedroom block of apartments for sale in 26 Ramshill Road, Scarborough, North Yorkshire, YO11 — £400,000 • 13 bed • 10 bath • 4123 ft²
Mixed use property for sale in 58-60 Eastborough, Scarborough, North Yorkshire, YO11 1NJ, YO11 — £180,000 • 1 bed • 1 bath
Studio flat for sale in Flat 4, 12 South Street, Scarborough, North Yorkshire YO11 2BP, YO11 — £25,000 • 1 bed • 1 bath • 388 ft²
1 bedroom flat for sale in Queen Street, Scarborough, YO11 — £47,500 • 1 bed • 1 bath • 679 ft²
1 bedroom flat for sale in Trafalgar Square, Scarborough, YO12 — £75,000 • 1 bed • 1 bath • 343 ft²
2 bedroom apartment for sale in Flat 3, 7 Elders Street, Scarborough, North Yorkshire YO11 1DZ, YO11 — £10,000 • 2 bed • 1 bath • 715 ft²
