Summary - 160 Castle Road, SCARBOROUGH YO11 1HY
8 bed 6 bath Not Specified
Profitable coastal property with permitted duplex and room for conversion.
- Chain free sale with active holiday-let trading history and strong guest reviews
An imposing Victorian townhouse in Scarborough’s Old Town, offered chain free and currently operated as a successful holiday-let. The rear garden and raised terrace deliver uninterrupted sea and coastline views across North Bay, creating strong seasonal demand and premium short-let potential. Planning permission exists for a two-bedroom duplex to the ground and lower ground floors, and there is scope to convert the property into two separate apartments (subject to planning).
The house was refurbished in 2018 and presents as high-capacity holiday accommodation: eight bedrooms, six bathrooms and generous vertical living space over multiple floors. The business has historic positive guest ratings and the property currently benefits from small business rates relief (rateable value c. £9,300). Off-street parking to the front and a large decked/lawned rear garden add usable amenity for guests and future residents.
Investors will value the flexibility: keep operating as a holiday let, retain the tenanted duplex on the lower floors, or pursue conversion into two apartments to diversify income (requires permissions). Important negatives are the property’s location in a very deprived area with high recorded crime, and walls are assumed to have no original insulation. Tenure is unknown and the EPC is D. Prospective buyers should factor these matters into financing, insurance and refurbishment budgets.
This is a high-yield, high-potential shoreline asset that suits an investor or developer comfortable with urban regeneration, planning processes and managing a busy short-let operation. Financials, trading accounts and booking reviews can be reviewed before viewing.
11 bedroom terraced house for sale in Esplanade Road, Scarborough, YO11 — £650,000 • 11 bed • 10 bath
6 bedroom terraced house for sale in Columbus Ravine, Scarborough, YO12 7QU, YO12 — £320,000 • 6 bed • 4 bath • 2056 ft²
6 bedroom mixed use property for sale in Queens Parade, Scarborough, YO12 7HT, YO12 — £500,000 • 6 bed • 8 bath • 2099 ft²
3 bedroom terraced house for sale in St. Marys Walk, Scarborough, North Yorkshire, YO11 — £200,000 • 3 bed • 1 bath • 850 ft²
5 bedroom town house for sale in Crown Crescent, Scarborough, YO11 — £425,000 • 5 bed • 2 bath • 2000 ft²
7 bedroom terraced house for sale in North Marine Road, Scarborough, YO12 7EY, YO12 — £175,000 • 7 bed • 1 bath • 2015 ft²
