Summary - Oxford Street, Scarborough YO12 7PJ
1 bed 1 bath Flat
Large-period property with rental income potential for hands-on investors.
Freehold mixed-use building with shop and one-bedroom duplex above
Sale by auction — starting bid £60,000; ends 22 October at 12pm
Tenants in situ; sold with current lets, no guaranteed vacant possession
Very large total area — approx. 1,280 sq ft including basement storage
Potential rental income approx. £800pcm combined (commercial £350, flat £450)
Georgian three-storey façade with period features; commercial shopfront
High local crime rate and very deprived area; transitional student neighbourhood
May require refurbishment and ongoing maintenance to maximise value
A rare freehold mixed-use opportunity in central Scarborough, offered with no onward chain and tenants in situ. The building combines a ground-floor commercial shop with a large one-bedroom duplex above, arranged over three levels and basement storage. The property is being sold via secure online auction with a starting bid of £60,000 and an end date of 22 October at 12pm.
The premises present clear investor appeal: established rental income from both units, generous overall floorspace (approx. 1,280 sq ft), and a Georgian façade that retains period character. The shop includes rear yard and basement storage, while the flat has a fitted kitchen, bay-windowed living room, double-aspect bedroom and a full bathroom. Broadband and mobile signal are strong in the area.
Buyers should note material considerations: the property sits in a very deprived area with a high local crime rate and a transitional, student-dominated neighbourhood. Units are let and sold with tenants in situ, so vacant possession is not guaranteed. The building will likely need ongoing maintenance and potential refurbishment to maximise rental yield or change use. Auction sale terms apply.
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