Multi‑unit Victorian property near Peasholm Park — ideal for investor refurbishment projects..
Freehold Victorian semi‑detached building with substantial footprint
A substantial Victorian semi‑detached building on North Marine Road offering seven bedrooms across multiple self‑contained units. The freehold property currently comprises a large one‑bed basement flat with playroom and private access, a ground‑floor unit/former newsagent, two first‑floor apartments and a sizeable two‑bedroom top‑floor apartment with a sea glimpse. Its footprint and room sizes are generous for central Scarborough.
This is a clear investment or multi‑use opportunity: continue as holiday/long‑let apartments, maintain as a large family home, or convert to fewer larger flats subject to consent. The building retains period features such as bay windows and high ceilings which appeal to tenants and holiday guests, while its corner position provides street frontage and some external space.
Internally the property will benefit from upgrading and modernisation to unlock full rental or sales value. Notes from the inspection indicate general upkeep and potential roof/exterior maintenance are needed, and internal layouts vary in size and finish. Plot and garden space are limited, and the area shows local economic deprivation which may influence rental yields and tenant profiles.
For investors seeking a town‑centre, seaside asset with flexible use and substantial gross internal area, this property offers strong potential after refurbishment and active management. Buyers planning owner‑occupation with rental income should factor in renovation costs, possible permissions for reconfiguration, and ongoing maintenance commitments.
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