Summary - Flat 3, 7 Elders Street YO11 1DZ
2 bed 1 bath Apartment
Auction-priced two-bed period flat with renovation potential near the seafront.
Approx. 715 sq ft across first and second floors, two bedrooms, one bathroom
Leasehold property offered at auction; sale starts 03 Nov, register to bid
Administration fee £3,600 (inc. VAT) payable on exchange; check legal pack
EPC rating G; main heating via electric room heaters, higher energy costs
Solid brick walls likely without insulation; retrofit may be required
Double glazing fitted post-2002; period features and likely high ceilings
On-street parking only; shared rear access via metal steps
Local area: very deprived with very high crime — affects demand and yield
This two-bedroom maisonette (approx. 715 sq ft) in central Scarborough is offered for sale by auction — a priced-to-sell, short-notice opportunity aimed at investors or buyers comfortable with the auction process. It occupies the first and second floors of a period mid-terrace Victorian building close to shops, transport links and the seafront. The property has double glazing (fitted post-2002) and benefits from generous room proportions and likely high ceilings typical of the era.
The property is listed as leasehold and will be sold at auction beginning 03 Nov. An administration fee of £3,600 (inc. VAT) is payable on exchange; please consult the legal pack for further disbursements. Heating is by electric room heaters and the main fuel is electricity — there is no communal heating. Walls are solid brick with assumed no insulation, and the EPC rating is G.
Location and nearby amenities suit town-centre living and short-term lets: high footfall, many shops, eateries and public transport. However, the local area is classified as very deprived with very high recorded crime, and postcode demographics indicate low higher-education figures; these factors affect resale and rental demand and should be considered when assessing yield and risk.
This lot may suit a hands-on investor or a buyer prepared to upgrade fabric and services (insulation, heating, energy efficiency) to improve comfort and running costs. Viewings are scheduled — bidders should review the legal pack and budget for renovation, fees and the auction timetable.
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