Summary - Aberdeen Walk, Scarborough YO11 1XW
4 bed 4 bath Terraced
Central Scarborough freehold with four 1-bed flats, garage and immediate rental income.
Freehold period building arranged as four 1-bed leasehold apartments
A substantial period freehold in Scarborough town centre, currently arranged as four self-contained 1-bedroom leasehold apartments. The building offers practical investor features: double glazing throughout, recent cosmetic updates to some units, and valuable sea and castle views from the upper floors. An enclosed rear yard and a single garage provide off-street parking and useful storage/access for tenants.
The property produced a recent annual income of £22,800 (circa £1,900 pcm fully let) with clear scope to increase rents and reduce voids given its central location and mixed-use surroundings. Mains gas is connected though heating is largely electric; sizes range from about 387 to 516 sq ft, giving straightforward rent-roll comparability across the four units.
Material considerations are factual and important: the building sits within a very deprived area with very high local crime rates and a transitional, cosmopolitan student/neighbourhood profile. These factors affect tenant mix, management needs and rental resilience. While the freehold and town-centre position are strong, active asset management, targeted refurb and lettings strategy will be needed to maximise income and mitigate running costs.
This is a hands-on investment for a buyer comfortable with urban, period stock — offering immediate income, short-term uplift potential through re-letting or selective improvements, and longer-term value from a central Scarborough location close to transport links and leisure amenities.
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