Summary - 73a Eastborough, SCARBOROUGH YO11 1NH
5 bed 4 bath Terraced
Prominent mixed‑use building with strong short‑stay income and coastal views.
Sea and coastal views from balcony and bay-facing windows
Refurbished maisonette producing strong holiday-let income (£44k projected)
Ground-floor café currently let at £834.75 pcm until 31/12/2032
Sold at online auction — buyer premiums and admin fees apply
Only seven years remaining on café lease — lenders may refuse mortgages
Very high local crime and very deprived area — investor risk factor
Small plot / no private garden; urban street‑front setting
Newly renovated accommodation but mixed‑use complexity requires active management
This mixed‑use, five‑storey freehold occupies a prominent Old Town position just yards from Scarborough South Bay. The ground floor houses a trading café (let until 31/12/2032) generating a modest rent, while the newly refurbished maisonette above (The Stoop) operates as a successful holiday let with strong projected income and direct sea views from the balcony.
The maisonette is presented to a high standard with contemporary kitchen, parquet‑style flooring, multiple en‑suites and a bright sitting room with bay windows. The open dining kitchen opens onto a small balcony that captures south‑bay vistas — a clear value driver for short‑stay rental and holiday‑letting demand in this resort location.
Buyers should note significant material considerations: the building will be sold at online auction, the overall area is very deprived with very high crime statistics, and the lease on the café contains only seven years remaining — lenders are likely to refuse standard mortgages on that short lease term. Additional buyer costs apply (administration charge and buyer’s premium) and purchases will be subject to the auction conditions and legal pack.
This is best suited to investors or an owner‑operator who can manage mixed commercial and holiday lettings, accept an urban seafront trading environment, and work within an auction timetable. The refurbishment and strong holiday‑let performance present immediate income potential, but purchasers must factor in lease and funding limitations, local area challenges, and additional auction fees before bidding.
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