Central Scarborough rental block with immediate income and refurbishment upside.
Block of four self-contained one-bedroom flats, lower ground to second floor
Gross rental income circa £20,000 per annum (current configuration)
Total internal area approximately 1,271 sq ft across four levels
Town-centre location close to shops, transport and seafront attractions
Exterior serviceable but would benefit from cosmetic refurbishment
Very high local crime and very deprived area — investor caution advised
Very small plot with no visible rear garden or private outdoor space
Suitable for light refurbishment and redecoration to boost rents
A compact Victorian mid-terrace configured as four self-contained one-bedroom flats, currently producing a gross rental income of circa £20,000 per annum. The stacked layout (lower ground, ground, first, second) gives clear rental separation and steady income potential for a buy-to-let portfolio or near-term resale after light refurbishment.
The property sits in Scarborough town centre, within walking distance of shops, transport and the seafront — a location that supports tenant demand year-round. Interiors are practical and compact; kitchens are modern but basic, and room sizes are typical for town-centre accommodation. Windows appear uPVC and the exterior is serviceable but would benefit from cosmetic updating.
Important negatives are factual: the area shows very high crime statistics and is classified as very deprived, and the plot is very small with no visible rear garden. The terrace will likely suit rental or investor use rather than family buyers seeking outside space. Some cosmetic refurbishment is recommended to maximise rental yield and capital value.
Overall, this is a straightforward, cash-generative opportunity for an investor comfortable operating in a high-demand, town-centre coastal market. The compact unit mix reduces vacancy risk, and the property offers scope for value-add improvements to increase net income.
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