Compact period apartment with strong rental yield potential.
Character Victorian mid-terrace with bay windows
Set on a Victorian terrace in Scarborough’s South Cliff, this one-bedroom apartment offers compact, characterful living with strong investment appeal. The apartment includes a comfortable reception room, a good-sized double bedroom, a modern bathroom and a converted loft for extra storage. Gas central heating and double glazing provide practical comfort year-round.
The property is offered leasehold with an exceptionally long lease remaining (968 years), removing common lease-length concerns. A tenant is currently in situ and the property is reported to offer a net yield in excess of 8%, making it an attractive buy-to-let or starter-home purchase for those seeking immediate income or a straightforward home near parks and local amenities.
Note the flat is small (approximately 434 sq ft) and the wider area is classified as deprived with “hampered aspiration” and ageing urban communities; this may affect long-term capital uplift. The front yard requires some restoration and the building’s solid brick walls are assumed uninsulated, so buyers should factor potential upgrade costs for insulation and decorative improvements.
Overall, this is a low-cost-entry property with sensible running costs (very cheap council tax), long lease security and clear rental potential. It suits a first-time buyer seeking an affordable seaside base or an investor wanting an immediate income-producing asset, provided you accept modest size and some local regeneration limitations.
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