Prominent coastal location with parking and immediate rental income potential.
12 letting rooms plus studio and one‑bed self‑contained flat
Set over five floors, this substantial Grade II listed Georgian townhouse is configured as a 12‑bedroom guest house with a studio and a self‑contained one‑bed flat. It offers direct coastal frontage and open sea views to the rear, plus a generous private car park — rare for North Marine Road. Recent upgrades include a new fire alarm (Feb 2024) and Roseview UPVC sash windows to the front installed under listed‑building conditions. The property currently trades above the VAT threshold as holiday lets, providing immediate income potential.
The layout suits an investor or operator seeking an established guest house close to Scarborough’s North Bay, Peasholm Park and the Open Air Theatre. Spacious rooms, tall ceilings and bay windows retain strong period character and appeal to holiday makers. There is scope to optimise income through improved marketing, housekeeping adjustments or room refits, while the lower ground self‑contained flat offers either owner accommodation or separate rental income.
Important practical points are clear: the building’s Grade II listing will restrict alterations and likely require specialist consent and materials, which can increase refurbishment costs and delay conversions. The surrounding area is classified as very deprived with higher crime levels, which may affect long‑term resale or certain lettings. Tenure is unknown and should be confirmed, and some rooms vary in size — further inspection is recommended to confirm condition and compliance for fire and HMO regulations.
Viewings are strongly recommended for operators or investors who want a seaside income property with parking and period charm, and who are comfortable managing listed‑building obligations and local market challenges.
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