Summary - Flat 1, 88 Rothbury Street YO12 7DT
4 bed 4 bath Mixed Use
Three-unit Victorian corner block in Scarborough, producing immediate rental income..
- Freehold block of three self-contained flats, immediate income £18,300 pa
- Includes ground-floor 1-bed with allocated off-street parking space
- Contains a 1-bed duplex and a 2-bed duplex with two bathrooms
- All units currently tenanted with separate services per flat
- Period building with high ceilings and bay windows, rooftop dormer
- External render repairs required; internal modernisation likely needed
- Solid brick walls assumed without cavity insulation; budget for upgrades
- Small plot in an area classed as deprived; affects rental dynamics
A ready-made freehold investment in Scarborough: this three-storey, end-of-terrace corner building has been converted into three self-contained flats producing a current income of £18,300 per annum. The block comprises a ground-floor 1-bed with an allocated parking space, a 1-bed duplex and a 2-bed, 2-bath duplex. All units are presently tenanted and have separate supplies for gas, electric and water, delivering immediate rental return.
The property is a late-Victorian/Edwardian red-brick building with high ceilings and period bay windows; a rooftop dormer has been added. Externally the building appears generally sound from street level but there are areas of render repair needed at ground-floor level. Internally the flats are described as well-presented but the block would benefit from targeted modernisation to increase rental values and long-term resilience.
Practical considerations: solid brick walls (likely no cavity insulation), mains gas boiler and radiators, double glazing fitted post-2002, and a small plot with limited external space. The location sits in a mixed urban neighbourhood close to local amenities and transport links, in an area classed as deprived — a factor that influences tenant demand and rental levels. Historic features and the corner position give scope to improve returns through refurbishment or reconfiguration, but budget for external repairs and internal upgrades when modelling yields.
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