Summary - Flat 2, 51 Trafalgar Square YO12 7PZ
1 bed 1 bath Flat
Compact yield-focused flat close to coast and town amenities.
One-bedroom ground-floor flat with bay window and Victorian character
A compact one-bedroom flat set within a Victorian terrace on Trafalgar Square, offered as a straightforward buy-to-let or an entry-level home. The open-plan kitchen/living room and large bay window deliver natural light and period character; bedroom and shower room plus a separate WC make the layout practical for renters or a single occupant. The long lease (992 years) and low service charge (£250 pa) are clear ownership advantages.
Financially this property presents a strong rental case: advertised potential rent of £500 pcm gives an indicative gross yield near 10% at the asking price. Running costs are modest (Council Tax band A) but note the EPC rating of D and electric room heaters are less efficient than gas or mains systems, which may affect energy bills and tenant appeal. Walls are solid brick with no known insulation, so further works could improve comfort and efficiencies.
Material risks and locality factors are important. The immediate neighbourhood scores high for crime and is in a very deprived area with a cosmopolitan student/migrant population — this supports rental demand but may concern some buyers. The flat is small (approximately 334 sq ft) and requires minimal updating rather than a full refurbishment, though insulating the property and upgrading heating could increase return and long-term value.
Overall this is a practical, low-maintenance leasehold flat that suits investors seeking strong rental yield or first-time buyers wanting a low-cost entry to Scarborough. Be clear about running costs, energy efficiency, and local area issues when assessing suitability.
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