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Queen Street, Old Town, Scarborough, YO11 - Image 1
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Queen Street, Old Town, Scarborough, YO11

Yorkshire

£69,950

Listed on 29/09/2022

The listing

Property details

Bedrooms
1
Type
Property With Land

Description

This property presents a compelling renovation and investment opportunity in a desirable location. Currently utilized as a workshop, the site benefits from full planning permission for transformation into a one-bedroom holiday accommodation. The approved plans outline the construction of a two-story gable-end building, designed to replace the existing structure while maintaining its connection to neighboring garages. The proposed dwelling measures 5.1 meters in width and 6 meters in depth, thoughtfully designed with modern aesthetics in mind. Features include a tiled pitched roof with four strategically placed roof lights, enhancing natural light throughout the space. The ground floor will showcase a contemporary timber door alongside an expansive glazed opening, while the first floor will impress with a glazed gable feature that incorporates French doors leading to a Juliet balcony—ideal for enjoying views of the surrounding area. Situated within the Scarborough Conservation Area, this property not only provides an opportunity for immediate development but also positions itself as a lucrative investment for holiday letting, given the restrictions allowing stays of up to 28 days. With its prime location and modern design features, this property is poised to attract tenants looking for short-term accommodations while offering significant potential for returns on investment.

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Map

Location

Queen Street, Old Town, Scarborough, YO11
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Finance

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Illustrative repayments based on the asking price, not a mortgage offer.

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Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£264
Based on a loan of £52,462 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Tax

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Pricing

Price history

-17.7% since listed
£69,950£5,050(-6.7%)
29/07/2025
Current price
£75,000£10,000(-11.8%)
14/06/2023
£85,000Initial listing
29/09/2022

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