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Victoria Street, Scarborough

Yorkshire

£99,000
Listed on 07/09/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
925 sqft

Description

This terraced house, while in need of renovation, offers a substantial opportunity for those looking to invest in a project that can be tailored to personal tastes. The layout features two inviting reception rooms alongside three bedrooms and two bathrooms, providing the potential for comfortable living space upon completion of renovations. Situated within a vibrant neighborhood, the property benefits from easy access to an array of local amenities, including shops, dining options, and recreational facilities. Its proximity to the beach and nearby parks enhances its appeal, making it an attractive option for families or individuals who appreciate outdoor leisure activities. Accessing the home begins with an entrance hall leading into the living and dining areas, which provide a solid foundation for reimagining your ideal space. The kitchen connects to a rear yard, offering potential for outdoor enhancements or garden improvements. On the first floor, three bedrooms await your finishing touches along with a family bathroom that offers additional remodeling possibilities. For those interested in investment opportunities, this property on Victoria Street is well-positioned to take advantage of the ongoing demand in Scarborough. Whether you are a first-time buyer keen on creating a personalized residence or an investor looking for a promising rental opportunity, this property holds significant potential to add value through careful renovations. Embrace the chance to revitalize this home and contribute to its story in this lively coastal community.

Investment Analysis

(YO12 area)

Below Market Value

This property is priced -43.4% below area average per sq ft

-43.4%
Potential saving
This Property
£107/sq ft
Area Average
£189/sq ft
Avg Rent (weekly)
£178
Avg Yield
4.6%

Renovation Potential

Est. Renovation Cost
£9,900 - £24,750
10-25% of property value
Target Value
£192,257
10% above area average per sq ft
Potential ROI
+55.4%
After renovation
Monthly Sales
35
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (YO12)

Area prices are stable by +0.5% over the last 12 months
3 year growth: 2.7%
5 year growth: 15.8%
Investment Disclaimer: Analysis based on YO12 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Victoria Street, Scarborough
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