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St Johns Road, Scarborough

Yorkshire

£149,950
Listed on 08/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1044 sqft

Description

This two-bedroom property presents a solid opportunity for renovation and investment. While the home requires significant updating, it is equipped with features that enhance its potential, including gated off-road parking and a substantial workshop area at the rear. This aspect will be particularly appealing to individuals with hobbies such as automotive restoration, woodworking, or antique dealing, providing ample space for storage or creative projects. The outdoor space is versatile; in addition to accommodating workshop activities, it could serve as storage for caravans or campers, depending on size requirements. With the proper planning permissions, there may also be possibilities for converting the workshop into additional living space or an entirely separate dwelling. Inside the home, the entrance leads to a spacious lounge dining area that benefits from natural light through multiple windows and includes an area suitable for under-stair storage. The kitchen has a functional layout with room for essential appliances and potential for modern updates. On the first floor, both bedrooms offer generous proportions, with built-in storage in one of them. An additional room currently set up as an office can easily adapt to various uses based on your needs. The established bathroom includes both a bath and shower cubicle, while additional conveniences like a separate WC enhance functionality. Outside, access is provided by double timber gates leading into the expansive rear yard. This area has previously accommodated larger vehicles and includes access points to what was once an outside WC—a reminder of the property's original character. Overall, this property stands out as a promising project for buyers looking to invest in renovations with potential for increased value through thoughtful modernization and possible redevelopment options. Its location adds further appeal, making it worth considering for those ready to take on a rewarding challenge.

Investment Analysis

(YO12 area)

Below Market Value

This property is priced -26.2% below area average per sq ft

-26.2%
Potential saving
This Property
£144/sq ft
Area Average
£195/sq ft
Avg Rent (weekly)
£181
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£223,479
10% above area average per sq ft
Potential ROI
+24.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (YO12)

Area prices are stable by 0.0% over the last 12 months
3 year growth: -2.9%
5 year growth: 12.9%
Investment Disclaimer: Analysis based on YO12 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

St Johns Road, Scarborough
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£549
Based on a loan of £112,462 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE