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Trafalgar Square, Scarborough

Yorkshire

£175,000
Listed on 24/12/2025

Property Details

Bedrooms
6
Type
Terraced house
Area
1811 sqft

Description

Located in the vibrant centre of Scarborough, this spacious former guesthouse overlooks the renowned Cricket Ground, offering a promising renovation opportunity for astute investors. The layout allows for versatile transformations, such as converting it into a desirable six-bedroom home or potentially reconfiguring it into four one-bedroom apartments, subject to local planning approvals. This property is presented with no chain, presenting a clean slate ideal for those eager to enhance its value through refurbishment. With generous living spaces and an appealing view of the Cricket Ground, the property’s redevelopment prospects are best appreciated with an internal viewing. Additionally, low-maintenance front and rear gardens provide convenience for any future plans. Its prime location is complemented by nearby amenities including supermarkets, local shops, and dining options, as well as proximity to Peasholm Park and North Bay beach. Properties with such investment potential in ideal locations like this rarely come to market; hence, early viewings are advised.

Investment Analysis

(YO12 area)

Below Market Value

This property is priced -50.3% below area average per sq ft

-50.3%
Potential saving
This Property
£97/sq ft
Area Average
£195/sq ft
Avg Rent (weekly)
£181
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Target Value
£387,663
10% above area average per sq ft
Potential ROI
+41.0%
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

Trafalgar Square, 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
£641
Based on a loan of £131,250 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