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Victoria Street, Scarborough

Yorkshire

£99,000
Listed on 05/09/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
925 sqft

Description

This terraced house offers a promising renovation opportunity for those looking to invest in a property with potential. Currently in need of refurbishment, the home boasts ample living space with two reception areas, three bedrooms, and two bathrooms. Upon entering, you're greeted by a hallway that connects the living room and dining room, leading through to a functional kitchen that opens into the rear yard. This layout allows for flexibility in redesigning the interior to suit modern living needs. The first floor features three bedrooms along with a family bathroom, providing a solid foundation for anyone looking to update or reconfigure spaces. Situated in an area rich with amenities, this property is within walking distance of local shops, restaurants, and recreational facilities. The proximity to the beach and nearby parks enhances its appeal, making it suitable not only for personal use but also for short-term rentals or long-term investment purposes. With careful planning and vision, this house can be transformed into a stylish home or an attractive rental property in the heart of Scarborough. The surrounding community offers a vibrant lifestyle that can complement your investment strategy. If you’re ready to embark on a renovation journey, this property could be your canvas.

Investment Analysis

(YO12 area)

Below Market Value

This property is priced -44.3% below area average per sq ft

-44.3%
Potential saving
This Property
£107/sq ft
Area Average
£192/sq ft
Avg Rent (weekly)
£173
Avg Yield
4.5%

Renovation Potential

Est. Renovation Cost
£9,900 - £24,750
10-25% of property value
Target Value
£195,462
10% above area average per sq ft
Potential ROI
+57.9%
After renovation
Monthly Sales
50
Average per month
Market Turnover
35%
Properties sold annually

Local Market Trend (YO12)

Area prices are stable by +1.2% over the last 12 months
3 year growth: 3.8%
5 year growth: 17.1%
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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