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Evelyn Drive, Scarborough, North Yorkshire, YO12 - Image 1
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Evelyn Drive, Scarborough, North Yorkshire, YO12

Yorkshire

£120,000
Listed on 05/02/2026

Property Details

Bedrooms
2
Type
Detached house
Area
649 sqft

Description

This two-bedroom detached bungalow, located on the popular Evelyn Drive in Scarborough, presents a compelling opportunity for cash buyers and investors looking to undertake a renovation or redevelopment project. With its non-traditional prefabricated construction and mortgage restrictions, this property is best suited for those with the financial capacity to invest in a transformative vision. The generous plot size allows plenty of room for creative enhancements or even potential redevelopment, subject to planning permissions. Currently, the layout includes two double bedrooms, a lounge/dining room, a kitchen/breakfast area, and a bathroom with a separate wc. The property also features wrap-around gardens and a driveway with covered parking. Situated in a desirable residential neighborhood, this bungalow represents an ideal canvas for developers or self-build enthusiasts eager to create a bespoke living space in a sought-after area of Scarborough.

Investment Analysis

(YO12 area)

Below Market Value

This property is priced -5.3% below area average per sq ft

-5.3%
Potential saving
This Property
£185/sq ft
Area Average
£195/sq ft
Avg Rent (weekly)
£175
Avg Yield
4.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£139,460
10% above area average per sq ft
Potential ROI
-30.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
48
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (YO12)

Area prices are stable by +0.8% over the last 12 months
3 year growth: -3.8%
5 year growth: 11.0%
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

Evelyn Drive, Scarborough, North Yorkshire, YO12
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£433
Based on a loan of £90,000 over 30 years at 4.06% 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