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Gladstone Street, Scarborough

Yorkshire

£170,000
Listed on 12/05/2026

Property Details

Bedrooms
5
Type
Terraced
Area
1793 sqft

Description

This expansive five-bedroom terraced home on popular Gladstone Street in Scarborough presents a unique renovation investment opportunity. Spanning multiple levels, the property boasts significant internal space, making it larger than many nearby residences. Ideal for those looking to enhance their property portfolio or a growing family seeking room to expand, this house offers considerable potential for transformation.

Within, prospective buyers will appreciate the spacious rooms adorned with high ceilings and plentiful natural light. The versatile layout opens avenues for conversion into a House in Multiple Occupation (HMO), holiday let, or simply a grand family home. With modernisation required throughout, this residence serves as a blank canvas ready for restoration and improvement by savvy investors and developers aiming to increase value.

Situated in a well-established residential neighbourhood, Gladstone Street provides convenient access to Scarborough’s vibrant town centre and its array of local amenities, along with the picturesque North Bay coastline just minutes away on foot. The region enjoys robust rental demand driven by its close proximity to schools, public transport links, and Scarborough's thriving tourism sector—making it an appealing choice for both long-term rentals and short-term holiday stays.

This remarkable opportunity is not one to overlook; seize the chance to acquire one of the most spacious homes available on this desirable street.

Investment Analysis

(YO12 area)

Below Market Value

This property is priced -51.6% below area average per sq ft

-51.6%
Potential saving
This Property
£95/sq ft
Area Average
£196/sq ft
Avg Rent (weekly)
£172
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£386,472
10% above area average per sq ft
Potential ROI
+75.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
49
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (YO12)

Area prices are falling by -2.5% over the last 12 months
3 year growth: -5.8%
5 year growth: +8.4%
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

Gladstone Street, Scarborough
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£607
Based on a loan of £127,500 over 30 years at 3.97% 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.

Stamp Duty Calculator

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