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Gladstone Street, Scarborough

Yorkshire

£170,000
Listed on 13/09/2025

Property Details

Bedrooms
5
Type
Terraced house
Area
1793 sqft

Description

Presenting a substantial 5-bedroom terraced home located on a desirable street in Scarborough. This property offers expansive living space across multiple levels, making it one of the larger homes in the area. With its broad footprint, it presents an excellent opportunity for those looking to invest or embark on a renovation project. The interior features sizable rooms characterized by high ceilings and ample natural light. The existing layout is conducive to various possibilities, including conversion into a House in Multiple Occupation (HMO), a holiday rental, or simply a large family residence. There is significant potential for modernization throughout, allowing investors and developers to tailor the space according to their vision and market needs. Situated in a well-established residential neighborhood, this property enjoys proximity to Scarborough's town center and local amenities. The nearby North Bay coastline is within easy reach, enhancing the appeal for both long-term tenants and vacationers. The area boasts strong rental demand due to its accessibility to schools and transport links, as well as its connection to Scarborough’s vibrant tourism scene. This property stands out not just for its size, but also for the renovation potential it offers—providing an exciting opportunity for those looking to make their mark in this popular location. It’s a rare find that combines generous

Investment Analysis

(YO12 area)

Below Market Value

This property is priced -50.6% below area average per sq ft

-50.6%
Potential saving
This Property
£95/sq ft
Area Average
£192/sq ft
Avg Rent (weekly)
£173
Avg Yield
4.5%

Renovation Potential

Est. Renovation Cost
£17,000 - £42,500
10-25% of property value
Target Value
£378,879
10% above area average per sq ft
Potential ROI
+78.3%
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

Gladstone Street, Scarborough
Map showing location of Gladstone Street, Scarborough
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