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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 -51.3% below area average per sq ft

-51.3%
Potential saving
This Property
£95/sq ft
Area Average
£195/sq ft
Avg Rent (weekly)
£181
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£383,810
10% above area average per sq ft
Potential ROI
+66.9%
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

Gladstone Street, 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
£623
Based on a loan of £127,500 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