Worst House on the Street Logo
first floor and second floor Maisonette, 12 South Street, Scarborough,YO11 2BP - Image 1
first floor and second floor Maisonette, 12 South Street, Scarborough,YO11 2BP - Image 2
first floor and second floor Maisonette, 12 South Street, Scarborough,YO11 2BP - Image 3
first floor and second floor Maisonette, 12 South Street, Scarborough,YO11 2BP - Image 4
first floor and second floor Maisonette, 12 South Street, Scarborough,YO11 2BP - Image 5
first floor and second floor Maisonette, 12 South Street, Scarborough,YO11 2BP - Image 6
first floor and second floor Maisonette, 12 South Street, Scarborough,YO11 2BP - Image 7

first floor and second floor Maisonette, 12 South Street, Scarborough,YO11 2BP

Yorkshire

£30,000
Listed on 03/11/2025

Property Details

Bedrooms
1
Type
Flat
Area
356 sqft

Description

Nestled in the desirable South Cliff area, this one-bedroom maisonette presents a prime opportunity for renovation and investment. Spanning the first and second floors, the property features a straightforward layout that includes a combined lounge and kitchen area, a well-sized bedroom, and an ensuite shower room. While the interior requires modernization, this aspect opens up significant potential for those looking to personalize or upgrade the space. The property is being sold with vacant possession and no onward chain, making it an appealing option for buy-to-let investors or first-time buyers eager to embark on a project. In addition to its structural advantages, the location is a key highlight—situated within easy reach of local amenities, residents will enjoy convenient access to shops, restaurants, and public transport options. This makes it not only a comfortable living space but also a strategically sound investment opportunity. The property also benefits from communal outdoor space in the form of a rear yard. With a leasehold tenure of 999 years commencing in May 1991, this maisonette stands as an enticing proposition for those ready to capitalize on its renovation potential.

Investment Analysis

(YO11 area)

Below Market Value

This property is priced -58.1% below area average per sq ft

-58.1%
Potential saving
This Property
£84/sq ft
Area Average
£201/sq ft
Avg Rent (weekly)
£161
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£78,692
10% above area average per sq ft
Potential ROI
+43.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (YO11)

Area prices are falling by +7.1% over the last 12 months
3 year growth: -4.1%
5 year growth: 11.9%
Investment Disclaimer: Analysis based on YO11 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

first floor and second floor Maisonette, 12 South Street, Scarborough,YO11 2BP
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£110
Based on a loan of £22,500 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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE