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Trafalgar Square, Scarborough

Yorkshire

£175,000
Listed on 28/12/2025

Property Details

Bedrooms
6
Type
Terraced house
Area
1811 sqft

Description

Located in the vibrant centre of Scarborough, this expansive former guesthouse commands a prominent position overlooking the renowned Cricket Ground. It represents an exceptional investment opportunity with considerable potential for transformation. This property could be reimagined as a spacious six-bedroom family home or, pending necessary planning permissions, redeveloped into four one-bedroom apartments, ideal for those looking to capitalize on the local rental market.<br><br>Presented without any onward chain, this mid-terrace residence offers a versatile layout that serves as a blank canvas for investors and developers seeking to enhance its value. The extensive living space combined with attractive views further emphasizes its redevelopment possibilities. Potential buyers are encouraged to inspect the interior to fully appreciate what this property can accommodate.<br><br>Additional advantages include manageable front and back gardens and a strategic location near various amenities such as supermarkets, boutique shops, cafes, and restaurants. The bustling town centre is also just a short distance away, alongside popular attractions like Peasholm Park and North Bay beach.<br><br>Properties with renovation potential in such a desirable area are seldom available; thus, early viewing is highly advisable.

Investment Analysis

(YO12 area)

Below Market Value

This property is priced -50.3% below area average per sq ft

-50.3%
Potential saving
This Property
£97/sq ft
Area Average
£195/sq ft
Avg Rent (weekly)
£181
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£70,000 - £100,000
Target Value
£387,663
10% above area average per sq ft
Potential ROI
+41.0%
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

Trafalgar Square, 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
£641
Based on a loan of £131,250 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