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Prince Of Wales Terrace, SCARBOROUGH

Yorkshire

£60,000
Listed on 19/02/2026

Property Details

Bedrooms
2
Type
Flat

Description

This two-bedroom top floor flat, located in the desirable South Cliff area of Scarborough, presents a significant opportunity for renovation enthusiasts or investors. Housed within a charming period terrace, the property already has some restoration work underway, making it an ideal project for those looking to customize their seaside retreat. With spacious accommodation that includes a kitchen, lounge, two bedrooms, and a partly installed shower in one of the bedrooms, this flat offers great potential to transform into a comfortable home or lucrative holiday rental. The convenient location close to amenities such as shops, bars, and the beach enhances its appeal for future occupants. Completing the renovation could yield excellent returns in this sought-after coastal town.

Investment Analysis

(YO11 area)
Area Average
£201/sq ft
Avg Rent (weekly)
£160
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (YO11)

Area prices are falling by -8.3% over the last 12 months
3 year growth: -7.5%
5 year growth: +8.0%
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

Prince Of Wales Terrace, SCARBOROUGH
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£216
Based on a loan of £45,000 over 30 years at 4.06% 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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