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9 South Street, Scarborough, North Yorkshire, YO11 2BP - Image 1
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9 South Street, Scarborough, North Yorkshire, YO11 2BP - Image 3

9 South Street, Scarborough, North Yorkshire, YO11 2BP

Yorkshire

£100,000
Listed on 30/03/2026

Property Details

Bedrooms
5
Type
Block Of Apartments

Description

This freehold mixed-use property presents an intriguing investment opportunity with significant renovation potential. Comprising a ground-floor shop and three self-contained two-bedroom flats across five stories, this substantial building is located just a short distance from the scenic coastal esplanade and various local amenities in Ramshill. With current long-standing tenants and a history of stable income, the property also offers the prospect of converting the commercial space into additional residential units, pending planning approval. Given its desirable location and existing rental agreements, this investment not only provides immediate cash flow but also allows for future enhancement to maximize value.

Investment Analysis

(YO11 area)
Area Average
£204/sq ft
Avg Rent (weekly)
£153
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (YO11)

Area prices are falling by -9.0% over the last 12 months
3 year growth: -8.3%
5 year growth: +2.9%
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

9 South Street, Scarborough, North Yorkshire, YO11 2BP
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£354
Based on a loan of £75,000 over 30 years at 3.91% 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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