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Flat 1, 45 Esplanade Road, Scarborough, North Yorkshire YO11 2AT - Image 1
Flat 1, 45 Esplanade Road, Scarborough, North Yorkshire YO11 2AT - Image 2
Flat 1, 45 Esplanade Road, Scarborough, North Yorkshire YO11 2AT - Image 3
Flat 1, 45 Esplanade Road, Scarborough, North Yorkshire YO11 2AT - Image 4
Flat 1, 45 Esplanade Road, Scarborough, North Yorkshire YO11 2AT - Image 5
Flat 1, 45 Esplanade Road, Scarborough, North Yorkshire YO11 2AT - Image 6
Flat 1, 45 Esplanade Road, Scarborough, North Yorkshire YO11 2AT - Image 7
Flat 1, 45 Esplanade Road, Scarborough, North Yorkshire YO11 2AT - Image 8
Flat 1, 45 Esplanade Road, Scarborough, North Yorkshire YO11 2AT - Image 9
Flat 1, 45 Esplanade Road, Scarborough, North Yorkshire YO11 2AT - Image 10
Flat 1, 45 Esplanade Road, Scarborough, North Yorkshire YO11 2AT - Image 11
Flat 1, 45 Esplanade Road, Scarborough, North Yorkshire YO11 2AT - Image 12

Flat 1, 45 Esplanade Road, Scarborough, North Yorkshire YO11 2AT

Yorkshire

£70,000
Listed on 02/04/2026

Property Details

Bedrooms
3
Type
Flat

Description

This three-bedroom flat located in the desirable South-side of Scarborough presents a compelling opportunity for investors and renovators alike. While currently tenanted, the property will be sold with vacant possession, allowing for immediate renovation plans. The flat features central heating and partial double glazing but is in need of modernisation to maximise its rental or holiday let potential. With an inviting outdoor seating area and low maintenance yard, exterior improvements could enhance appeal even further. Positioned just off the Esplanade, this flat benefits from proximity to local amenities including shops and eateries at Ramshill Shopping Parade, as well as attractions like Scarborough’s South Bay Beach and Scarborough Castle. With a long leasehold remaining (983 years), this property holds strong potential for conversion into a lucrative holiday let or second home near the coast. Prospective buyers are encouraged to view the property prior to placing bids at auction, ensuring awareness of the scope needed for updates and improvements.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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

Flat 1, 45 Esplanade Road, Scarborough, North Yorkshire YO11 2AT
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£248
Based on a loan of £52,500 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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