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135-141 Victoria Road, Scarborough

Yorkshire

£700,000

Listed on 08/06/2026

Property Details

Bedrooms
N/A
Type
Residential Development

Description

Discover a unique investment opportunity in Scarborough with this substantial mixed-use freehold property, encompassing approximately 23,500 sq.ft of gross internal area situated across several buildings. This property features two prominent retail units along Victoria Road, which offer excellent visibility and foot traffic, making them ideal for business ventures or redevelopment. Additionally, the holding includes two semi-detached residential houses that are currently generating rental income, yet they present significant potential for refurbishment to enhance their value and appeal. The warehouse located on Mill Street is another key asset, providing ample space suitable for storage or distribution, with further potential for redevelopment. The combination of retail, residential, and industrial spaces presents numerous asset management strategies and development opportunities for savvy investors, developers, or owner-occupiers looking to capitalize on Scarborough's growth as a coastal commercial hub. Positioned close to the town centre and vital transport connections, this property benefits from both local footfall and ease of access. Explore the possibilities this diverse portfolio offers in a well-established area poised for continued economic activity.

Investment Analysis

(YO11 area)
Area Average
£205/sq ft
Avg Rent (weekly)
£150
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£90,000 - £150,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (YO11)

Area prices are falling by -6.5% over the last 12 months
3 year growth: -6.9%
5 year growth: +5.8%
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

135-141 Victoria Road, Scarborough
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,645
Based on a loan of £525,000 over 30 years at 4.45% 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.

Stamp Duty Calculator

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