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Sussex Street, Scarborough, North Yorkshire

Yorkshire

£180,000
Listed on 26/02/2026

Property Details

Bedrooms
3
Type
Flat
Area
850 sqft

Description

This notable property, held by the same family for over sixty years, is situated in a sought-after central location and presents significant investment and renovation opportunities. The two-storey building includes a three-bedroom apartment on the first floor, featuring a spacious lounge with balcony access, a well-equipped kitchen/diner, and a family bathroom with four fixtures including both bath and shower. The adaptable ground floor consists of a large workshop/office/store space with bi-folding doors leading to a gated forecourt that provides off-road parking for multiple vehicles. Currently configured for both residential living and commercial use, this property has the potential to be transformed into two or three separate residential units (pending necessary planning permissions) or adapted further for diverse business applications, capitalizing on its exceptional parking availability. With additional outside space including a side patio and raised flowerbeds, the site offers ample scope for creativity in renovation. Given its unique attributes and prime location near local amenities, this property is ideal for those looking to invest in upgrades or repurpose it for maximum return.

Investment Analysis

(YO11 area)

Above Market Value

This property is priced +5.1% above area average per sq ft

+5.1%
This Property
£212/sq ft
Area Average
£201/sq ft
Avg Rent (weekly)
£160
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£188,309
10% above area average per sq ft
Potential ROI
-18.1%
After renovation
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

Sussex Street, Scarborough, North Yorkshire
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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
£649
Based on a loan of £135,000 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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