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Red Scar Lane, Scarborough, North Yorkshire, YO12

Yorkshire

£325,000

Listed on 24/06/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
1087 sqft

Description

This detached bungalow presents a distinctive opportunity for those interested in renovation, located on the outskirts of Scarborough with stunning vistas of the North York Moors National Park. The property requires comprehensive modernisation, allowing prospective buyers to fully personalise their living space according to their preferences. Nestled within a sought-after residential area, this bungalow offers considerable potential to become an exceptional family home or investment property. The layout includes an entrance hallway, a spacious lounge, a kitchen diner with pantry space, two ample bedrooms, a bathroom, and a separate WC. Additionally, there’s access to a sizeable loft room via a drop-down ladder, which boasts eaves storage and windows that frame even more remarkable views of the surrounding landscape—ideal for conversion, subject to permissions. The large plot features a driveway and garage alongside an expansive rear garden that provides ample scope for landscaping or extension projects. With no onward chain, this property is perfect for those looking to embark on an innovative renovation journey in one of Yorkshire's most picturesque settings.

Investment Analysis

(YO12 area)

Above Market Value

This property is priced +51.0% above area average per sq ft

+51.0%
This Property
£299/sq ft
Area Average
£198/sq ft
Avg Rent (weekly)
£171
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£236,689
10% above area average per sq ft
Potential ROI
-36.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (YO12)

Area prices are stable by -2.0% over the last 12 months
3 year growth: -3.6%
5 year growth: +9.4%
Investment Disclaimer: Analysis based on YO12 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

Red Scar Lane, Scarborough, North Yorkshire, YO12
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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
£1,228
Based on a loan of £243,750 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.

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