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28 West Street, Scarborough, North Yorkshire YO11 2QP

Yorkshire

£235,000Guide Price

Listed on 09/07/2026

Property details

Bedrooms
9
Type
Commercial Property

Description

This substantial detached building, previously operating as a care home, presents a unique investment opportunity in South Scarborough. Spanning over 3,500 sq ft, the property features approximately 10 bedrooms and ample communal spaces. Its versatile layout allows for various future developments such as converting it into self-contained apartments, supported living accommodations, or continued healthcare facilities, pending necessary planning approvals. Located just 1 mile from Scarborough's bustling town centre and close to local amenities like shops and parks, this property not only offers considerable space but also a strategic position for potential growth. With its current setup and generous footprint, developers and investors can truly harness the full potential of this property. Offered at auction on the 27th of July 2026, interested parties are encouraged to explore the diverse possibilities this site has to offer.

Investment analysis

(YO11 area)
Area Average
£206/sq ft
Avg Rent (weekly)
£151
Avg Yield
3.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
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 -4.7% over the last 12 months
3 year growth: -6.9%
5 year growth: +6.2%
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

28 West Street, Scarborough, North Yorkshire YO11 2QP
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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
£888
Based on a loan of £176,250 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

This calculation uses non-residential (land/commercial) tax rates.

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