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Trafalgar Square, Scarborough YO12 - Image 1
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Trafalgar Square, Scarborough YO12

Yorkshire

£175,000
Listed on 19/12/2025

Property Details

Bedrooms
6
Type
Terraced house
Area
1811 sqft

Description

Situated in the vibrant center of Scarborough, this expansive former guesthouse offers a valuable investment opportunity boasting great potential for transformation. Overlooking the well-known Cricket Ground, the property is primed for a visionary renovation. It can be redesigned into a spacious six-bedroom family home or, with appropriate permissions, converted into four one-bedroom apartments, catering to both residential and rental markets. Available with no onward chain, this mid-terrace property serves as a blank slate for those eager to enhance its value through renovations. Its considerable size, coupled with pleasant views of the Cricket Ground, underscores its strong redevelopment possibilities that are best appreciated through an internal viewing. Additionally, low-maintenance gardens at both the front and rear present minimal upkeep for future owners. The location is highly conducive to modern living with easy access to local amenities such as supermarkets, boutique shops, cafes, and dining options. The lively town center is just a short distance away alongside recreational spots like Peasholm Park and the scenic North Bay beach. Opportunities like this – combining renovation potential with investment prospects in such a desirable area – are seldom found, making early interest advisable.

Investment Analysis

(YO12 area)

Below Market Value

This property is priced -50.3% below area average per sq ft

-50.3%
Potential saving
This Property
£97/sq ft
Area Average
£195/sq ft
Avg Rent (weekly)
£181
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£387,663
10% above area average per sq ft
Potential ROI
+41.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (YO12)

Area prices are stable by 0.0% over the last 12 months
3 year growth: -2.9%
5 year growth: 12.9%
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

Trafalgar Square, Scarborough YO12
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£641
Based on a loan of £131,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE