North Marine Road, Scarborough, North Yorkshire
By Liam Darrell Estate Agents
£ 595,000
Reviews
2 out of 5 stars
Liam Darrell Estate Agents says ..
+++Turnkey Investment Opportunity: Whole Block with Exceptional Yield Potential... Unlock the door to a lucrative investment with this exceptional opportunity to acquire an entire block of residential and commercial property. Boasting a fabulous rental yield, this turnkey investment promises subs...
Property Oracle says ..
This property, located on North Marine Road in Scarborough, presents an interesting investment opportunity as a block of apartments. The location is decent, with proximity to the sea and transportation links, although the immediate surroundings appear to be a mix of residential and commercial properties. The condition of the property suggests that it requires renovation, with dated decor and wear and tear visible in the images. However, this could be an opportunity to add value and modernize the apartments. The outdoor space is limited, offering little in terms of a garden. Considering the location, size (6 bedrooms, 6 bathrooms), and the need for renovation, the price seems reasonable. This property would likely appeal to investors looking to renovate and let out the apartments, or potentially convert them into individual dwellings, subject to planning permissions.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 5
- Location
- 7
- Land
- 3
- Bedrooms
- 6
- Bathrooms
- 6
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 164,375.00 £Decreased by 12.61 %
- Average area rental value
- 734.00 £/moIncreased by 4.41 %
- Est rental Yield
- 5.36 %Increased by 19.64 %
- Crime Rate
- 28.00 %Unchanged by 0.00 %
Agent Activity
Liam Darrell Estate Agents created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Scarborough Central | Children's Centre | 0.64 KM | |
| Friarage Community Primary School | Academy Sponsor Led | 0.64 KM | |
| Scarborough Pupil Referral Unit | Pupil Referral Unit | Good | 1.15 KM |
| Childhaven Community Nursery School | Local Authority Nursery School | Outstanding | 1.39 KM |
| Gladstone Road Primary School | Community School | Requires improvement | 1.43 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Stanley Street | £ 0 | 0 | 0.00 KM |
| Oxford Street | £ 145,000 | 0 | 0.00 KM |
| Marias Court | £ 0 | 0 | 0.00 KM |
| Queen Street | £ 202,500 | 0 | 0.00 KM |
| Newborough | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Scarborough | 8185 | SCA | 0.93 KM |
| Seamer | 8178 | SEM | 5.44 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| North Marine Road, Scarborough, North Yorkshire | £ 595,000 | BUY | 5 / 10 | 0.00 KM |
| The Toast Box Cafe, 84 North Marine Road, Scarborough, YO12 7PE | £ 130,000 | BUY | 4 / 10 | 0.01 KM |
| 57 North Marine Road, Scarborough, North Yorkshire, YO12 7HT | £ 165,000 | BUY | 3 / 10 | 0.06 KM |
| 57 North Marine Road, Scarborough, North Yorkshire, YO12 7HT | £ 165,000 | BUY | 5 / 10 | 0.06 KM |
| Gibsons Court, North Marine Road, Scarborough | £ 121,250 | BUY | 5 / 10 | 0.06 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 84a North Marine Road | £ 56,500 | 0.01 KM |
| 40 North Marine Road | £ 57,500 | 0.01 KM |
| 30 North Marine Road | £ 170,000 | 0.01 KM |
| 72 North Marine Road | £ 245,000 | 0.03 KM |
| 80 North Marine Road | £ 165,000 | 0.03 KM |