Flat 11, St Nicholas Mews, Cliff Bridge Place
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Flat 11, St Nicholas Mews, Cliff Bridge Place

By Tower Estates

£ 60,000

Reviews

3 out of 5 stars

Tower Estates says ..

We are delighted to offer this ONE BEDROOM APARTMENT located in the heart of town as a RENTAL INVESTMENT with TENANT IN SITU. This property is currently achieving £5,940.00 per annum

Property Oracle says ..

This one bedroom apartment is located in Scarborough, North Yorkshire. The property is conveniently located close to Scarborough Train Station (0.69 KM) and several schools including Scarborough Central (0.59 KM) and Friarage Community Primary School (0.66 KM). While the apartment itself is compact at 315.06 sqft, it benefits from a recently updated bathroom and kitchen. The overall condition of the property appears to be good, with modern fixtures and fittings. However, the lack of outdoor space is a notable drawback. The list price of £60,000 is significantly below the average price for the area (£302,231), and even when considering the smaller size of the property, it represents a potentially attractive investment opportunity, particularly for first-time buyers or investors seeking rental income. Nearby comparable properties support this assessment, with similar apartments selling for similar prices. The location is also a positive factor, given its proximity to transport links and schools.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
9
Condition
8
Location
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
315.06

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
273,747.00 £
Decreased by 7.23 %
from 295,097.00 £
Est sale value
115,311.96 £
Increased by 23.65 %
from 93,257.76 £
Average area rental value
1,032.00 £/mo
Decreased by 0.77 %
from 1,040.00 £/mo
Est letting value
315.06 £/mo
Unchanged by 0.00 %
from 315.06 £/mo
Est rental Yield
4.52 %
Increased by 6.86 %
from 4.23 %
Crime Rate
26.00 %
Unchanged by 0.00 %
from 26.00 %

Agent Activity

  • Tower Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
Scarborough CentralChildren's Centre0.59 KM
Friarage Community Primary SchoolAcademy Sponsor Led0.66 KM
Scarborough Pupil Referral UnitPupil Referral UnitGood0.74 KM
Childhaven Community Nursery SchoolLocal Authority Nursery SchoolOutstanding1.19 KM
Gladstone Road Primary SchoolCommunity SchoolRequires improvement1.47 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Harcourt Place £ 000.00 KM
Huntriss Row £ 000.00 KM
Bar Street £ 000.00 KM
Salisbury Arcade £ 000.00 KM
St Nicholas Street £ 180,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Scarborough8185SCA0.69 KM
Seamer8178SEM4.77 KM

Nearby Listings

AddressPriceTypeScoreDistance
Flat 11, St Nicholas Mews, Cliff Bridge Place £ 60,000BUY6 / 100.00 KM
Flat, St Nicholas Mews £ 55,000BUYUnknown0.01 KM
Cliff Bridge Place, Scarborough £ 89,950BUY6 / 100.04 KM
St Nicholas Mews, Cliff Bridge Place £ 55,000BUY5 / 100.06 KM
Huntriss Row, Scarborough £ 249,950BUYUnknown0.17 KM

Nearby Properties

AddressPriceDistance
8 Cliff Bridge Terrace £ 140,0000.04 KM
8 Falconers Square £ 105,0000.17 KM
39 Bar Street £ 55,0000.20 KM
40a Bar Street £ 143,0000.20 KM
18a Bar Street £ 80,7840.20 KM