Friargate, Scarborough, North Yorkshire
By Liam Darrell Estate Agents
£ 80,000
Reviews
2 out of 5 stars
Liam Darrell Estate Agents says ..
+++Offered to the market with NO ONWARD CHAIN and IN NEED OF COSMETIC REFURBISHMENT is this THREE BEDROOM, GROUND FLOOR APARTMENT with PRIVATE ENTRANCE situated within the heart of SCARBOROUGH'S 'OLD TOWN'. This property offers a SPACIOUS, FRONT FACING LIVING AREA, FITTED KITCHEN and SMALL OUTDOO...
Property Oracle says ..
This three-bedroom, ground floor flat in Scarborough’s Old Town presents a mixed bag of advantages and disadvantages. Its strong point is undeniably its location. Being situated in the heart of Scarborough’s Old Town, it enjoys easy access to the beach, town centre amenities, and local schools, making it ideal for families or those seeking a convenient lifestyle. The proximity to Scarborough Central and Friarage Community Primary School is a considerable plus for families with young children. Additionally, the average prices of nearby streets such as Friarage and Queen Street, significantly higher than the subject property, suggest a desirable neighbourhood with potential for future value appreciation.
However, the property’s condition presents a challenge. The photographs reveal an interior that requires a substantial makeover. Outdated wallpaper, exposed wooden floors, and general wear and tear suggest a significant refurbishment is necessary, which will involve additional costs. Further compounding this is the almost total lack of outdoor space, which is a notable drawback for many buyers. The absence of a garden is a considerable limitation, particularly for families or those who value private outdoor areas.
Despite the considerable renovation required, the list price of £80,000 is not unreasonable, especially considering the location and comparative prices of nearby listings and properties. The property holds potential as an investment opportunity for buyers with the resources and inclination to undertake the necessary renovation. However, potential buyers must carefully budget for these refurbishment costs before committing to a purchase.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 4
- Location
- 7
- Land
- 1
- Bedrooms
- 3
- Bathrooms
- 1
- Sqft (est)
- 839.91
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Metrics Year-on-Year
- Average area value
- 302,231.00 £Increased by 9.49 %
- Est sale value
- 241,894.08 £Decreased by 0.35 %
- Average area rental value
- 968.00 £/moIncreased by 4.88 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 3.84 %Decreased by 4.24 %
- Crime Rate
- 30.00 %Unchanged by 0.00 %
Agent Activity
Liam Darrell Estate Agents marked this listing as sold.
Liam Darrell Estate Agents created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
Scarborough Central | Children's Centre | 0.02 KM | |
Friarage Community Primary School | Academy Sponsor Led | 0.09 KM | |
Scarborough Pupil Referral Unit | Pupil Referral Unit | Good | 1.23 KM |
Childhaven Community Nursery School | Local Authority Nursery School | Outstanding | 1.64 KM |
Gladstone Road Primary School | Community School | Requires improvement | 1.81 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
King Street | £ 180,000 | 0 | 0.00 KM |
Friarage | £ 230,000 | 0 | 0.00 KM |
Queen Street | £ 202,500 | 0 | 0.00 KM |
Church Street | £ 175,000 | 0 | 0.00 KM |
St Nicholas Street | £ 180,000 | 0 | 0.00 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
Scarborough | 8185 | SCA | 1.10 KM |
Seamer | 8178 | SEM | 5.35 KM |
Nearby Listings
Address | Price | Type | Score | Distance |
---|---|---|---|---|
Friargate, Scarborough, North Yorkshire | £ 80,000 | BUY | 4 / 10 | 0.00 KM |
Friargate, Scarborough, North Yorkshire | £ 80,000 | BUY | Unknown | 0.04 KM |
Tollergate, Scarborough | £ 350,000 | BUY | Unknown | 0.11 KM |
St. Marys Walk, Scarborough, North Yorkshire | £ 190,000 | BUY | 6 / 10 | 0.14 KM |
St. Marys Walk, Scarborough | £ 295,000 | BUY | 6 / 10 | 0.15 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
20 Friargate | £ 75,000 | 0.02 KM |
14 Friargate | £ 52,500 | 0.02 KM |
7 Cross Street | £ 69,000 | 0.05 KM |
39 Cross Street | £ 85,000 | 0.05 KM |
1 Market Way | £ 57,000 | 0.05 KM |