Friargate, Scarborough, North Yorkshire
LI

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 Outdated wallpaper, exposed wooden floors, and general wear and tear suggest a significant refurbishment is necessary, which will involve additional costs.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
MarkerMarkerMarkerMarkerMarkerMarkerMarkerMarker
Leaflet © OpenStreetMap contributors

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
302,231.00 £
Increased by 9.49 %
from 276,039.00 £
Est sale value
241,894.08 £
Decreased by 0.35 %
from 242,733.99 £
Average area rental value
968.00 £/mo
Increased by 4.88 %
from 923.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
3.84 %
Decreased by 4.24 %
from 4.01 %
Crime Rate
30.00 %
Unchanged by 0.00 %
from 30.00 %

Agent Activity

  • Liam Darrell Estate Agents marked this listing as sold.

  • Liam Darrell Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Scarborough CentralChildren's Centre0.02 KM
Friarage Community Primary SchoolAcademy Sponsor Led0.09 KM
Scarborough Pupil Referral UnitPupil Referral UnitGood1.23 KM
Childhaven Community Nursery SchoolLocal Authority Nursery SchoolOutstanding1.64 KM
Gladstone Road Primary SchoolCommunity SchoolRequires improvement1.81 KM

Images

1 37bc2731-155d-4946-97ff-f1209bcdf11c 10ab5660-b84e-469b-a4d4-3e70e138f0cc 1c9aa4a6-b7d9-45bf-a4b1-e253b5e71862 8530aed9-f837-4b24-ae68-9c1d2c684dd6 23929ef9-85ec-4383-ac69-7bdb3023039c c80cde7a-c641-4548-9f79-6fffcfa82bff bd8df2f4-7080-4ffa-976f-d7a0f12760cc

Nearby Streets

NameAverage PriceAverage SqftDistance
King Street £ 180,00000.00 KM
Friarage £ 230,00000.00 KM
Queen Street £ 202,50000.00 KM
Church Street £ 175,00000.00 KM
St Nicholas Street £ 180,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Scarborough8185SCA1.10 KM
Seamer8178SEM5.35 KM

Nearby Listings

AddressPriceTypeScoreDistance
Friargate, Scarborough, North Yorkshire £ 80,000BUY4 / 100.00 KM
Friargate, Scarborough, North Yorkshire £ 80,000BUYUnknown0.04 KM
Tollergate, Scarborough £ 350,000BUYUnknown0.11 KM
St. Marys Walk, Scarborough, North Yorkshire £ 190,000BUY6 / 100.14 KM
St. Marys Walk, Scarborough £ 295,000BUY6 / 100.15 KM

Nearby Properties

AddressPriceDistance
20 Friargate £ 75,0000.02 KM
14 Friargate £ 52,5000.02 KM
7 Cross Street £ 69,0000.05 KM
39 Cross Street £ 85,0000.05 KM
1 Market Way £ 57,0000.05 KM