Crown Crescent, Scarborough
By CPH Property Services
£ 320,000
Reviews
2 out of 5 stars
CPH Property Services says ..
A GREAT INVESTMENT OPPORTUNITY which currently generates approximately £35,520 per annum, due to rise to £39,000 in the upcoming months. A BLOCK OF SIX APARTMENTS comprising of 1 x THREE BEDROOM MAISONETTE and 5 x ONE BEDROOM APARTMENTS which are to be sold with TENANTS in SITU who are insured wi...
Property Oracle says ..
This property listing presents a block of six apartments in Scarborough, North Yorkshire, located on Crown Crescent. The property comprises one three-bedroom maisonette and five one-bedroom apartments. A key feature highlighted is the existing tenants and the substantial rental income the property already generates, approximately £35,520 annually. The listing states this is expected to increase to £39,000. This is a significant element impacting the value proposition. The location is described as being in a residential area with reasonable access to amenities, transport links, and schools. The provided photographs show a relatively well-maintained exterior; however, a thorough inspection is advisable to assess the condition of each apartment. The absence of information regarding square footage for each individual apartment limits a detailed comparative analysis with similar properties. A significant drawback is the absence of a garden or significant outdoor space associated with this property. Overall, this investment property is presented as a potentially sound investment opportunity for buyers seeking a rental yield, but a thorough due diligence before purchasing would be advisable.
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
- 6
- Location
- 7
- Land
- 1
- Bedrooms
- 8
- Bathrooms
- 6
- Sqft (est)
- 720.00
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
- 239,663.00 £Increased by 8.45 %
- Est sale value
- 190,080.00 £Increased by 30.69 %
- Average area rental value
- 704.00 £/moDecreased by 14.15 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 3.52 %Decreased by 20.90 %
- Crime Rate
- 8.00 %Unchanged by 0.00 %
Agent Activity
CPH Property Services created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Scarborough Pupil Referral Unit | Pupil Referral Unit | Good | 0.47 KM |
| Childhaven Community Nursery School | Local Authority Nursery School | Outstanding | 0.93 KM |
| Scarborough Central | Children's Centre | 1.09 KM | |
| Friarage Community Primary School | Academy Sponsor Led | 1.17 KM | |
| Gladstone Road Primary School | Community School | Requires improvement | 1.30 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| St Martin's Square | £ 142,500 | 0 | 0.00 KM |
| Esplanade | £ 337,500 | 0 | 0.00 KM |
| St Martin's Place | £ 130,000 | 0 | 0.00 KM |
| St Martin's Road | £ 122,625 | 0 | 0.00 KM |
| The Crescent | £ 95,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Scarborough | 8185 | SCA | 0.61 KM |
| Seamer | 8178 | SEM | 4.27 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Crown Crescent, Scarborough | £ 320,000 | BUY | 5 / 10 | 0.00 KM |
| Crown Terrace, Scarborough | £ 95,000 | BUY | 5 / 10 | 0.02 KM |
| Cherry Court, Crown Terrace, Scarborough, North Yorkshire | £ 125,000 | BUY | Unknown | 0.03 KM |
| Crown Crescent, Scarborough, North Yorkshire, YO11 | £ 325,000 | BUY | 6 / 10 | 0.03 KM |
| Ridings Court, Crown Crescent, Scarborough, North Yorkshire | £ 85,000 | BUY | 5 / 10 | 0.05 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 7 Crown Crescent | £ 260,500 | 0.03 KM |
| 6 Crown Crescent | £ 145,000 | 0.03 KM |
| 8 Crown Crescent | £ 175,500 | 0.04 KM |
| 4 Crown Terrace | £ 295,000 | 0.07 KM |
| 5 Crown Terrace | £ 309,000 | 0.07 KM |