Crown Crescent, Scarborough
CPH Property Services logo

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 %
from 220,997.00 £
Est sale value
190,080.00 £
Increased by 30.69 %
from 145,440.00 £
Average area rental value
704.00 £/mo
Decreased by 14.15 %
from 820.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
3.52 %
Decreased by 20.90 %
from 4.45 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • CPH Property Services created the listing.

Nearby Schools

NameTypeOfstedDistance
Scarborough Pupil Referral UnitPupil Referral UnitGood0.47 KM
Childhaven Community Nursery SchoolLocal Authority Nursery SchoolOutstanding0.93 KM
Scarborough CentralChildren's Centre1.09 KM
Friarage Community Primary SchoolAcademy Sponsor Led1.17 KM
Gladstone Road Primary SchoolCommunity SchoolRequires improvement1.30 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
St Martin's Square £ 142,50000.00 KM
Esplanade £ 337,50000.00 KM
St Martin's Place £ 130,00000.00 KM
St Martin's Road £ 122,62500.00 KM
The Crescent £ 95,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Scarborough8185SCA0.61 KM
Seamer8178SEM4.27 KM

Nearby Listings

AddressPriceTypeScoreDistance
Crown Crescent, Scarborough £ 320,000BUY5 / 100.00 KM
Crown Terrace, Scarborough £ 95,000BUY5 / 100.02 KM
Cherry Court, Crown Terrace, Scarborough, North Yorkshire £ 125,000BUYUnknown0.03 KM
Crown Crescent, Scarborough, North Yorkshire, YO11 £ 325,000BUY6 / 100.03 KM
Ridings Court, Crown Crescent, Scarborough, North Yorkshire £ 85,000BUY5 / 100.05 KM

Nearby Properties

AddressPriceDistance
7 Crown Crescent £ 260,5000.03 KM
6 Crown Crescent £ 145,0000.03 KM
8 Crown Crescent £ 175,5000.04 KM
4 Crown Terrace £ 295,0000.07 KM
5 Crown Terrace £ 309,0000.07 KM