Andrew Cowen Estate Agency says ..

Property Oracle says ..

This property in Esplanade Gardens, Scarborough, presents itself as a four-bedroom, four-bathroom semi-detached house currently configured as four one-bedroom apartments. The location offers proximity to Scarborough’s seafront and amenities, suggesting a potentially strong rental market. The transport links to Scarborough station and other nearby towns via TransPennine Express also increase convenience. Schools of varying Ofsted ratings are located within a reasonable distance. The property itself, judging from the photographs, appears to be in generally fair condition. It shows some signs of age, some rooms featuring original features that may appeal to some buyers but deter others, with a variety of finishes, including some dated features. The kitchen and bathroom amenities seem functional but could benefit from modernizations. The property includes a small to modest sized garden, adding some outdoor space. A single garage is noted in the listing details. The list price of £365,000 requires a more detailed analysis to assess its value; the absence of detailed comparable property sales data and average property price per square foot hinders a precise evaluation, although other nearby properties offer some relative comparison. The current arrangement of four separate flats hints at potential investment opportunities for buyers seeking rental income. A buyer would need to assess the condition and potential renovation/modernisation costs and consider the rental potential and the potential market value, to evaluate the full financial investment before committing to a purchase.

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

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