Castle Road, Scarborough
TO

Castle Road, Scarborough

By Tower Estates

£ 210,000

Reviews

2 out of 5 stars

Tower Estates says ..

We are pleased to bring onto the market this INVESTMENT OPPORTUNITY benefitting from ONE TWO-BEDROOM and FOUR ONE-BEDROOM apartments spread over FIVE FLOORS in a great CENTRAL LOCATION this property is not one to miss!

Property Oracle says ..

This property on Castle Road, Scarborough, is a block of apartments comprising one two-bedroom and four one-bedroom units. Its central location is a strong point, offering easy access to Scarborough Train Station, schools, and local amenities. The proximity to the town centre enhances its appeal as an investment opportunity, potentially attractive to both students and young professionals.

However, the provided photographs reveal a mixed state of repair. Some rooms show dated decor and furnishings, and some bathrooms are in need of refurbishment. The lack of a garden or any significant outdoor space is a notable drawback. This could limit the appeal to families or individuals seeking more living space.

The listing price of £210,000 requires further examination. While comparable properties in the vicinity are similarly priced, the condition of the property and the absence of a garden might impact its value. A potential buyer must consider the renovation costs alongside the rental income potential and the investment risk. An independent valuation would be recommended before making a purchase decision. The provided information also lacks details on the overall age of the building and any structural maintenance that might be required. Thorough due diligence is therefore vital for any prospective investor.

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
5
Location
7
Land
1
Bedrooms
6
Bathrooms
5
Sqft (est)
649.28
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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
186,992.64 £
Decreased by 0.35 %
from 187,641.92 £
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
32.00 %
Unchanged by 0.00 %
from 32.00 %

Agent Activity

  • Tower Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
Scarborough CentralChildren's Centre0.62 KM
Friarage Community Primary SchoolAcademy Sponsor Led0.66 KM
Scarborough Pupil Referral UnitPupil Referral UnitGood0.89 KM
Childhaven Community Nursery SchoolLocal Authority Nursery SchoolOutstanding1.16 KM
Gladstone Road Primary SchoolCommunity SchoolRequires improvement1.25 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Oxford Street £ 145,00000.00 KM
Queen Street £ 202,50000.00 KM
St Nicholas Street £ 180,00000.00 KM
Victoria Road £ 102,80000.00 KM
Victoria Street £ 125,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Scarborough8185SCA0.67 KM
Seamer8178SEM5.18 KM

Nearby Listings

AddressPriceTypeScoreDistance
Castle Road, Scarborough £ 210,000BUY5 / 100.00 KM
Sussex Street, Scarborough £ 200,000BUY6 / 100.06 KM
James Street, Scarborough, YO12 £ 134,000BUYUnknown0.07 KM
James Street, Scarborough £ 110,000BUYUnknown0.09 KM
Oxford Street, Scarborough £ 120,000BUYUnknown0.10 KM

Nearby Properties

AddressPriceDistance
74 Castle Road £ 99,5000.01 KM
42 Castle Road £ 116,5000.01 KM
52 Castle Road £ 225,0000.01 KM
54 Castle Road £ 77,5000.01 KM
94 North Street £ 102,0000.05 KM