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
![](/osm/tile/18/130778/83815.png)
![](/osm/tile/18/130778/83814.png)
![](/osm/tile/18/130777/83815.png)
![](/osm/tile/18/130779/83815.png)
![](/osm/tile/18/130778/83816.png)
![](/osm/tile/18/130777/83814.png)
![](/osm/tile/18/130779/83814.png)
![](/osm/tile/18/130777/83816.png)
![](/osm/tile/18/130779/83816.png)
![](/static/leaflet/images/marker-shadow.png)
![](/static/leaflet/images/marker-shadow.png)
![](/static/leaflet/images/marker-shadow.png)
![](/static/leaflet/images/marker-shadow.png)
![](/static/leaflet/images/marker-shadow.png)
![](/static/leaflet/images/marker-shadow.png)
![](/static/leaflet/images/marker-shadow.png)
![](/static/leaflet/images/marker-shadow.png)
![Marker](/static/leaflet/images/marker-icon-2x-red.png)
![Marker](/static/leaflet/images/marker-icon-2x-green.png)
![Marker](/static/leaflet/images/marker-icon-2x-green.png)
![Marker](/static/leaflet/images/marker-icon-2x-blue.png)
![Marker](/static/leaflet/images/marker-icon-2x-blue.png)
![Marker](/static/leaflet/images/marker-icon-2x-blue.png)
![Marker](/static/leaflet/images/marker-icon-2x-blue.png)
![Marker](/static/leaflet/images/marker-icon-2x-blue.png)
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 %
- Est sale value
- 186,992.64 £Decreased by 0.35 %
- Average area rental value
- 968.00 £/moIncreased by 4.88 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 3.84 %Decreased by 4.24 %
- Crime Rate
- 32.00 %Unchanged by 0.00 %
Agent Activity
Tower Estates created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
Scarborough Central | Children's Centre | 0.62 KM | |
Friarage Community Primary School | Academy Sponsor Led | 0.66 KM | |
Scarborough Pupil Referral Unit | Pupil Referral Unit | Good | 0.89 KM |
Childhaven Community Nursery School | Local Authority Nursery School | Outstanding | 1.16 KM |
Gladstone Road Primary School | Community School | Requires improvement | 1.25 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
Oxford Street | £ 145,000 | 0 | 0.00 KM |
Queen Street | £ 202,500 | 0 | 0.00 KM |
St Nicholas Street | £ 180,000 | 0 | 0.00 KM |
Victoria Road | £ 102,800 | 0 | 0.00 KM |
Victoria Street | £ 125,000 | 0 | 0.00 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
Scarborough | 8185 | SCA | 0.67 KM |
Seamer | 8178 | SEM | 5.18 KM |
Nearby Listings
Address | Price | Type | Score | Distance |
---|---|---|---|---|
Castle Road, Scarborough | £ 210,000 | BUY | 5 / 10 | 0.00 KM |
Sussex Street, Scarborough | £ 200,000 | BUY | 6 / 10 | 0.06 KM |
James Street, Scarborough, YO12 | £ 134,000 | BUY | Unknown | 0.07 KM |
James Street, Scarborough | £ 110,000 | BUY | Unknown | 0.09 KM |
Oxford Street, Scarborough | £ 120,000 | BUY | Unknown | 0.10 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
74 Castle Road | £ 99,500 | 0.01 KM |
42 Castle Road | £ 116,500 | 0.01 KM |
52 Castle Road | £ 225,000 | 0.01 KM |
54 Castle Road | £ 77,500 | 0.01 KM |
94 North Street | £ 102,000 | 0.05 KM |