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Block of flats for sale

£225,000

Grosvenor Road, Scarborough YO11

Interested in this property? Call 01723 266038 * or

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Property description

A rare opportunity to acquire a large Victorian semi-detached property currently laid out as four particularly grand apartments ranging from 850 square feet to 1000 square feet. Huge investment and/or redevelopment potential. Located in the Ramshill area of South Cliff this building is well positioned for access to the Esplanade cliff top walks, Ramshill shops and South Bay beach. From the upper floors there are superb treetops views across the Valley. Currently two of the apartments are let but when fully occupied has a gross income of approximately £22,000 which represents a 9.7% return. The apartments retain their original proportions from when first converted with high ceilings, skirtings and ornate cornicing. Now requiring some modernisation, this freehold property could also be considered for holiday lets for visitors looking to experience the town's Victorian grandeur. It may also be considered for flat redevelopment to capitalise on the apartments rare grand proportions. Offered with no onward chain but with two assured shorthold tenancies in place expiring end of 2016.

Directions:
From Valley Road travel away from the seafront and under Valley Bridge. Take the next left onto Grosvenor Road. This property is then on the right hand side at the end.


One bedroom garden flat


Own separate entrance into


Entrance vestibule


Door into


Entrance hall


Oak effect flooring, electric wall heater, walk-in store cupboard.

Lounge (18'3" x 16'6")
Timber framed single glazed sash bay window, further side window, ceiling coving, gas fire, electric wall heater.

Kitchen (10'9" x 7'9")
Wall cupboards, base units, work tops, sink unit, tiled splash backs, electric cooker point, plumbing for washing machine, boiler, timber framed single glazed sash window.

Fridge cupboard (4' x 2'9")

utility (15'3" x 9')
Timber framed single glazed sash window, electric wall heater.

Bedroom (14'9" plus bay x 13'9")
Wide timber framed single glazed sash bay window, built-in cupboard, hand basin with tiled splash back.

Bathroom (14' x 4')
Three piece suite comprising bath, hand basin, wc, wall tiling, timber framed single glazed sash window.

Currently let at £502.66 p.C.M.


Ground floor entrance


Door into


Entrance vestibule


Inner door to


Entrance hall


Stairs to upper floors.


One bedroom ground floor flat

hallway


High skirtings, ceiling coving, radiator, timber framed single glazed sash window, walk-in store cupboard.

Lounge (18'3" x 16'6" plus bay)
Ornate ceiling coving, picture rail, gas fire on tiled hearth, timber framed single glazed sash bay window further timber framed single glazed side window, two radiators.

Kitchen (14' x 8')
Wall cupboards, base units, work top, stainless steel sink and drainer, electric cooker point, built-in cupboard housing Valliant gas boiler, ceiling coving, radiator.

Bedroom (15'3" plus bay x 14')
Ceiling coving, ceiling rose, picture rail, built-in cupboard, timber framed single glazed sash bay window further timber framed single glazed side window, radiator.


Bathroom


Three piece suite comprising bath, hand basin, wc, wall tiling, extractor fan, timber framed single glazed sash window.

Currently let at ££412 p.C.M.


First floor

landing


Stairs continue to upper floor.


Two bedroom first floor flat

hallway


Ceiling coving, picture rail, dado rail, electric wall heater.

Walk-in storage area (4'9" x 3'9")

lounge (18'6" x 17')
Ornate ceiling coving, picture rail, high skirtings, triple aspect timber framed single glazed sash window, tiled fire surround and heart, gas fire, electric wall heater.

Kitchen (10'3" x 8')
Wall cupboards, base units, inset stainless steel sink and drainer, tiled splash backs, plumbing for washing machine, extractor fan, ceiling coving, timber framed single glazed sash window, glazed exterior door to fire escape.

Bedroom 1 (15'6" x 14'2")
Ceiling coving, built-in cupboard, hot water boiler, electric wall heater, dual aspect timber framed single glazed sash windows.

Bedroom 2 (11'9" x 9'3")
Ceiling coving, electric wall heater, timber framed single glazed sash window.

Shower room (14'6" x 3'9")
Three piece suite comprising corner shower cubicle with electric shower, hand basin, wc, marble effect wall tiling, sandstone effect tiled, timber framed single glazed sash window.


Third floor

landing

three bedroom second and third floor maisonette

hallway


Built-in under stairs store cupboard, staircase to upper floor, arch way to


Inner hall


Radiator.

Lounge (18'9" x 17'3")
Ceiling coving, high skirtings, tiled fire surround and hearth, gas fire, radiator, triple aspect timber framed single glazed sash windows.


Kitchen


Wall cupboards, base units, work tops, inset stainless steel sink unit, tiled splash backs, plumbing for washing machine, timber framed single glazed window and glazed exterior door to fire escape.

Bedroom 1 15'6" x 14'3")
Built-in cupboard housing GloWorm combination condensing boiler, dado rail, hand basin with tiled splash back, dual aspect timber framed single glazed sash windows, radiator.

Bedroom 2 (16' x 9'3")
Ceiling coving, high skirtings, timber framed single glazed sash window, radiator.

Bathroom (14'6" x 4'6")
Three piece suite comprising bath, hand basin, wc, wall tiling, timber framed single glazed sash window, radiator.

Third floor


Bedroom 3 (19'3" x 14'6")
Dormer room, timber framed single glazed dormer window with views over treetops, radiator.


Outside

front


Steps leading up to front door for upper floor flats, bin storage area, boundary hedge.


Side


Path leading to own entrance for Garden Flat.


Rear


Enclosed lawned garden, pebbled areas.


Council tax


All four flats are Band A (internet enquiry).


Energy efficiency rating


Garden Flat 50
Ground Floor Flat 48
First Floor Flat 45
Top Floor Maisonette 50
Full epc's available on request.


Viewing


By appointment through this office.


Measurements


Measurements are only very approximate and their accuracy is no way guaranteed and we therefore advise you to have your own carpet fitter or furniture supplier take his own measurements prior to ordering any carpets or furnishings.


Important note to prospective purchasers


Conditions of receiving Jacksons Property Service particulars.
We have not carried out a structural survey of any kind & have not tested any apparatus, fittings or services, so we cannot verify that they are in working order. The prospective purchaser is therefore advised to make their own enquiry and checks prior to purchase. These particulars are provided for guidance only from information the vendor has given us & should not form part of any contract of sale. A purchaser is expected to make his/her own enquiries via their own solicitors, surveyor or expert before committing themselves to a legal document, & Jacksons Property Service for themselves & for the vendors, owners or landlords of the property whose agents Jacksons Property Service are, give notice that (a)these particulars are prepared for the convenience of an intending purchaser or tenant & although they are believed to be correct, their accuracy is not guaranteed & they do not obviate the need to make appropriate searches, enquiries & inspections. They are made without responsibility on the part of Jacksons Property Service or the said vendors, owners or landlords. Any error, omission or misdescription shall not arrest or annul the sale or be grounds for rescission or on which compensation may be claimed & neither do they constitute any part of an offer or a contract. (b) none of the statements contained in these particulars as to the property are to be relied upon as statements or representation of fact & any intending purchaser or tenant must satisfy himself by inspection or otherwise as to the correctness of each of the statements, measurements, etc, contained in these particulars. (c) the vendors, owners or landlords of the property do not make or give & neither Jacksons Property Service nor any person in their employment has any authority to make or give any representation or warranty whatever in relation to the property.

Property info

Market activity
Average price paid £133,287 Sales 412 Current average value £151,391 (Zoopla Zed-Index) Value change £6,293 ▲ 4.34%

Property value data/graphs for YO11

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £240,476 £177 3.3 £198,512
Semi-detached £151,923 £155 3.0 £134,289
Terraced £136,878 £135 3.4 £124,771
Flats £121,813 £161 1.9 £109,684

Current asking prices in YO11

Average: £178,129
Avg. current asking prices in YO11
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £71,786
(7)
£121,045
(20)
£189,696
(28)
£265,833
(15)
£356,658
(6)
Flats £78,942
(19)
£119,359
(52)
£196,328
(9)
£350,000
(1)
-
All £77,015
(26)
£119,827
(72)
£191,309
(37)
£271,093
(16)
£356,658
(6)

Current asking rents in YO11

Average: £509 pcm
Avg. current asking prices in YO11
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £351 pcm
(1)
£563 pcm
(1)
- £1,300 pcm
(1)
Flats £373 pcm
(5)
£487 pcm
(10)
£536 pcm
(5)
£542 pcm
(3)
-
All £373 pcm
(5)
£475 pcm
(11)
£541 pcm
(6)
£542 pcm
(3)
£1,300 pcm
(1)

Fun facts for YO11

Highest value in YO11
Highest value streets Zed-Index
Deepdale Avenue £459,921
Weaponness Drive £400,109
Folkton, Scarborough YO11 £297,910
Wheatcroft Avenue £284,834
North Street £275,109
Highest turnover in YO11
Highest turnover streets Turnover
Filey Road 56.8%
Sea Cliff Crescent 50.0%
Tut Hill 50.0%
Beverley Close 48.3%
Wheatcroft Avenue 45.0%

What Zoopla users think of Scarborough

Overall rating:

  • currently 4 stars
Very good - 79% (98 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Scarborough:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Scarborough (0.3 miles)
  • Seamer (2.5 miles)
  • Filey (6.4 miles)
  • Durham Tees Valley Airport (44.3 miles)
  • Humberside Airport (48.6 miles)
  • Leeds Bradford International Airport (58.3 miles)
  • Hull Ferry Terminal (37.2 miles)
  • Transporter Bridge South Side (39.4 miles)
  • Transporter Bridge North Side (39.4 miles)

Nearby schools

View all schools in Scarborough
  • Gladstone Road Primary School (0.4 miles)
  • Gladstone Road Junior School (0.5 miles)
  • Friarage Community Primary School (0.7 miles)
  • Scarborough Sixth Form College (1.1 miles)
  • International Christian Language School for Functional English (16.9 miles)
  • Ampleforth College (27.9 miles)
  • Scarborough Pupil Referral Unit (0.1 miles)
  • Childhaven Community Nursery School (0.2 miles)
  • Bramcote School (0.5 miles)
Note: Distances are straight line measurements

Local info for Scarborough

About the neighbours in YO11

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For more information about this property, please contact
Jacksons Property Service, YO11 on 01723 266038 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Jacksons Property Service, and do not constitute property particulars. Please contact Jacksons Property Service for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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