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11 bedroom terraced house for sale
Esplanade Road, Scarborough
£650,000
Esplanade Road, Scarborough
£650,000
Our Summary
- Prominently positioned just off Scarborough’s sought-after Esplanade, Bay House is an impressive Victorian property with stunning sea views, presenting a unique investment opportunity
- There is one existing one-bedroom apartment and full planning permission in place to convert the remainder of the accommodation into a further 5 holiday lets with 3 bed and breakfast rooms at the rear
- The lower ground apartment is currently a one-bedroom but has planning permission for 2 bedrooms
- Occupying a position with unbeatable sea views across Scarborough’s South Bay, Bay House is a striking Victorian residence offering rare versatility, timeless architecture, and a substantial income potential
- It currently comprises of:• Lower Ground Floor: One-bedroom apartment with garden access• Ground Floor: Large Sea view reception room, an additional bedroom with an en-suite, guest WC, and a private-use bar lounge with access to the lower ground floor• First Floor: One rear bedroom and a separate one-bedroom apartment featuring an open-plan kitchen/living space and stunning sea views• Top Two Floors: Full planning permission in place for a further five holiday lets and 3 bed & breakfast rooms, offering significant short-term rental income potentialThis is a rare opportunity to secure a seafront property that not only showcases character features but also provides a clear pathway for continued or expanded income
- Planning Permission:• Full permission for 5 holiday lets with 3 extra guest rooms at rear
- Planning approved for five holiday lets and three bed and breakfast rooms
Description
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Here is a summary of the property description in a single paragraph:
Bay House, a stunning Victorian property, is situated on Scarborough's sought-after Esplanade, offering breathtaking sea views and a unique investment opportunity. The property has one existing one-bedroom apartment and full planning permission to convert the remaining accommodation into five holiday lets with three bed and breakfast rooms at the rear. The lower ground apartment can be converted into a two-bedroom apartment, and the property has the potential to generate significant short-term rental income. With its impressive sea views, character features, and versatile layout, Bay House is an ideal investment opportunity for those seeking a high-yield holiday rental income or a multigenerational living arrangement.