Esplanade Gardens, Scarborough
OIRO £1,180,000

Nestled in the charming Esplanade Gardens of Scarborough, this impressive block of flats presents a remarkable investment opportunity. Comprising seven brand new apartments, the property features a thoughtful mix of accommodation, including three studios, one one-bedroom flat, and three spacious three-bedroom apartments. Each apartment has been designed with high-quality fittings throughout, ensuring a modern and comfortable living experience for future residents. The property is ideally situated on the south side of Scarborough, just a stone's throw from the bustling Ramshill shopping parade, which offers a variety of shops, cafes, and local amenities.

5 Esplanade Gardens is an outstanding example of late 19th-century Victorian architecture, occupying a prestigious position in the highly sought-after South Cliff area. Rich in character and history, this impressive period building presents a rare opportunity to acquire not only an exceptional property, but a genuine piece of local heritage.

Having previously served a variety of uses, including as a care home and residential accommodation, the building has now undergone a comprehensive and meticulous programme of refurbishment. The result is a stunning transformation, finished to an exceptional standard throughout while carefully preserving the charm and grandeur synonymous with its Victorian origins.

The property now comprises 7 beautifully appointed residential flats, offering a mix of studio, one bedroom and 3 three bedroom layouts. Each apartment has been fully modernised with brand-new kitchens and contemporary bathrooms, all finished to a high specification by reputable local contractors. The interiors blend modern comfort with period elegance, creating desirable living spaces designed to appeal to today’s tenants.

Further enhancing its appeal, the building benefits from a fully updated and compliant fire alarm system, ensuring safety and peace of mind for both owner and occupiers.

This turnkey development represents a ready-made, hassle-free investment opportunity in a prime coastal location — fully refurbished, compliant, and perfectly positioned to attract strong and consistent tenant demand.