Queens Parade, Scarborough, YO12 7HT

GBP 475,000
For Sale

Property Details

Bedrooms

6

Property Type

Mixed use

Description

Property Details: - Type: Mixed use - Bedrooms: 6 - Bathrooms: 0

Agent: CPH Property Services - Scarborough Phone: 01723 266951

<p>A rare opportunity to acquire the freehold interest in a proven, dual-income holiday letting business in one of Scarborough’s most sought-after locations. Highview sits prominently on Queens Parade, commanding breathtaking views across North Bay to Scarborough Castle from its elevated clifftop position.</p><p>The property operates as two independently lettable units, each with its own access, allowing maximum flexibility and year-round income generation.</p><p><strong>The Main House </strong>occupies the upper four floors and is currently configured to sleep 12 guests across five well-appointed bedrooms with multiple bathrooms. It trades through Sykes Cottages (4.7/5 rating) and Booking.com (8.7/10 rating), with a loyal repeat customer base. The accommodation includes a large sitting room, dining room, fully equipped kitchen, and a snug – providing the quality of space that attracts premium bookings for families, groups, and celebrations.</p><p><strong>The Basement Flat </strong>at lower ground floor level is a spacious, self-contained unit sleeping 2+2 (king bedroom plus sofa bed). It features its own kitchen, living/dining area, ensuite shower room, and a wet room designed for guests returning from outdoor activities. The flat trades on Airbnb with an exceptional 4.93/5 rating from 83 reviews, Superhost status, and Guest Favourite designation (top 5% of listings). It accepts well-behaved small/medium dogs, broadening its appeal.</p><p>Launched as a holiday let in 2019, Highview has built a strong online presence and consistent trading record. The property qualifies for 100% Small Business Rates Relief (rateable value £5,700), and the freehold ownership means no ongoing ground rent or service charges.</p><p>The location is a key strength. North Bay beach is a five-minute walk, the North York Moors National Park is on the doorstep, and Scarborough’s town centre is 10–15 minutes on foot. The area attracts year-round visitors for walking, cycling, surfing, and heritage tourism, with Whitby, Robin Hood’s Bay, and York all within easy reach.</p><p>For an investor seeking an established, income-generating coastal property with exceptional reviews and genuine growth potential, Highview offers outstanding value. Equally suited as a live-in investment where the owner occupies one unit and lets the other, this is a versatile and compelling proposition.</p><p>All enquiries to CPH Property Services - [use Contact Agent Button] &[use Contact Agent Button].</p>

Location

Address

Queens Parade, Scarborough, YO12 7HT

City

YO12 7HT

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