23 Sherwood Street, Scarborough, North Yorkshire, YO11 1SR

Property Overview

23 Sherwood Street is a freehold terraced house in Scarborough, North Yorkshire. The property is described as an internally altered 3/4 bedroom house requiring updating, with scope for further modification and improvement subject to any necessary permissions or consents. It has gas central heating, double glazing throughout and an enclosed rear courtyard.

Accommodation

• Ground floor: Entry leading to lounge (12'11" x 9'7") and living room/kitchen (9'11" x 9'7").
• First floor: Landing leading to dining room/bedroom (12'11" x 11'4"), kitchen/bedroom (10'1" x 12'5") and bathroom (9'0" x 6'9").
• Second floor: Landing leading to bedroom (11'2" x 17'3") and bedroom (11'6" x 12'10").
• External: Enclosed rear courtyard.

The property has been listed as four bedrooms because that was the original layout and it could easily be returned to that configuration. The current arrangement includes a first-floor kitchen and two ground-floor reception rooms.

Location

Sherwood Street is close to Scarborough town centre, with shops, supermarkets, cafés and restaurants within easy walking distance. Scarborough railway station and bus services are nearby, and the town centre and seafront are accessible on foot.

Tenure & Key Information

• Tenure: Freehold.
• Property type: Terraced house.
• Bedrooms: 4, with the accommodation currently described as 3/4 bedrooms.
• EPC: Current Rating D62.
• Council tax: Payable to Scarborough Council; the supplied information states both flats are in Band B. Buyers should verify the applicable position.
• Heating: Gas central heating.
• Services: Connected to mains gas, water, drainage and electricity; these services have not been tested.
• Occupancy: Not supplied.

Auction & Buyer Charges

• Auction date: 30 September 2026.
• Auction time: 1.00pm.
• Guide price: £70,000–£80,000 plus fees.
• Buyer premium: £1,800 (£1,500 plus VAT).
• Administration charge: £1,200 (£1,000 plus VAT).
• Other fees: Disbursements may be payable by the purchaser upon completion. Buyers should refer to the legal pack for any listed disbursements.

Investment Analysis

HB estimates: Estimated rent references are £560–£1,700 pcm and estimated gross yield references are 8.1%–27.9%. These are HB estimates based on limited and non-directly-comparable advertised rental evidence, not achieved or passing rents and not formal valuations.

The supplied HB analysis provides no estimated GDV, refurbishment range or maximum bid. Known buyer premium and administration charge total £3,000, giving calculated acquisition costs of £73,000–£83,000 before any other costs. A defensible maximum bid cannot be calculated from the available evidence.

Sold Comparables

Supplied HM Land Registry sold data. The comparables are in Hull rather than Scarborough and are not considered reliable valuation evidence for this property.

Property	Price	Sold date	Type	Tenure
3 Kilton Court, Hull, HU8 9FE	£105,000	30 July 2024	Terraced	Freehold
5 Kilton Court, Hull, HU8 9FE	£108,500	16 June 2023	Terraced	Freehold
15 Kilton Court, Hull, HU8 9FE	£125,000	23 October 2020	Terraced	Freehold
24 Kilton Court, Hull, HU8 9FE	£109,000	1 February 2019	Terraced	Freehold
3 Kilton Court, Hull, HU8 9FE	£96,000	21 September 2018	Terraced	Freehold

Rental Evidence

The following is advertised asking-rent evidence, not achieved or passing rent, and is not directly comparable to the subject property.

• Generic Scarborough flat listing: £560 pcm, advertised asking rent, Rightmove.
• Four-bedroom detached property in Scarborough: £1,700 pcm, advertised asking rent, Colin Ellis Property Services.

The HB analysis treats £560–£1,700 pcm only as a broad asking-rent reference and not as a reliable subject-property rent estimate.

Strategy & Risks

The property may suit an investor or owner occupier seeking a project, subject to inspection and confirmation of any required permissions or consents. Buyers should obtain inspection, occupancy and local Scarborough evidence before bidding.

• Sold comparables are in Hull, not Scarborough, and are not reliable valuation evidence.
• Rental evidence is asking-rent data and is not directly comparable: one listing is a generic flat and the four-bedroom listing is detached.
• No condition, internal specification, occupancy or refurbishment information is supplied.
• A maximum bid cannot be supported from the available evidence.
• The property requires updating and any further alteration is subject to necessary permissions or consents.
• Buyer premium and administration charge total £3,000 before any other acquisition or works costs.
• Services have not been tested. Buyers should review the legal pack and undertake all appropriate due diligence.