12 Royal Avenue, Scarborough OIRO £550,000

A fantastic investment opportunity - A substantial, semi-detached period building which has been divided into four high-specification apartments, currently trading as estblished, successful holiday lets. Dubbed 'The Artist's House', the former home of the renowned French watercolourist, paul marny has been tastefully decorated to welcome visitors to the area (even displaying pieces of his artwork which can be included S.T.O) and enjoys a great setting on scarborough's south cliff, in close proximity to many amenities.

'The Artist's House' has certainly proven to be a popular destination for visitors and has received a remarkable, ‘Superb’ rating (9.3/10) on (across 285 reviews), 4.95/5 rating on AirBnB, with ‘Superhost’ status achieved. The apartments generate an average turnover of £87,000 and have healthy future bookings (currently as far as July 2026). The owner would be prepared to sell the property as a going concern with fixtures/fittings for those searching for an immediate investment (subject to offer). Figures/Projections can be provided to serious interested parties upon request.

The property is complete with EcoSlider heritage sliding sash windows, insulation throughout, soundproofing between floors, fire safety system, 3 phase electrics upgrade, 32mm mains water pressure upgrade and much more. A blue plaque has been placed on the property to commemorate the time renowned French Artist Paul Marny whom lived/worked at the house, awarded by Scarborough Civic Society.

The apartments occupy an enviable elevated position on a popular tree lined Avenue just off Ramshill Road, near to a wealth of amenities and attractions and is only a short walk from the town centre itself and close to Scarborough Train Station, Scarborough's South Bay and Spa complex.

To fully appreciate this property, internal viewing is truly a must. Please contact our friendly and experienced team at cph today to arrange a viewing!

EPC Rating: C

Lower Ground Floor

The Maisonette Kitchen
9'6" x 5'10"
The Maisonette Shower Room
6'6" x 6'6"

Ground Floor

Entrance Vestibule
5'6" x 5'6"
Main Entrance Hallway
21'3" x 6'10"
The Maisonette Open Lounge/Bedroom
17'0" max into bay x 14'9" max
Plant Room/Owner's Store/Utility
13'1" x 11'5"
The Garden Flat Lounge/Dining Room
14'5" x 11'5" max
The Garden Flat Kitchen
8'10" x 8'6"
Rear Hall
8'6" x 4'11"

First Floor

Landing/Stairs
12'9" x 6'10"
The Grand Bay Hallway
11'5" max x 7'10" max
The Grand Bay Open Plan
Lounge/Dining/Kitchen
16'8" max into bay x 15'1"
The Grand Bay Study Area
5'10" x 5'2"
The Grand Bay Bedroom 1
14'1" max x 11'5"
The Grand Bay Bedroom 2
8'10" x 8'6"
The Grand Bay Shower Room
10'9" max x 3'7" max
The Grand Bay Bedroom 3
11'5" x 6'10"
The Grand Bay Bathroom
7'6" x 5'10"

Second Floor

The Artist Studio Hallway
10'9" max x 4'3" max
The Artist Studio
Lounge/Dining/Kitchen
17'0" max into bay x 15'1" max
The Artist Studio Bedroom 1
21'3" max x 11'5" max
The Artist Studio Bedroom 2
12'9" max x 11'1" max
The Artist Studio Bathroom
11'9" x 5'10"

Outside

The Artist Studio benefits from a private rear garden which is currently accessed via 'The Garden Flat'.

Epcs

12a Royal Avenue - Band C (76/76)
12b Royal Avenue- Band C (79/79)
12c Royal Avenue- Band B (82/82)
12d Royal Avenue- Band C (80/80)

Business Rates

This property qualifies for 100% Small Business Rates Relief.