2-bedroom house · YO15 3QN
Listing removedListed 122 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fully modernised, two bedroom ready-to-enjoy holiday home in a prime East Yorkshire coastal location, ideal for family holidays or investment.
Located on the popular South Shore Park, this 2-bedroom detached holiday chalet offers year-round coastal living with direct access to a beautiful, dog-friendly beach with sand dunes and miles of soft sand.
Coastal walks, water sports, and Bridlington town centre are just a short stroll away.
Positioned on First Avenue, the chalet was fully renovated in 2020–2021, including insulated walls and ceilings, a new metal roof, full re-wiring and plumbing, external UPVC cladding, timber internal doors, and a satellite dish.
All furnishings are included in the sale price. The accommodation comprises a modern open-plan lounge/diner/kitchen, two bedrooms, and a contemporary shower/WC.
Outside, a UPVC patio and fenced garden provide safe outdoor space for pets. South Shore Park allows holiday use all year round, with the option to let to holiday-makers.
The chalet benefits from a long 65-year lease from 2022, with ground rent for 2026 estimated at £4,375 plus VAT, linked to the Retail Prices Index (rpi) and payable annually on 31 January.
There is also an annual site service charge, which for 2024 was approximately £326.83 including VAT.
Nearby amenities include shops, a fish & chip shop, amusements, and the seasonal ‘Park & Ride’ land-train providing easy access to Bridlington town centre and Sewerby Park.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 150, First Avenue, East Yorkshire
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