2-bedroom flat · YO14 0LW
For saleListed 258 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
INVESTMENT OPPORTUNITY - LOVELY 2 BEDROOM FLAT IN HUMNANBY VILLAGE, TENANT IN SITU CURRENTLY PAYING £600 PER CALENDAR MONTH, EXCLUSIVE.
This attractive, double fronted, detached Victorian property has been converted to create 4 similar self-contained apartments, each with private parking to the rear.
The subject unit is a First Floor Apartment with Unit Sealed Double Glazing and Gas Central Heating.
The property briefly comprises; Communal Entrance, Private Hallway, Living Room/Fitted Kitchen, 2 Bedrooms and combined Bathroom/W.C.
The property is held on a 999 year Lease commencing 1st January 2015.
The property is offered with a share in the freehold company with repairs and insurance split equally between the 4 units, each flat pays £550 per annum into the management company of which they become a shareholder.
The premises are located on the main thoroughfare of this Village on the edge of the Yorkshire Wolds.
The seaside resort of Filey is approximately 3 miles away, 9 miles away from Scarborough and approximately 9 miles from Bridlington.
The Village is served by a varied selection of shops, cafe's, public houses and restaurants.
Note - the property cannot be used as a holiday let THIS PROPERTY IS BEING SOLD WITH THE CURRENT TENANT IN SITU CURRENTLY PAYING £600 PER CALENDAR MONTH.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
FAQ
About 55 Bridlington Street
Explore nearby
