2-bedroom property · YO21 3BA
For saleListed 553 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hope & Braim are delighted to present 15 Flowergate in Whitby to the market.
This mixed-use property comprises a retail shop on the ground floor and two self-contained flats on the upper floors located on the busy trading street of Flowergate.
The period building has an attractive façade with a glazed shop frontage and bay window above, whilst inside the rooms are well-proportioned and have high ceilings.
The commercial element comprises a shop floor of approximately 600 sq ft on the ground floor and a workshop and storage on the first floor that also has a small kitchenette and staff WC.
On both the upper floors there are self-contained one bed apartments that are accessed via the rear of the building with stepped access from the yard.
Both apartments have a living room, separate kitchen, one bedroom, and a bathroom, with the benefit of electric heating throughout.
The apartments have potential to be improved by refurbishing them, plus the first floor could also be converted into a third, one bed apartment.
The shop is currently trading as The Wedding Shop but will offered as an empty unit on completion, suitable for a variety of retail businesses.
Flowergate is a bustling street with a mix of independent shops and eateries that attract locals and tourists alike. The shop's Rateable Value is £15,250 and both apartments are Council Tax Band 'A'.
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
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FAQ
About 15, Flowergate, Whitby
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