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See how verdicts work2-bedroom property · YO15 3QN
Listing removedReduced £6k (−25.1%) on 6 AugListed 735 days
Opportunity summary
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About
Service charge (For Leasehold tenure): £326.83 per year. Ground rent (For Leasehold tenure): £4080 per year.
location South Shore Park is a very popular East Yorkshire coastal holiday site offering direct access to a fabulous adjoining beach with sand dunes, lovely soft sand and bathing for paddling or water sports.
Furthermore, the beach is dog friendly throughout the year allowing owners to take their dogs for lengthy coastal walks along sands stretching for many miles or along the pathway above the beach leading to Bridlington Town centre which is approximately a 20 minute walk away.
For those less active, the Bridlington ‘Park & Ride’ service borders South Shore Park offering public transport links by bus or on the ‘Burlington Bertie’ land-train loved by children.
The land train provides easy access to Bridlington’s town centre and sea front and extends as far North as Sewerby village which contains the beautiful Sewerby Park grounds surrounding Sewerby Hall.
The Park & Ride transport link is available from around March to October.
A range of commercial facilities including Makis family bar, amusement arcade, general store, fish & chip shop and launderette are available on the adjacent holiday site of South Cliffe which borders South Shore Park.
Description 86A and 86B are two separate adjoining 2 bedroom semi-detached holiday chalets both owned by the same owner providing a rare opportunity for a purchaser to buy 2 adjoining chalets with a lockable inter-connecting door so they can be used as 2 separate semi-detached chalets or as one 4 bedroom detached chalet if required.
This option is obviously only available until one of the chalets has sold. This brochure relates to chalet 86B.
Chalet 86B is a timber clad 2 bedroom semi-detached chalet with grey metal roof and front patio contained within a fenced boundary.
The chalet comprises of a lounge, fitted kitchen, 2 double bedrooms and shower/WC. In addition, the chalet offers Upvc double glazing throughout and wall mounted electric heating.
All contents are included.
Property additional info Lounge: 10' 10" x 7' 10" (3.30m x 2.39m) Upvc sliding patio door provides access to the lounge which offers laminate flooring, Upvc double glazing, wall mounted electric heater, flat screen TV, unit with cupboards and drawers, coved ceiling plus open archway providing access to the fitted kitchen.
Fitted Kitchen: 7’ 8” x 5’ 0” (Maximum Measurements) Comprising of roll top work surfaces to 2 sides, built in stainless steel single drainer and sink with chrome mixer tap and ceramic hob all set on a range of matching base units of cupboards and drawers, wall mounted cupboards, laminate flooring, Upvc double glazing, refrigerator, coved ceiling and coin meter for electric.
Bedroom 1: 9' 2" x 7' 0" (2.79m x 2.13m) Rear facing double bedroom providing double bed, laminate flooring, Upvc double glazing, wall mounted electric heater, chest of drawers and a coved ceiling Bedroom 2: 10' 8" x 6' 10" (3.25m x 2.08m) Front facing double bedroom offering bunkbeds, laminate flooring, Upvc double glazing, wall mounted electric heater, wardrobe, chest of drawers, coved ceiling plus lockable interconnecting door to 86A enabling the chalets to be used as one large detached chalet.
Shower/WC: 7’ 7” x (into shower recess) 4’ 0” Comprising of laminate flooring, Upvc double glazing, low level WC, base unit with onset handbasin, shower cubicle housing ‘Triton Amber 3’ shower unit and coved ceiling.
Exterior: Timber clad chalet with grey metal roof plus plastic guttering and pipework, concrete patio with picnic table enclosed within a fenced boundary having an interconnecting gate with next door should the buyer wish to purchase both adjoining chalets enabling the facility of letting as a 4 bedroom detached chalet on occasion.
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.
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FAQ
About 'Pippins Retreat 2' 86B Fifth Avenue, South Shore Park, Wilsthorpe YO15, Bridlington
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