Detached house · YO18 7AU
To rentReduced £5.7k (−91.7%) on 23 SepListed 202 days · slow let
Opportunity summary
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About
DESCRIPTION / BACKGROUNDThe letting of 42 Burgate Chambers offers an excellent opportunity to rent attractive and well-positioned office space within Pickering town centre.
The premises extend to approximately 665ft2 of office space with storage and W.C. facilities.The office space comprises four individual offices with central hallway, storage space and W.C. facilities.
The accommodation is accessed directly off Burgate and whilst currently vacant, offers the opportunity to develop a town centre presence:First Floor Office Space:Office / Meeting Room (4.74m x 5.60m) Attractive and large office space suitable as a meeting room, with double aspect, overlooking Pickering town centre and attractive character features.Individual Office (3.70m x 2.55m)Good sized and well-presented individual office with outlook over Burgate.
Individual Office (3.95m x 1.96m)Comfortable individual office space with in-built storage cupboard and skylight allowing for plenty of light.Individual Office / Meeting Room (3.85m x 4.70m)Open office space set at the rear of the premises suitable for meeting / waiting room.Store Room: (1.85m x 1.30m)Storage space set on the central landing.Cloakroom (1.40m x 1.20m)Pedestal sink and low flush W.C.LOCATION The offices sit within the heart of Pickering with attractive outlook over the Market Street and access directly onto Burgate.Pickering is a popular market town, often referred to as the “gateway to the moors” with good range of convenience stores including bakery, butchers and green grocers as well as national chains such as Boots and the Coop.
The town is popular with tourists with range of accommodation, restaurants, cafes and public houses.
The North York Moors Railway runs from the town to Whitby proving a popular attraction.The town is home to a number of local, regional and national businesses with commercial premises located within the town centre as well as on the two, edge of town industrial estates Malton is located approximately 8.5 miles south and offers further range of shops, recreational, leisure, sporting, educational and health care facilities.
The town also benefits from railway station providing access to York and the coast.The market towns of Kirkbymoorside and Helmsley are located within a 15 miles radius with the historic city of York situated approximal 26 miles south offering range of high- class services and amenities as well as mainline railway station providing access to London Kings Cross and Edinburgh Waverley in under 2-hours.TO LET AS A WHOLEBY PRIVATE TREATYGUIDE PRICE: £6,250 Per Annum
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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 42, Burgate, Pickering
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