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See how verdicts work3-bedroom terraced house · HU19 2DT
For saleReduced £10k (−7.4%) on 27 AugListed 75 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Bannister Street, Withernsea, Hu19 2DT Yieldit are pleased to offer to the market this three bedroom terraced property offering excellent potential for investors, with two reception rooms, two bathrooms and a useful loft room providing additional flexible accommodation.
The property also benefits from a small front garden and a rear yard which can be utilised for off road parking, adding further appeal for tenants.
The layout and additional space provide scope for a strong rental proposition or potential refurbishment opportunity, subject to the necessary works and permissions.
Withernsea is a popular East Yorkshire coastal town offering a range of local amenities, shops, schools, leisure facilities and access to the seafront.
The town has an established rental market and continues to attract investors seeking affordable property with potential for rental income and longer term capital growth.
Withernsea is identified by East Riding of Yorkshire Council as a key focus for regeneration, including improving the range and quality of housing.
The wider Hull and East Yorkshire devolution deal also includes a £400 million long term investment fund, with funding allocated towards economic growth, housing, transport and coastal regeneration across the region.
In addition, a new 40 home affordable housing development is being delivered in Withernsea, with the first homes expected from 2026.
This ongoing investment, alongside the town's relatively affordable property values and coastal location, makes Withernsea an area of interest for investors looking for potential rental returns and longer term growth.
Financial Breakdown Gross Rent: £9,000.00 Net income: £8,100.00 Gross yield: 6.67% Net yield: 6% Please contact agent for full financial breakdown.
Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract.
Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-08613
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
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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 advisers 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
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FAQ
About 67, Bannister Street, Withernsea
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