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See how verdicts work1-bedroom flat · YO16 7RY
Sold STCListed 510 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
LEASEHOLD FIRST FLOOR FLAT ON FORTYFOOT...NO ONWARD CHAIN FIRST FLOOR FLAT....FORTYFOOT.
This self-contained, first floor LEASEHOLD flat comprises the whole of the first floor of a semi - detached property which was build c1935 and subsequently converted to create two units.
The subject flat benefits from Gas Central Heating and UPVc Double Glazing and comprises: Entrance; Private Stairway leading to the first floor Landing; Living Room, Fitted Kitchen, 1 Double Bedroom, Shower Room and separate WC.
The property occupies a pleasant position on the much sought after Fortyfoot, on the northern side of Bridlington.
Local amenities include a parade of shops, supermarket and parks - our lovely North Beach is just a short distance away. Ground Rent £50 per annum. No Onward Chain.
Please note this property does not come with any outside space or parking however there is plenty of on street parking. Council Tax Band A.
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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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 Fortyfoot, Bridlington, East Yorkshire, YO16
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