3-bedroom property · YO22 4SW
For saleReduced £50k (−8.3%) on 20 JunListed 429 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hope & Braim are delighted to present Mariondale Cottage in Robin Hoods Bay to the market.
A freehold property with a highly profitable take-away business and two newly renovated holiday apartments located in the heart of this historic fishing village.
The commercial premises are situated on the ground floor with frontage onto Albion Road and comprises a take-away kitchen with frying range, a food prep room, storeroom, and staff WC.
Across from the shop front is an outdoor terrace with outdoor seating for customers.
Above the premises are three floors of accommodation that have been renovated into two separate holiday apartments, both with their own private entrances.
The apartments have been beautifully refurbished with great care to preserve the period features of this Grade II Listed property including exposed stonework and beams.
The one-bed apartment comprises an open plan living room/kitchen, a double bedroom and a modern shower room, all on the first floor.
The two-bed apartment comprises a kitchen, two double bedrooms and two bathrooms on the first floor and a lounge/diner within the roof space.
The business has been established for over thirty-five years and continues to attract returning customers and gain new customers in this prime trading location at the bottom of the Bay.
With the upstairs having been developed to maximise its full potential, we feel this property now offers an exciting business opportunity with two-streams of income.
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
Agent & docs
FAQ
About Mariondale Cottage, Albion Road, Whitby
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