3 × 1-bed flat · YO15 2QX
For saleListed 48 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This handsome red-brick end-terrace property offers a seamless addition to any investment portfolio, presenting a rare "turnkey" opportunity for the discerning buyer.
Originally a spacious four-bedroom period home, the property has been expertly reconfigured into three fully self-contained one-bedroom apartments.
This conversion successfully blends the building's original architectural charm with a robust, modern rental model that maximizes both space and income potential.
The primary appeal of this acquisition lies in the exceptional quality and reliability of the current tenancies.
The property is being sold with three excellent tenants in situ, generating a consistent and impressive annual income in excess of £14,000.
Each tenant has a proven track record of reliability, with all rent payments fully up-to-date and no history of arrears.
This established stability allows an incoming landlord to bypass the usual setup costs and void periods associated with new investments, securing an immediate and reliable return from day one.
Each of the three apartments has been thoughtfully designed to provide a comfortable and private living environment.
Every unit features its own dedicated kitchen equipped with integrated appliances and ample cabinetry, alongside private bathroom facilities that range from modern walk-in showers to contemporary tiled suites.
Throughout the building, the property’s heritage is still evident; high ceilings and large bay windows remain a key feature, ensuring each flat is bathed in natural light and maintains a sense of character that is highly sought after in the rental market.
Beyond the internal living spaces, the property offers practical benefits that enhance its long-term appeal.
Residents have access to a small, enclosed outdoor area at the rear, which provides a private space for storage or creative landscaping.
The convenience of on-street parking directly outside the home, combined with its proximity to local amenities and public transport links, ensures the property remains a perennially popular choice for tenants.
This is a unique chance to acquire a high-yield, character-filled asset with a proven track record of financial performance.
Lounge 3.42m x 3.79m Kitchen Diner 2.19m x 2.93m Bedroom 1 2.32m x 3.32m Lounge 3.66m x 4.33m Kitchen 1.92m x 4.27m Bedroom 2 1.82m x 2.59m Kitchen Lounge Diner 3.39m x 5.03m Bedroom 3 2.01m x 2.76m
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
FAQ
About Clarence Road, Bridlington, YO15
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