2-bedroom flat · YO21 3UE
Listing removedListed 175 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hendersons are delighted to present this well-proportioned, first floor two-bedroom apartment, offering a fantastic opportunity for both investors and first-time buyers alike.
Having been successfully let for a number of years, the property is well established as a reliable rental investment, with an anticipated income of approximately £700 per calendar month, providing an attractive return.
The accommodation is neatly arranged and well maintained, having just been painted throughout.
Briefly comprising a spacious and light-filled lounge, a fitted kitchen with ample storage and worktop space, two bedrooms, and a modern shower room.
The layout is both practical and comfortable, with well-proportioned rooms throughout and a pleasant outlook from the windows allowing for plenty of natural light.
Externally, the property forms part of a well-kept residential development with communal areas and parking available nearby, creating a convenient and low-maintenance lifestyle.
It should be noted that the property cannot be used as a commercial holiday let, making it ideally suited to the long-term rental market or as a permanent residence.
A solid, ready-made investment or an ideal first step onto the property ladder, this is a straightforward purchase with plenty of appeal.
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 advisors 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 38, Runswick Avenue, Whitby
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