2-bedroom flat · TS12 1EQ
For saleListed 118 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare and exciting investment opportunity in the heart of Saltburn-by-the-Sea, this detached freehold property has been thoughtfully converted into two self-contained apartments, each currently operating as successful holiday accommodation.
Perfectly positioned just moments from the town's vibrant amenities, independent cafés, restaurants and renowned coastline, the property offers an attractive proposition for investors seeking a ready-made holiday let business in one of the North East's most sought-after seaside destinations.
Both apartments are beautifully presented and designed for modern coastal living.
Each enjoys a spacious open-plan living area incorporating a contemporary fitted kitchen, dining and sitting space, creating bright and welcoming accommodation for guests.
There are two bedrooms and a stylish modern bathroom within each apartment, offering comfortable and versatile living arrangements.
The ground floor apartment benefits from a private courtyard terrace, providing a sheltered outdoor space for relaxation, while the first-floor apartment enjoys a balcony with delightful views towards the sea, allowing guests to fully appreciate the property's enviable coastal setting.
Saltburn continues to attract visitors throughout the year with its award-winning beach, dramatic coastline, surfing culture, woodland walks and thriving town centre, making this an ideal holiday let investment with strong appeal to both short-break and holiday guests.
Uniquely, the freehold owner is also willing to consider selling the apartments individually, presenting flexibility for investors, second-home buyers or those seeking a permanent coastal residence.
Freehold
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 Garnet Street, Saltburn-by-the-Sea, North Yorkshire
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