2-bedroom flat · YO21 3EJ
For saleReduced £50k (−15.4%) on 20 JunListed 937 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
6 Royal Crescent was once known as Mrs Veazey's guesthouse which famously hosted the Dracula author, Bram Stoker during his stay in Whitby back in 1890.
Now a range of stylish apartments, this is an opportunity to purchase a piece of Whitby's history that has been recognised by the Whitby Civic Society and even features a Blue Plaque which celebrates and commemorates links with famous people in the area.
Situated on the ground floor of a Grade II Listed building, the accommodation comprises a front facing, open plan lounge/kitchen/diner with a white shaker style kitchen that is well equipped with a range of appliances, two bedrooms and a house bathroom that includes a walk in shower, separate bath, w.c and hand basin.
Parking is available on street, resident permits and guest scratch cards can be granted to vehicle owners residing within Whitby's Controlled Parking Zone from Scarborough Borough Council.
However throughout the winter months parking is free along West cliff.
There is a 999 Year lease with all owners having a share of the Freehold, the building management is established in house with fees of £70pm that includes communal maintenance costs and building insurance.
If you are thinking of investing, Bram's Lair certainly should be top of your list having stunning sea views, easy access down to the beach and a short walk into town.
Currently ran as a very successful holiday let, it can be offered to any prospective owner with the option of taking on the existing bookings with the current holiday letting company and with contents as a separate negotiation.
To arrange a viewing of this fabulous property, contact Hendersons today!
Value & comps
No previous sales on record.
Returns
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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 6,Flat 2, Royal Crescent, Whitby
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