2-bedroom flat · YO21 1HF
For saleReduced £10.1k (−3.6%) on 23 SepListed 236 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An Exceptional Penthouse at Caedmon's Prospect, Whitby Positioned at the uppermost level of this well-managed modern development, this outstanding penthouse apartment represents a compelling turnkey opportunity currently available in Whitby.
From the moment you step inside, the quality of finish and the generosity of the living space make an immediate impression, and with holiday letting permitted under the terms of the lease, the property offers equal appeal to those seeking a personal retreat and those looking for a high-performing coastal investment.
The open plan living space is the undoubted centrepiece of the apartment, where feature glazing frames the surrounding townscape and draws light deep into the interior throughout the day.
The kitchen has been fitted to an enviable specification, with high gloss cabinetry and a full complement of integrated appliances combining aesthetic appeal with practical function.
Two double bedrooms, each with fitted wardrobes, provide comfortable and well-considered accommodation, while two tiled bathrooms finished with quality fittings ensure that the standard of the property is maintained throughout.
Modern electric heating and double-glazed windows complete a package that requires nothing further from its new owner.
Lift access and under croft parking address the practical realities of life in a busy coastal town with characteristic ease, while a 999-year lease from 2023 combined with a share of the freehold offers a security of tenure that is difficult to surpass.
Caedmon's Prospect sits within easy reach of Whitby's harbour, abbey, and the full breadth of the town's independent shops, restaurants, and cultural offer, placing the very best of this remarkable Yorkshire coast town firmly within reach.
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
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FAQ
About 39, Caedmons Prospect, Whitby
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